Deal Details

Andersen Completes $216.8 Million Follow-On Offering

Technology & Services

Andersen follow-on offering

Summary

Andersen Group Inc. (“Andersen”) (NYSE: ANDG) announced the closing of an underwritten public offering of 4,927,125 shares of its Class A common stock, which included the exercise in full of the underwriters’ option to purchase an additional 642,668 shares of Class A common stock at a public offering price of $44.00 per share (the “Offering”). Gross proceeds to the selling stockholders are expected to be approximately $217 million. Andersen will not receive any proceeds from the sale of shares by the selling stockholders in the Offering.

Baird served as the lead bookrunner on this Offering.

About

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. Andersen is headquartered in San Francisco, California.

Technology & Services

Andersen follow-on offering