Sax acquires CoMetrics

Sax acquired CoMetrics Partners, a specialized management consulting and technology firm, on Wednesday. 

The deal expands the Top 75 Firm's turnaround management, profit optimization, M&A due diligence, lender services and performance analytics services. This is the firm's latest acquisition since it received private equity funding from Copeba in July 2025. Terms of the deal were not disclosed.

"Mid-market consumer product companies don't need another advisor telling them what happened last quarter. They need someone who can show them what's happening right now and help them act on it," Joseph Damiano, CEO of Sax Advisory Group, said in a statement. "CoMetrics has built exactly that capability. Hands-on operators with proprietary technology that gives clients real-time visibility into their business. Bringing that into the Sax platform means our clients get one team that sees the whole picture: operations, capital structure, and performance data, all under one roof."

Sax, based in Parsippany, New Jersey, ranked No. 60 on Accounting Today's 2026 Top 100 Firms list, with $138 million in revenue, 73 partners and over 500 total staff.

Based in New York City, CoMetrics' three partners and entire staff join the Sax team. 

"Sax is an entrepreneurial professional services firm that shares our values and commitment in helping our clients achieve excellence," Gary Herwitz, managing partner of CoMetrics Partners, said in a statement. "Sax gives us the platform to expand upon what we already do well, with significantly more resources behind us."

In January, Sax acquired Owen J.Flanagan & Co. in New York City, and Scheidel, Sullivan & Lanni in Ramsey, New Jersey. Other recent deals include the acquisition of Maddaloni, Nydick & Keenan in Florham Park, New Jersey, and SCL Consulting in Columbia, Maryland. It also added Sewald & Anastasia in Parsippany, New Jersey, last year prior to taking PE funding.

"Among the Top 60 CPA firms nationally, Sax continues to be recognized as one of the highest-performing firms in the country," Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination, said in a statement. "The firm is now expanding its M&A and lateral talent strategies and attracting exceptional talent eager to join. Gary Herwitz and his CoMetrics team are one of the preeminent advisory firms in the consumer products industry and, with the Sax platform behind them, should accomplish great things together."