Sax acquires SCL Consulting | Accounting Today

Top 75 Firm Sax acquired SCL Consulting in Maryland, effective Nov. 14, 2025.

SCL Consulting was founded in 2014 and specializes in client accounting services. The deal strengthens Sax’s own client accounting services and grows its Mid-Atlantic presence.

“I founded SCL Consulting with the goal of delivering meaningful financial guidance and long-term value for our clients,” Shane Lease, founder of SCL Consulting, said in a statement. “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.”

Sax is based in Parsippany, New Jersey and ranks No. 66 on Accounting Today‘s Top 100 Firms list, reporting $109 million in revenue. As a result of the deal, it has 70 partners, 389 employees, and offices in New Jersey, New York, and Mumbai, India. 

“We’re thrilled to welcome Shane and the SCL Consulting team to Sax,” Joseph Damiano, CEO of Sax, said in a statement. “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.”

In July, the firm received a minority investment from private equity firm Cobepa. The following month, it announced it would acquire Maddaloni, Nydick & Keenan, in Florham Park, New Jersey, effective Nov. 15, 2025. It also acquired Sewald & Anastasia, based in Parsippany, New Jersey earlier this year, prior to taking private equity money.