SAN FRANCISCO-Wednesday 8 July 2020 [ AETOS Wire ]
Andersen Global is
an international association of legally separate, independent member
firms comprised of tax and legal professionals around the world.
Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen
Global now has more than 5,000 professionals worldwide and a presence in
over 177 locations through its member firms and collaborating firms.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200707005939/en/
(BUSINESS WIRE) --
After operating under the brands Andersen Tax, Andersen Legal and
Andersen Tax & Legal, the member firms of Andersen Global in Europe
will now operate under a single brand, “Andersen,” demonstrating the
unified and seamless approach of the global tax and legal firm. Similar
brand changes in other regions around the world will follow throughout
the year.
This
announcement comes on the heels of the U.S. member firm’s transition of
its brand from “Andersen Tax” to “Andersen” last year. In total, member
firms in 12 European countries—Cyprus, Germany, Greece, Hungary,
Ireland, Italy, Luxembourg, Poland, Portugal, Spain, Switzerland and the
United Kingdom—will adopt the Andersen brand. The transition of
OrienTax and Szabo Keleman & Partners marks the debut of the
Andersen brand in Hungary. Additionally, B.A. Tax Accountants will adopt
the brand as it joins the team in Luxembourg.
Within
Europe, Andersen Global also has a presence in Austria, Bosnia and
Herzegovina, Bulgaria, Croatia, Kazakhstan, Moldova, the Netherlands,
North Macedonia, Republic of Kosovo, Romania, Serbia, Slovakia, Slovenia
and Ukraine through its collaborating firms and has future plans to
expand its regional footprint in Central and Eastern Europe, and
Scandinavia.
The
adoption of the Andersen brand in Europe best represents the full suite
of global services the organization offers its clients internationally
including legal services in 86 countries, 23 of which are in Europe.
“Our
common brand, Andersen, is reflective of our ‘one firm’ culture and
encompasses all that we do as a global organization. It signifies our
ability to provide best-in-class service and our deep commitment to
investing in our people,” said Mark Vorsatz, Andersen Global Chairman
and Andersen CEO. “Each of the member and collaborating firms that are a
part of our organization promote stewardship and maintain transparency.
Our global expansion continues to be driven by client needs and the
recognition that we can best serve clients with independent and
synergistic services.”
The
transition to the Andersen brand in Europe is a milestone for the
global organization, which began in 2002 when 23 former Arthur Andersen
tax partners created the tax-only firm WTAS. In 2014, the group adopted
the brand Andersen Tax as it best represented the firm’s values, culture
of clients-first, stewardship and transparency. The organization has
grown exponentially in Europe since the establishment of Andersen Global
(formerly WTAS Global) by founding U.S. member firm Andersen Tax LLC in
2013. The European region began with just two locations in 2013 and has
since expanded to more than 50 locations, nearly 2,000 tax and legal
professionals, and over 300 partners today.
“Many
countries and regions, such as the United Kingdom, are pushing for
accounting firms to separate their audit and tax practices to ensure
integrity and independence,” said Paolo Mondia, Co-Regional Managing
Director in Europe. “We have the competitive edge in the European market
where the provision of combined tax and legal services in an
independent way is the exception, and our clients have been extremely
receptive to this model.”
Andrea
De Vecchi, Co-Regional Managing Director in Europe, added, “By
providing both legal and tax services, we have been able to broaden our
regional and global footprint, enhance our service offerings, and bring
the benefits and resources of a global firm to our clients in a seamless
manner.”
Throughout
2020, member firms around the globe will adopt the Andersen brand,
while the global organization will continue adding depth in critical
markets, including Africa and the Middle East. The vision is the
development of a seamless professional services model providing
best-in-class services around the world.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200707005939/en/
Contacts
Megan Tsuei
Andersen Global
415-764-2700
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