National accounting, tax and advisory firm SAX Advisory Group is growing again.
This week the Parsippany-based firm announced it acquired CoMetrics Partners, a specialized management consulting and technology firm. The move significantly bolsters SAX’s footprint in the consumer products sector and expands its high-level advisory capabilities.
Terms of the transaction were not disclosed, but the deal marks a major milestone for SAX, bringing its total headcount to over 500 professionals and 73 partners across the East Coast and internationally.
Founded over 18 years ago, CoMetrics is known for its proprietary technology and “hands-on” operational consulting. By integrating the DataMetrics platform, SAX will now offer middle-market consumer product companies real-time visibility into key performance indicators (KPIs)—a critical edge in a fast-moving economy.
“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,” Joseph Damiano, CEO of SAX Advisory Group said in a release. “CoMetrics 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.”
The acquisition expands SAX’s expertise in:
- Turnaround Management and Profit Optimization
- M&A Due Diligence
- Lender Services
- Performance Analytics
This transaction marks SAX’s third combination in 2026 and its fifth since receiving a minority investment from Cobepa. Unlike many firms that consolidate into larger conglomerates, SAX utilized the capital infusion specifically to maintain its independence while aggressively scaling its lateral talent and M&A strategies.
Allan Koltin, CEO of Koltin Consulting Group, who advised both firms, noted that SAX is currently one of the highest-performing CPA firms in the country.
“Gary Herwitz and his CoMetrics team are one of the preeminent advisory firms in the consumer products industry,” Koltin said. “With the SAX platform behind them, they should accomplish great things together.”
CoMetrics’ entire professional staff and its three partners have officially joined SAX. Gary Herwitz, managing partner of CoMetrics Partners, emphasized that the partnership provides the resources needed to expand their existing methodology while maintaining the execution discipline their clients expect.
“SAX gives us the platform to expand upon what we already do well, with significantly more resources behind us,” Herwitz added.
With this expansion, SAX continues to solidify its status as a multidisciplinary powerhouse. Its wealth management arm, SAX Wealth Advisors, now oversees more than $4.8 billion in assets under management, including $1 billion in retirement plan assets.
