Andersen Group, a tax, valuation, and advisory firm founded by former Arthur Andersen partners, raised $176 million by offering 11 million shares at $16, the high end of the range of $14 to $16. At pricing, Andersen Group commands a fully diluted market value of $1.9 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 plans to list on the NYSE under the symbol ANDG. Morgan Stanley, UBS Investment Bank, Deutsche Bank, Truist Securities, Wells Fargo Securities, Baird, and William Blair acted as joint bookrunners on the deal.
