<div id="readability-page-1">Shares of Andersen Group (ANDG) jumped to $21.37 in their New York Stock Exchange debut today – up $5.37 for a gain of 33.6 percent from their $16.00 IPO price. At the opening trade, Andersen would have a market cap of about $2.3 billion, according to Bloomberg. 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. Andersen’s IPO was priced at the top of its $14.00-to-$16.00 range. The IPO – consisting of 11 million shares – raised $176 million. Its market cap at pricing was about $1.75 billion. Morgan Stanley and UBS Investment Bank led the joint book-runners’ team for Andersen’s IPO. According to INSIDE Public Accounting, Andersen Group ranks among the top 20 U.S. tax accounting and financial advisory firms in 2025. </div>

ANDG

Andersen Group (ANDG) shares surged 33.6% to $21.37 in their NYSE debut, up from the $16.00 IPO price. The IPO raised $176 million with a market cap of $2.3 billion at opening trade. Andersen Group, a top 20 U.S. tax accounting and advisory firm, was founded in 2002. Morgan Stanley and UBS led the IPO.

The IPO Buzz: Andersen Group (ANDG) Pops in NYSE Debut