CPA Firm Sax LLP Expands NYC Presence Through Acquisition

On Jul 29, 2022

Parsippany-based accounting firm Sax LLP has announced the expansion of its New York presence through the acquisition of fellow tax and accounting firm, David Weiss CPA, PLLC, effective July 31.

As a result of the merger, Sax is now a 47-partner firm with 237 total employees. It now has three offices between New York and New Jersey and has a remote team that spans 14 states.

“In my time as managing partner of Sax, we have seen our firm grow by 137%, and a good portion of that is attributed to successful mergers and acquisitions. When identifying potential partners, it is mission critical to Sax leadership that we find the right fit,” said Joseph A. Damiano, CEO & managing partner of Sax LLP. “Our intention is to expand our size and reach, but also to reinforce our team culture and service philosophies that got us to where we are today. We found a tremendous match with David Weiss CPA. Not only are they aligned with Sax where it matters most, but their highly capable professionals and high-caliber expertise takes us another step further in the New York market, and as a firm overall.”

“This is an exciting time for David Weiss CPA as we move forward with Sax to enhance our capabilities and services for our clients,” said David Weiss, partner of David Weiss CPA PLLC. “This partnership with Sax is an excellent match as we both strive for the same goals and operate with the utmost professionalism, skill, and drive. Together, with our combined expertise and resources, we will continue our collective growth and deliver meaningful results and solutions to those we serve.”

David Weiss CPA, PLLC has provided financial guidance to individuals and businesses for more than 35 years with expertise ranging from traditional tax management and accounting to more in-depth services such as audits, financial statements, and financial planning.

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