Andersen Group (ANDG) priced its IPO at $16.00 – the top of its $14.00-to-$16.00 price range – and sold 11 million shares – the number of shares in the prospectus – to raise $176 million on Tuesday night, Dec. 16, 2025. Andersen Group’s stock is expected to start trading today – Wednesday, Dec. 17, 2025 – on the New York Stock Exchange.
Morgan Stanley and UBS Investment Bank led the joint book-runners’ team. Deutsche Bank Securities, Truist Securities, Wells Fargo Securities, Baird and William Blair also served as joint book-runners.
Andersen Group, based in San Francisco, is a profitable tax accounting and advisory firm that was founded in 2002 by partners and leading managers of Arthur Andersen.
According to INSIDE Public Accounting, Andersen Group ranks among the top 20 U.S. tax accounting and financial advisory firms in 2025 – consistent with its standing over the years.
Andersen Group reported net income of $42.5 million on revenue of $774.2 million for the 12 months that ended June 30, 2025.
(For more information about this company, please check the IPO Calendar and the individual IPO Profile found on the IPOScoop.com website.)
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