Sax, a Top 75 Firm based in Parsippany, New Jersey, plans to buy Maddaloni, Nydick & Keenan PC, in Florham Park, New Jersey, effective Nov. 15, 2025.
MNK dates back to 1989, and the acquisition marks the first deal completed by Sax after
As a result of the deal, Sax now has 70 partners and a total of 363 employees across five offices in New Jersey, New York, and Mumbai, India, and a remote workforce spanning 25 U.S. states.
"This acquisition represents a meeting of shared values — client dedication, integrity, and excellence," said Sax CEO Joseph Damiano in a statement Thursday. "We are thrilled to welcome MNK into the Sax family. Their longstanding commitment to client success and internal growth is a natural complement to our vision as we continue to expand our footprint and capabilities. It's also especially exciting to mark our first post-Cobepa transaction with a firm whose culture and approach align so perfectly with ours."
Sax ranked No. 66 on Accounting Today's 2025 list of the
"For more than 35 years, we've taken pride in growing with our clients, fostering a team of professionals who care deeply about the work they do and the people they serve," said MNK managing partner Steve Nydick in a statement. "Joining Sax allows us to enhance that mission with greater resources and reach, while maintaining the core values that have defined MNK since its founding."
"Our partnership with SAX represents an exciting new chapter for our firm, our clients, and our people," added another MNK managing partner, Michael Maddaloni. "Together, we can provide an even broader range of services and opportunities, while preserving the personal relationships and trust that have been the cornerstone of MNK for more than three decades."
In June, Sax acquired
