Andersen Group, a tax, valuation, and financial advisory firm formed by former Arthur Andersen partners, announced terms for its IPO on Monday.
The San Francisco, CA-based company plans to raise $165 million by offering 11 million shares at a price range of $14 to $16. At the midpoint of the proposed range, Andersen Group would command a fully diluted market value of $1.7 billion.
Founded in 2002 by a team of leaders and partners of the former accounting firm Arthur Andersen, Andersen Group provides independent tax, valuation, and financial advisory services to individuals and family offices, businesses, and institutional clients. As of September 30, 2025, Andersen had performed services for over 11,900 client groups across the US. The firm has a global reach, facilitated through its membership in Andersen Global, a Swiss association of over 300 member and collaborating firms.
Andersen Group was founded in 2002 and booked $811 million in revenue for the 12 months ended September 30, 2025. It plans to list on the NYSE under the symbol ANDG. Morgan Stanley, UBS Investment Bank, Deutsche Bank, Truist Securities, and Wells Fargo Securities are the joint bookrunners on the deal. It is expected to price the week of December 15, 2025.
