Amidst the towering giants of the professional services sector, Andersen made waves this Wednesday, announcing the inception of their Global Valuation Practice. A move that will magnify its umbrella of tax, legal, and ancillary services, aiming to cater to a clientele seeking impeccable service quality.
Behind the Curtain: Decision to Expand
Sid Luckenbach, the top brass at Andersen overseeing the firm’s valuation endeavours in the U.S., spilled the beans to Law360 Pulse. Last year’s strategic decision to amplify their valuation muscle was triggered by the surging demand for international valuation services. Drawing an analogy to turbulent waters, Luckenbach emphasized, “Amidst the swirling undercurrents of conflicts of interest in our industry, clients are steering their ships towards providers who stand tall, offering unblemished independence.”
Andersen Global Valuation Practice : A Multifaceted Team at the Helm
Riding the crest of this new wave, Andersen’s ace team is geared up to serve a plethora of entities ranging from high-net-worth moguls and family powerhouses to the heart of the corporate world. Their expertise? Precision valuations of tangible and intangible assets, intricate securities, and businesses. Their palette of clientele spans diverse sectors – from cutting-edge tech and classic manufacturing to the burgeoning biopharmaceutical sector.
The Unique Andersen Touch
Distinguishing Andersen’s valuation practice from the rest is its profound independence; it’s unencumbered by an audit practice. Furthermore, Andersen’s synchronized services, coupled with its international footprint, empowers the firm to marshal resources effortlessly. They now stand poised to assist clients in a whopping 170 countries, weaving in critical tax and legal threads, Luckenbach highlighted.
