Andersen Group Inc. Closes Acquisitions in Ireland, New Zealand, Nigeria, Advancing Global M&A Strategy

Andersen Group (NYSE: ANDG) closed acquisitions of tax firms in Ireland and New Zealand, a tax firm and consulting firm in Nigeria, and a tax firm and law firm in Uruguay, expanding its global platform.

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SAN FRANCISCO--(BUSINESS WIRE)-- Andersen Group Inc. (NYSE: ANDG) today announced it has closed the acquisition of tax firms in Ireland and New Zealand, a tax firm and a consulting firm in Nigeria, and a tax firm and a law firm in Uruguay, expanding its presence across key developed and high-growth markets as it continues to scale its global platform. The company’s previously announced definitive agreement for a business combination in Canada is expected to close in the third quarter.

Together, these transactions represent approximately $34.5 million in annualized revenues, reflecting continued execution against a global strategy to incorporate firms from Andersen’s pipeline into the public company.

Ireland and New Zealand are strategically important developed markets with strong demand for integrated tax, legal, and consulting services, while Africa represents a significant long-term growth opportunity. Together, these additions strengthen Andersen Group’s ability to deliver coordinated, cross-border solutions across Europe, North America, Africa and Asia-Pacific, while expanding its presence in important markets.

“These transactions reflect the disciplined execution of our strategy to build a truly global, multidimensional professional services platform within the public company,” said Mark Vorsatz, global chairman and CEO of Andersen. “Our recent transactions underscore the depth of our pipeline and the pace at which we are expanding the platform.”

The integrations are part of Andersen Group’s broader M&A strategy to incorporate select member and collaborating firms from across the Andersen Global platform into the public company. Andersen continues to evaluate additional opportunities across its international pipeline.

Upon completion, the firms will operate under the Andersen brand, aligning with the organization’s global standards, culture, and client service model.

About Andersen Group Inc.

Andersen is a leading provider of independent tax, valuation and financial advisory services to individuals, family offices, businesses and alternative investment funds in the United States. Andersen’s differentiated approach to client service is rooted in core values that emphasize stewardship, transparency and the seamless delivery of independent, high-quality service. Worldwide, Andersen’s presence spans more than 180 countries through its global platform of member and collaborating firms delivering tax, legal, valuation and consulting services across more than 1,000 locations with over 3,000 partners and 50,000 professionals.

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by these forward-looking statements.

Forward-looking statements may include, but are not limited to, statements regarding our outlook, guidance, strategies, plans, objectives, expectations and intentions, and are often identified by words such as “may,” “will,” “should,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “forecast,” “target,” “project,” or similar expressions.

These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are outside our control. Important factors that could cause actual results to differ materially include, but are not limited to, economic conditions, competitive pressures, changes in customer demand, regulatory developments, technological changes, and other risks described in our filings with the Securities and Exchange Commission (SEC), including our most recent Form 10-K and subsequent Form 10-Q filings.

We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260506428861/en/

Gregory L. Vistica
Managing Director
Greg.vistica@andersen.com

Source: Andersen

Key Terms

m&a financial

M&A, short for mergers and acquisitions, involves one company combining with or purchasing another company to grow, streamline operations, or gain competitive advantages. For investors, M&A activity can signal potential for increased value, new opportunities, or changes in market dynamics, making it an important factor to watch in the business landscape.

View in glossary

business combination financial

A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

consulting services technical

Consulting services are professional advice and hands-on support sold by outside experts to help organizations solve problems, make decisions, or improve operations—like hiring a trusted coach or mechanic for a business. For investors, consulting work matters because it can be a steady revenue source, signal a company’s capabilities and relationships, and affect profit margins and growth prospects depending on whether contracts are one-off projects or ongoing retainers.

public company financial

A public company is a business that sells ownership shares to the general public on a stock exchange, so anyone can buy or sell pieces of the company like slices of a pie. It matters to investors because its financial results, management decisions, and market prices are public and easily traded, making it possible to gain or lose money based on the company’s performance and market sentiment.