merger and acquisition
Accounting

SAX Acquires SCL Consulting

Parsippany-based SAX, a Top 100 national accounting, tax, and advisory firm, has announced that SCL Consulting has entered into an agreement to join SAX LLP and SAX Advisory Group LLC, effective Nov. 14.

Founded in 2014 by Shane Lease, SCL Consulting is a Maryland-based financial consulting firm that has spent more than a decade delivering accounting and advisory solutions. The firm is widely recognized for its strength in Client Accounting Services (CAS) and for cultivating long-term relationships built on integrity and results.

The partnership strengthens one of SAX’s fastest-growing disciplines—Client Accounting Services—and expands the firm’s Mid-Atlantic presence.

“I founded SCL Consulting with the goal of delivering meaningful financial guidance and long-term value for our clients,” said Shane Lease, founder of SCL Consulting. “This next step with SAX represents a natural evolution for our firm. SAX’s strength in Client Accounting Services, along with its collaborative culture and focus on innovation, will allow us to continue serving our clients with even greater depth and efficiency.”

“We’re thrilled to welcome Shane and the SCL Consulting team to SAX,” said Joseph Damiano, CEO of SAX. “This partnership reflects our shared values—client focus, excellence, and teamwork. By combining SCL’s deep experience in Client Accounting Services with our own established practice, we’re enhancing our ability to deliver exceptional results and drive continued growth for our clients.”

This transaction marks another milestone in SAX’s strategic expansion following its minority investment from Cobepa, an independent investment company. The Cobepa partnership continues to accelerate SAX’s growth trajectory—enhancing service capabilities, deepening resources, and supporting the firm’s mission to deliver exceptional value to clients across industries.

As a result of this integration, SAX now comprises 70 partners and 389 total employees, with a presence across five offices in New Jersey, New York, and Mumbai, India, and a remote workforce spanning 30 U.S. states.

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