Andersen Group targets $1.75bn valuation in IPO

Tax advisory steadfast Andersen Group is targeting a valuation of up to $1.75bn successful its archetypal nationalist offering (IPO) successful the US.

In September 2025, the institution filed a registration connection with US Securities and Exchange Commission (SEC) to database its shares connected New York Stock Exchange (NYSE) nether the awesome ANDG.

The IPO aims to connection 11 cardinal shares astatine an estimated terms scope betwixt $14 and $16 per share, with the extremity of raising up to $176m.

A thirty-day enactment volition beryllium disposable for underwriters to bargain arsenic galore arsenic 1,650,000 further shares astatine the IPO price, excluding underwriting fees and commissions.

Morgan Stanley and UBS Investment Bank person been appointed arsenic pb book-running managers for this offering.

Deutsche Bank Securities, Truist Securities and Wells Fargo Securities are besides progressive arsenic book-running managers, portion Baird and William Blair are listed arsenic further book-running managers.

Andersen Group operates successful the US with a absorption connected tax, valuation and fiscal advisory services for individuals, household offices, concern entities and alternate concern funds.

Its web extends internationally done subordinate and collaborating firms delivering tax, legal, valuation and consulting services successful much than 180 countries astatine much than 1,000 sites, employing upwards of 3,000 partners and 50,000 staff.

The firm's inheritance is linked to Arthur Andersen’s closure successful 2002 pursuing its engagement with Enron.

Arthur Andersen was convicted of obstruction of justness related to the Enron case; however, this condemnation was aboriginal overturned by the Supreme Court.

After Arthur Andersen ceased operations, HSBC acquired a information of its taxation part done Wealth & Tax Advisory Services (WTAS).

This entity subsequently separated from HSBC successful a absorption buyout earlier adopting the Andersen Tax sanction successful 2014.

This rebranding marked the commencement of what is present known arsenic Andersen Group.

"Andersen Group targets $1.75bn valuation successful IPO " was primitively created and published by International Accounting Bulletin, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.