Andersen, recognized as the fastest-growing independent, multidisciplinary professional services firm globally, has achieved another milestone by extending its valuation capabilities to 10 new countries across the Asia Pacific region. This move further solidifies Andersen’s position as a leader in valuation and advisory services, catering to businesses, funds, high-net-worth individuals, and family offices.
A Strategic Leap Forward
The new additions include firms from Australia, China, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. Andersen’s global valuation network now spans over 50 countries, offering specialized expertise in business, tangible and intangible asset valuation, and complex securities analysis for tax, financial reporting, and transaction advisory purposes.
“This expansion is a testament to our commitment to providing seamless, integrated solutions on a global platform,” stated Mark L. Vorsatz, Andersen’s global chairman and CEO. “The Asia Pacific region represents tremendous opportunities for growth and innovation, and these partnerships bring us closer to delivering unmatched valuation services worldwide.”
Key Collaborating Firms
Each new partner firm adds unique strengths and deep market knowledge, enhancing Andersen’s ability to address the growing complexity of valuation needs:
- Australis Asset Advisory Group (Australia): Specializes in financial reporting, strategic asset management, and insurance valuation for major businesses and government entities.
- AVISTA Group (China): Offers services in valuation advisory, risk management, ESG, corporate advisory, and property advisory.
- KJPP FAST & Partners (Indonesia): Focuses on M&A, joint ventures, taxation, and stock exchange listings with expertise in property and business valuation.
- Irhamy Valuers International (Malaysia): Known for business and intangible asset appraisals across mergers, tax compliance, financial reporting, and dispute resolution.
- Aviso Valuation & Advisory (Philippines): Provides valuation services for industries like real estate, tourism, and infrastructure.
- Lim and Young (Singapore): Specializes in valuations for financial reporting, transactions, and court proceedings.
- Forest Accounting Corporation (South Korea): Caters to sectors like technology, entertainment, and healthcare with valuation and advisory services.
- Diwan Financial Advisory Services (Taiwan): Offers solutions in M&A, tax due diligence, and valuation services.
- 15 Business Advisory (Thailand): Provides over 20 years of expertise in asset appraisal, business valuation, and real estate advisory.
- VietTin Valuation (Vietnam): Delivers asset and business valuations along with investment analysis tailored to various sectors.
A Global Perspective on Valuation Needs
Andersen’s rapid growth since its re-emergence after the collapse of Arthur Andersen highlights the firm’s strategy of leveraging market opportunities while maintaining an unwavering commitment to quality. “As valuation needs grow more complex, the addition of these groups brings further depth and breadth to our global practice,” remarked Sid Luckenbach, managing director of Andersen’s global valuation practice.
Andersen’s valuation professionals emphasize stewardship and rely on advanced market insights to provide customized, data-driven solutions.
Implications for Valuation Practitioners
For professionals in the business valuation space, this development underscores the growing demand for global valuation capabilities and expertise. Andersen’s strategy demonstrates how firms can integrate market-specific knowledge with cutting-edge methodologies to meet client needs in diverse industries and regions.
As Andersen continues to grow its presence in the valuation industry, this expansion serves as a reminder of the increasing globalization of valuation practices and the importance of adapting to evolving client requirements.
About Andersen Global
Established in 2013, Andersen Global is an international association of independent tax, legal, and valuation firms with over 18,000 professionals in 500 locations worldwide. Andersen’s rapid expansion underscores its dedication to excellence and client-centric service in professional advisory solutions.
For valuation professionals and firm leaders, Andersen’s latest move is an inspiring example of innovation and strategic growth in the valuation industry. As the market continues to evolve, practitioners can learn from Andersen’s approach to building a robust, globally integrated valuation practice.
