CHICAGO–(BUSINESS WIRE)–DSWD, LLP (“DSWD”) is pleased to announce a strategic investment by 119th Street Capital, an Indiana-based family office that exclusively invests in privately-owned financial services firms. The investment marks an exciting new chapter for DSWD’s professional service offerings – one that will fuel continued growth, support its people-first culture, and expand its ability to serve clients with excellence.
Since its founding in 2009 by Joseph DeMarco, John Sciaccotta and Rick Wilkens, DSWD has been built with a focus on combining high touch service with a people first approach that makes clients and colleagues feel like family. That philosophy resonated strongly with the 119th Team, who are thrilled to support and contribute to the continuation of DSWD’s success.
“Our partnership with 119th is a significant milestone for our firm, and one for which we are immensely proud,” said John Sciaccotta, Managing Member of DSWD Advisory Group, LLC. “119th shares our belief that building strong relationships and maintaining a people-first culture drives long-term meaningful success. Together, we will continue to grow, not just for the benefit of our clients, but also for our current and future team members who will be instrumental in continuing DSWD’s success far into the future.”
The partnership with 119th provides DSWD with additional resources to expand its team, strengthen its client service capabilities, and pursue opportunities for growth through strategic acquisitions and partnerships while maintaining the culture that has defined the firm since its founding.
“DSWD is exactly the type of firm we are excited to invest in – one that combines strong leadership, clear strategic vision, and a deep commitment to its people, clients, and culture,” said Anthony Contrucci, Managing Partner of 119th Street Capital. “We are thrilled to be able to support their next chapter of growth and to partner with a team that is so aligned with our values and long-term perspective.”
About DSWD
With the completion of the investment by 119th Street Capital in DSWD Advisory Group, LLC, DSWD LLP and DSWD Advisory Group will operate in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. DSWD Advisory Group provides tax, accounting, business advisory and other non-attest services, and is not a licensed CPA firm, although it may employ certified public accountants. DSWD LLP, a licensed CPA firm, provides attest and assurance services. Together, DSWD Advisory Group and DSWD LLP will maintain an unwavering focus on providing the highest quality client service. Since 2009, DSWD has been committed to providing premier client service with integrity. The firm’s overarching philosophy is predicated on clear and consistent communication and maintaining an atmosphere of trust and accountability. With a relentless focus on exceeding client expectations, providing proactive solutions, and community service, DSWD continues to build trusted partnerships that last for generations.
To learn more, please visit www.dswd-advisory.com.
About 119th Street Capital
119th Street Capital is an Indiana-based family office with an exclusive focus on partnering with privately owned financial services firms. As a wholly-owned subsidiary of First Bancshares, Inc., its financial services roots span more than 130 years and five generations of the Schrage family. The firm takes a long-term, relationship-driven approach to partnerships, emphasizing cultural alignment, value-driven growth, and sustainable expansion. By leveraging deep sector expertise and an extensive industry network, 119th Street Capital works with growth-oriented leaders to build exceptional companies.
To learn more, please visit www.119th.com.
Disclosure
DSWD is the brand name under which DSWD Advisory Group, LLC and DeMarco Sciaccotta Wilkens & Dunleavy, LLP (DSWD), along with their subsidiaries, operate as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations, and professional standards. DeMarco Sciaccotta Wilkens & Dunleavy, LLP (DSWD) is a licensed independent CPA firm that provides attest services, including audits, reviews, compilations, and surprise exams. DSWD Advisory Group, LLC provides tax, advisory, and consulting services.
Contacts
Media Contact:
John Sciaccotta
Managing Member of DSWD Advisory Group, LLC
[email protected]
www.dswd-advisory.com
