Lowenstein Sandler Guides SAX Advisory Group Through Strategic Growth Initiative: Six Acquisitions in Nine Months Following Cobepa Investment

In July 2025, Lowenstein Sandler represented SAX LLP, a leading accounting and advisory firm founded in 1957, in securing a minority investment from Cobepa, an independent, privately held investment company with offices in Brussels and New York. Over the following nine months, Lowenstein continued as SAX's legal partner through the strategic deployment of that capital-guiding the firm through six acquisitions that expanded its service capabilities and geographic reach.

"When Cobepa invested in SAX, we weren't just raising capital-we were building the foundation for accelerated growth," said Joseph Damiano, CEO of SAX Advisory Group. "Lowenstein understood our vision from day one. They helped us structure the equity investment with the flexibility we needed, then stayed with us through every acquisition that followed. That continuity matters when you're moving this fast."

Led by the firm's Mergers & Acquisitions partners Nicholas San Filippo IV and Jean Nicolas "Nick" Samedi, Jr., the Lowenstein team guided SAX through the acquisition of six companies that strengthened SAX's position across forensic accounting, wealth management, nonprofit advisory, and specialized consulting:

• Ferraro Amodio & Associates, LLC, doing business as FAZ Forensics, a New York-based forensic accounting, consulting, and advisory firm
• CoMetrics Partners, a specialized management consulting and technology firm serving consumer product companies, lenders, and investors
• Owen J. Flanagan & Co., a firm with deep expertise in auditing and accounting, serving a wide range of clients from tax-exempt organizations-including private foundations and public charities-to for-profit businesses, high-net-worth individuals, estates, and trusts
• Scheidel, Sullivan & Lanni CPA LLC, along with Sierra Financial Advisors, LLC, the firm's wealth management arm
• SCL Consulting, a financial consulting firm that has spent more than a decade delivering high-quality, tailored accounting and advisory solutions rooted in trust, collaboration, and exceptional client service; and
• Maddaloni, Nydick & Keenan, P.C. , a certified public accounting and consulting firm.
  
  

"SAX came to us with a clear growth strategy and the discipline to execute it," said Nicholas San Filippo IV, partner in Lowenstein's Mergers & Acquisitions practice. "Our job was to build the legal infrastructure that let them move quickly without losing sight of cultural fit, regulatory requirements, or integration risks. It works when the legal framework and the business strategy are built together from the start."

In addition to San Filippo and Samedi, the Lowenstein team also includes Alex Leibowitz, Adam Dickson, Sophia Mokotoff, Megan Monson, Vincent R. Scala, and Rishabh Sharma.