Accounting, tax and advisory firm, Sax LLP, on Thursday announced at effective Nov. 1, 2022, it acquired Steven Press, CPA, P.C. and Press came on board as partner.
As a result of this partnership, Parsippany-based Sax is now a 50-partner firm with 265 total employees. The firm has three offices between New York and New Jersey, one international office located in Mumbai, India and has a remote team that spans 15 states and 2 countries. In addition to this acquisition, Sax recently expanded its NYC presence with the acquisition of David Weiss.
Based in Mamaroneck, New York, Press’ practice has provided full-service accounting services since 2015 to clients across the country. A CPA and CFE with 15 years of tax and accounting experience, Press specializes in tax planning, advisory, and compliance for employees and founders of tech and high growth companies and guides them to maximize the value of their equity compensation.
“I am thrilled to join Sax where I will continue to nurture my long-standing client relationships under my new banner,” Press said. “I very much align with the core values and philosophies of the firm, which was important to me when making the decision to take my role as an advisor to the next level. Joining Sax provides me with a deep bench of resources and capabilities that I can now leverage to better serve my clients.”
“Steven Press is a great fit for our firm and exemplifies what we look for in an advisor to our clients, and a leader in our firm,” Joseph Damiano, CEO and managing partner of Sax LLP said. “We welcome him to our team and look forward to witnessing his contributions to the productivity and growth of our firm moving forward.”