Workflow
financial advisory and related consulting services
icon
Search documents
Tax firm Andersen reveals over 12% revenue jump in US IPO filing
Yahoo Finance· 2025-09-19 22:31
Company Overview - Andersen Group reported a 12.4% increase in revenue for the first half of 2025, with revenue reaching $384.1 million compared to $341.6 million in the same period the previous year [1][4] - The company experienced a loss of $45.4 million in the first half of 2025, contrasting with a profit of $46.9 million in the same period a year earlier [4] IPO Details - Andersen has filed for an initial public offering (IPO) in New York, with plans to list under the ticker symbol "ANDG" [5] - Morgan Stanley and UBS are serving as lead underwriters for the offering [5] Industry Context - The potential listing of Andersen marks a significant emergence from the legacy of Arthur Andersen, positioning it as one of the few publicly traded tax and consulting firms in the United States [3] - The profile of U.S. IPOs has broadened recently, driven by strong investor demand across various sectors [3]
Tax Firm Andersen to File Publicly for IPO as Soon as This Week
Yahoo Finance· 2025-09-17 23:48
Core Viewpoint - Andersen Group Inc. is planning to publicly file for its IPO, potentially debuting in early October, amid a favorable market environment following a Federal Reserve interest rate cut [1][2]. Group 1: IPO Plans - Andersen Group has filed confidentially for a listing and is working with Morgan Stanley and UBS Group AG as lead underwriters for the planned IPO [1]. - The company aims to capitalize on the growing investor appetite for stocks [1]. Group 2: Company Overview - Andersen provides a wide range of services including tax, valuation, financial advisory, and related consulting services to both individual and commercial clients [2].