Reuters: IPOX® Analyst Muehlbauer comments on Andersen's $1.75 Billion IPO

In a recent Reuters article, tax advisory firm Andersen Group announced it is targeting a valuation of up to $1.75 billion in its upcoming US IPO. The San Francisco-based company plans to raise approximately $176 million by offering shares between $14 and $16, aiming to complete the listing before the year-end window closes. The move marks a significant step for the firm, which traces its roots back to the Arthur Andersen accounting firm.

IPOX® Associate Lukas Muehlbauer provided expert commentary on the listing, describing it as an "interesting resurrection story." Muehlbauer noted that the company is betting that the "brand's historic association with quality will outweigh the reputational baggage of Enron."

Addressing the timing of the deal, Muehlbauer observed that the decision to list in December suggests "management is prioritizing immediate access to capital over potential volatility in early 2026." He further added that the timing strategically aligns with tax-extension filings, allowing the firm to showcase its typically strong September results to investors.

Read the full article by Prakhar Srivastava and Arasu Basil on Reuters: Tax firm Andersen targets $1.75 billion valuation in year-end US IPO