Andersen Group Inc. filings document the company’s transition as a New York Stock Exchange public company and its formal reporting for a professional-services business focused on tax, valuation and financial advisory services. The records identify ANDG Class A common stock and include material-event reports on operating results, Regulation FD investor presentations and board composition.
Proxy materials cover annual-meeting procedures, stockholder voting matters, director elections and board committee structure. Current reports also disclose governance changes, compensatory arrangements and subsidiary equity-related awards involving Andersen Tax LLC, alongside capital-structure and exchange-listing information required for the company’s registered securities.
Andersen Group Inc. reported solid top-line growth and improved profitability for the three and six months ended June 30, 2026. Revenue rose to $217.7 million in the quarter from $176.0 million a year earlier, and to $458.4 million for the first half from $384.1 million, with gains across Private Client, Business Tax, Alternative Investment Funds, and Valuation services and all U.S. regions.
Quarterly operating results improved significantly, with operating loss narrowing to $8.9 million from $105.2 million, while the first half swung to operating income of $15.2 million from a $52.5 million loss. Net income for the first half was $7.6 million versus a $45.4 million loss. Cash from operations was strong at $65.8 million, though cash and equivalents declined to $175.6 million after $133.7 million of financing outflows, including distributions and repayments on related-party notes. Long-term related-party debt totaled $301.2 million, and interest expense increased to $12.1 million for the half. A reclassification of redeemable noncontrolling interest moved $804.3 million into permanent equity, resulting in positive total equity of $31.5 million despite a large accumulated deficit driven by the Up‑C structure.
Andersen Group Inc. reported strong growth for the quarter and six months ended June 30, 2026. Second-quarter revenue was $217.7 million, up 23.7% from $176.0 million, and six‑month revenue was $458.4 million, up 19.4% from $384.1 million. Growth was broad-based across all service lines and regions, with new client groups rising to 13,500 and client engagements to 23,800 in the first half.
The company recorded a second‑quarter net loss of $10.1 million, largely driven by non‑cash equity‑based compensation of $48.3 million, which declined sharply from $129.6 million a year earlier. Underlying results improved, with adjusted net income of $39.0 million in the quarter, up 38.8%, and adjusted EBITDA of $46.0 million, up from $29.7 million, lifting adjusted EBITDA margin to 21.1%. For the last twelve months, revenue reached $913.0 million and adjusted EBITDA $263.0 million. Headcount grew to 2,690 employees, including 349 Managing Directors, as the firm continued U.S. expansion and completed or announced multiple international tax and consulting acquisitions.
Driehaus Capital Management LLC reports beneficial ownership of Andersen Group Inc. Class A common stock on a Schedule 13G. Driehaus has beneficial ownership of 1,412,934 shares of Class A common stock, representing 10.49% of the outstanding class.
Driehaus reports no sole voting or dispositive power over these shares, but shared voting and shared dispositive power over all 1,412,934 shares. The shares are held in numerous client accounts managed by Driehaus on a fully discretionary basis. Driehaus states that, to its knowledge, none of these clients has rights to dividends or sale proceeds relating to more than 5% of the class.
Andersen Group Inc. has a significant shareholder group reporting ownership of its Class A Common Stock. Telemark Asset Management, LLC, Telemark Fund, LP, and Colin S. McNay jointly report beneficial ownership of 720,000 shares of Class A Common Stock, representing 5.3% of that class. This percentage is based on 13,472,214 shares outstanding as referenced in Andersen Group’s Form 10-Q filed on May 12, 2026.
Each reporting person has shared voting power and shared dispositive power over the 720,000 shares, and no sole voting or dispositive power. The parties disclaim being beneficial owners of any securities beyond those actually owned by each of them. The filing includes a joint filing agreement among the reporting persons dated August 3, 2026.
Royce & Associates reports beneficial ownership of 1,137,589 shares of Andersen Group Inc Class A common stock, representing 8.44% of the class. Royce & Associates has sole voting and sole dispositive power over all reported shares, with no shared authority.
The position is held for investment management clients of Royce & Associates, LP, an indirect majority-owned subsidiary of Franklin Resources, Inc. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. Royce & Associates disclaims pecuniary interest and beneficial ownership beyond Rule 13d-3 and indicates it is not part of a group with Franklin Resources, its affiliates, or their principal shareholders.
Franklin Resources, Inc. and affiliates report beneficial ownership of Andersen Group Inc. Class A common stock. Through Franklin Advisers, Inc. and related investment management subsidiaries, they report beneficial ownership of 904,544 shares, representing 6.7% of the class.
Franklin Advisers, Inc. has sole voting and dispositive power over 879,309 shares and shared voting and dispositive power over 25,235 shares. Franklin Small Cap Growth Fund, a series of Franklin Strategic Series, has an interest in 751,480 shares, or 5.6% of the class. Franklin Resources, the principal shareholders Charles B. Johnson and Rupert H. Johnson, Jr., and the investment management subsidiaries state that they may be deemed beneficial owners under Rule 13d-3 but disclaim pecuniary interest and that they form a group.
JPMorgan Chase & Co. has filed Amendment No. 1 to a Schedule 13G reporting beneficial ownership of Andersen Group Inc. Class A common stock. JPMorgan reports beneficial ownership of 1,412,823 shares of Class A common stock, representing 10.4% of the class. It reports sole voting power over 1,365,521 shares and sole dispositive power over 1,412,823 shares, with no shared voting or dispositive power. The filing attributes the holdings to subsidiaries including JPMorgan Asset Management (UK) Limited, JPMorgan Chase Bank, National Association, and J.P. Morgan Investment Management Inc., and states that no other person is known to have rights to receive dividends or sale proceeds over more than 5% of the class.
Durable Capital Master Fund LP, an entity associated with Durable Capital Partners LP, reported an open-market sale of 336,736 shares of Andersen Group Inc. Class A common stock at $40.01 per share. After this transaction, the fund continues to hold 1,333,749 shares indirectly. The filing notes that Durable Capital Partners LP, as investment adviser, has sole voting and investment power over these securities, and related parties disclaim beneficial ownership except for any pecuniary interest.
Andersen Group Inc. entered into a new $50.0 million asset-based revolving credit facility with JPMorgan Chase Bank, N.A. The three-year facility can be used for general corporate purposes, refinancing existing debt, permitted acquisitions, and working capital.
Borrowing capacity is tied to a borrowing base that includes up to 85% of eligible corporate client accounts receivable, and includes a $5.0 million letter of credit sublimit, with about $1.3 million already issued. The loan is guaranteed by key subsidiaries and secured by a first lien on substantially all assets of the loan parties.
Borrowings bear interest at Term SOFR plus 175 basis points, with a 25 basis point unused line fee and a 25 basis point upfront fee. The agreement contains a springing fixed charge coverage ratio covenant of 1.00x if availability falls below 25% of the line cap, as well as detailed limits on distributions, investments, and acquisitions, and customary events of default.
Andersen Group Inc. reported the results of its Annual Meeting of Stockholders held in virtual format on June 22, 2026. Stockholders voted as a single class to elect eight directors to serve until the 2027 annual meeting, with each nominee receiving over 1.00 billion votes in favor and minimal votes withheld, plus broker non-votes.
As of the April 23, 2026 record date, there were 112,485,744 shares outstanding, consisting of 12,951,358 shares of Class A common stock and 99,534,386 shares of Class B common stock. Class A carried one vote per share and Class B carried 10 votes per share. Stockholders also ratified the appointment of BDO USA, P.C. as independent registered public accounting firm for the year ending December 31, 2026, with 1,005,590,786 votes for, 5,241 against, and 1,401 abstentions.