Xnergy LLC, a Century City-based boutique investment banking firm, announced that it has acquired the Stonecutter Group, a Santa Clarita-based management and finance consulting firm. The acquisition and merger will combine the resources of two firms and will allow Xnergy to establish a foothold in the Santa Clarita Valley, company officials said. One of the results of the acquisition and a major reason for Xnergy’s purchase was to add Alan D. Lewis II to its management team as a partner, officials said. “The Stonecutter Group’s principal, Lewis has an impressive track record client base and network. He and I have worked together for almost a decade and when we met to discuss our merger, we knew it was long overdue,” Nia Stefany, the managing partner of Xnergy said in a prepared statement. “Our merger provides a valuable proposition, as our combined reach, knowledge base and resources will further enhance our ability to assist our clients with growing their businesses.” Lewis also said the merger will enhance the new company’s ability to grow its clients’ business, as well as enabling it to provide better financial and business advisory services to the Santa Clarita Valley.
