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.