Sax acquires Faz Forensics

Top 75 Firm Sax Advisory Group acquired Faz Forensics, a forensic accounting, valuation and litigation support firm, effective March 20.

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The deal with Faz adds 18 employees, including five partners, to the Sax team. It also adds two offices in Saratoga Springs, New York and Boston. Terms of the deal were not disclosed. 

"The accounting and advisory profession continues to evolve, and clients increasingly demand depth, specialization and independence alongside scale," Sax CEO Joseph Damiano said in a statement. "Faz Forensics exemplifies the technical rigor and objectivity required in complex forensic engagements. This combination strengthens our ability to serve clients as their most trusted advisor across valuation, forensic, litigation, tax and advisory services."

Damiano-Joseph-Sax
Sax CEO Joseph Damiano

Sax, based in Parsippany, New Jersey, ranked No. 60 on Accounting Today's 2026 Top 100 Firms list, reporting $138 million in revenue. This deal is its fourth transaction of 2026, and its sixth since it received a minority investment from private equity firm Cobepa. Sax now has 80 partners and over 500 employees across offices in  New Jersey, New York, Massachusetts, and Mumbai, India.

"First and foremost, this was a deliberate decision to align with a firm that shares our values, culture and uncompromising standards for independence and integrity," Stephen Ferraro, a partner at Faz Forensics, said in a statement. "We look forward to joining Sax partner Megan Sartor and her talented team as Sax Forensics continues providing expert business valuation, forensic accounting, and litigation support services. By combining with Sax Advisory Group, we will significantly expand our capabilities and resources while continuing to deliver the objective, high-quality forensic work our clients rely on."


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