Contents
I.
Our Foundation
Our People
III.
Our Momentum
II.
Clients and Friends,
2025 was a year of meaningful momentum for Stout. We continued to grow with intention, broadened our capabilities, and continued to stay firmly rooted in the values that have guided us since our founding in 1991.
Several key strategic milestones shaped our year. A successful recapitalization, replacing Audax Private Equity with our new partner, Integrum Holdings, positions us to continue accelerating our growth trajectory and expanding how we support our clients. The acquisition of Appraisers and Planners, Inc. added depth to our commercial real estate advisory services in New York City and across the East Coast. And most recently, the addition of Pointe Advisory introduced our new Strategy service offering, enhancing our ability to support clients throughout the transaction and value creation lifecycle.
Inside this Year in Review, you’ll find the achievements and recognitions that mark our firm’s progress – but above all, I’m most grateful for the individuals who made it all happen. To our clients and partners: thank you for your trust and collaboration. It is a responsibility we honor deeply. And to the Stout team: thank you for your passion, your discipline, and your unwavering commitment to excellence.
Here’s to building on this momentum in 2026. The work continues, and the best chapters are still ahead.
CHIEF EXECUTIVE OFFICER
Craige Stout
By the Numbers
years of service
30+
Net Promoter Score
+92
Global reach with offices in North America, Asia, and Europe
Engagements last fiscal year
10,000
Clients served
5,000
Total colleagues
1,054
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Relentless Excellence. Built on Values.
OUR CORE VALUES
Committed
We are personally and professionally tenacious, setting big goals that impact the success of our colleagues and our organization.
Accountable
We seek to understand expectations, communicate clearly, and produce high quality work on a consistent basis.
Positive & Team-Oriented
We strive to build positive and cohesive team environments that prioritize success by valuing the people we work with.
Super Responsive & Great at Communicating
We seek to communicate quickly and clearly, ask questions to understand needs and set expectations with the intent to always exceed them.
Relationship-Focused
We build strong relationships by taking an active interest in our colleagues and by being mentors that celebrate our differences with grace and humility.
Entrepreneurial
We act like owners by being flexible, making wise decisions and promoting change that drives efficiency and moves us forward.
KEY FACTS
ABOUT US
© 2025 Stout Risius Ross, LLC | Stout is not a CPA firm.
MESSAGE FROM THE CEO
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Our People
III.
Our Momentum
II.
When valuations carry significant risk, clients turn to advisors with the expertise to deliver credible conclusions that withstand scrutiny. For more than 30 years, Stout has brought clarity to complex valuation matters, combining deep industry knowledge with an understanding of legal, tax, and regulatory considerations. As one of the largest valuation practices in the U.S., we support financial reporting, tax, planning, litigation, and transaction needs. Our work is trusted by leading public companies, private businesses, and global private equity firms.
Valuation Advisory
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In an increasingly complex transaction environment, companies need an independent advisor to deliver objective analysis, manage risk, and support conclusions throughout the deal lifecycle. Stout brings deep transaction experience to help clients cut through uncertainty and make sound decisions. We provide fairness and solvency opinions, financial and tax diligence, deal structuring, and pre- and post-transaction support. With timely, reliable advice, we guide clients from initial evaluation through close and integration with confidence.
Transaction Advisory
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With more than 20 years of experience, Stout helps clients drive results across strategy consulting, diligence, and competitive intelligence. Our approach is grounded in evidence and real-world experience, not theory. Deep industry expertise across professional services, healthcare, and industrials enables us to deliver differentiated perspectives supported by proprietary data and AI-enhanced methodologies. Serving CFOs, private equity sponsors, and corporate leaders, we translate complexity into clear options, actionable insights, and confident decisions throughout the transaction and value creation lifecycle.
Strategy
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Stout provides specialized advisory services designed to help organizations improve performance, manage risk, and make informed decisions. Our capabilities span automotive defect and recall consulting, CARES Act and PPP dispute support, construction-related financial advisory, digital and data analytics, fund advisory solutions, and transformative change consulting. Recognized for deep industry expertise and practical execution, our teams support clients before, during, and after complex events, delivering tailored solutions across regulatory, operational, financial, and strategic challenges.
Specialty & Industry Services
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For more than 25 years, middle market companies have relied on Stout for industry insight, steady guidance, and high-touch service throughout complex financial transactions. Our industry-focused bankers advise on mergers and acquisitions, private capital raising, and other strategic alternatives for family-owned businesses, private equity firms and portfolio companies, corporate divisions, and creditors. With deep experience across sales, buyouts, recapitalizations, and ESOP formations, we deliver thoughtful, practical advice tailored to each client’s objectives.
Investment Banking
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Stout is a market-leading provider of ESOP and ERISA advisory services, supporting companies and trustees through every stage of the ESOP lifecycle. Our fully integrated approach combines valuation, investment banking, capital raising, and financial diligence to deliver tailored outcomes across planning, formation, compliance, and sustainability or exit. With decades of ESOP experience, thousands of related engagements, and consistent recognition as a top fairness opinion provider, Stout serves trustees, ESOP-owned companies, business owners, buyers, and ESOP counsel with depth, rigor, and reliability.
ESOP Advisory
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Stout has a proven track record of helping clients throughout the litigation life cycle, including preliminary case assessment, discovery review and assistance, data analytics, expert testimony, and damage valuation. Our dedicated Claims practice has decades of experience solving complex insurance claims challenges on behalf of policyholders. Stout also provides investigative, compliance, and corporate monitoring services. We help companies prevent, detect, remediate, or otherwise resolve allegations of accounting impropriety, corruption, money-laundering, and other financial-related matters.
Disputes, Claims, & Investigations
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The business environment is increasingly complex, placing growing demands on accounting and finance leaders. From managing audits and internal controls to ensuring accurate financial reporting under tight deadlines, the margin for error is slim. Add a transaction or new regulatory guidance, and many teams lack the capacity or expertise to respond. Stout supports these moments with experienced professionals who integrate seamlessly with your team, providing technical insight, practical solutions, and accountability to deliver high-quality reports on time.
Accounting & Reporting Advisory
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Valuation Advisory
Transaction Advisory
Strategy
Specialty & Industry Services
Investment Banking
ESOP Advisory
Disputes, Claims, & Investigations
Accounting & Reporting Advisory
This is Stout
We help clients find clarity amid complexity and confidence despite uncertainty, time and again. We call it Relentless Excellence® — our clients call it getting results.
2025
A year of intentional growth, expanded capabilities, and measurable impact.
YEAR IN REVIEW
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OUR PEOPLE
OUR MOMENTUM
YEAR IN REVIEW 2025
OUR FOUNDATION
Contents
Our Momentum
II.
Our People
III.
Our Foundation
