Andersen Group (ANDG.US) IPO price is 14-16 US dollars/share and plans to raise US$165 million

The Zhitong Finance App learned that Andersen Group (Andersen Group), a tax, valuation and financial consulting firm founded by a former partner at Andersen Certified Public Accountants, announced its initial public offering (IPO) terms on Monday. The San Francisco, California-based company plans to issue 11 million shares at a price range of $14 to $16 per share and raise $165 million. Based on the midpoint of the proposed price range, the market value of the Andersen Group will reach 1.7 billion US dollars after complete dilution.

Arthur Andersen Group was founded in 2002 by the leadership team and partners of the former Andersen Certified Public Accountants to provide independent tax, valuation and financial advisory services to individuals, family offices, businesses and institutional clients. According to reports, Arthur Andersen was once one of the top five accounting firms in the world. It had an important influence in the fields of corporate consulting, auditing, taxation, and financial consulting, but eventually went out of business due to scandals such as the Enron incident.

As of September 30, 2025, the Andersen Group has served more than 1,1900 customer groups in the US and achieved global coverage through its membership in Andersen Global (Andersen Global) — a Swiss association of more than 300 member and partner companies.

The Andersen Group was founded in 2002 and achieved revenue of US$811 million in the 12 months ending September 30, 2025. The company intends to be listed on the New York Stock Exchange under the stock symbol “ANDG.” Morgan Stanley, UBS Investment Bank, Deutsche Bank, Truist Securities, and Wells Fargo Securities acted as joint bookkeeping managers for the transaction, and the issue price is expected to be determined during the week of December 15, 2025.