19 JAN 2024 / M&A UPDATES

Andersen Adds New San Diego Office

- MYCPE ONE Insights Team

Summary

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Global tax and consulting firm Andersen has announced the opening of a new office in San Diego, California as part of an expansion strategy that includes integrating tax compliance and planning professionals from Reibman. The move is aimed at broadening Andersen's footprint in Southern California, enhancing service development, expanding the firm's market reach, and driving innovation to better serve clients in the affluent areas.

Strategic Expansion to Enhance Client Services

Andersen, a leading global tax and consulting firm, has announced the opening of a new office in San Diego, California. This expansion is part of the firm's strategic initiative to broaden its footprint in Southern California and provide enhanced services to clients in the region.

Background and Rationale for the Expansion

The establishment of the San Diego office follows the integration of professionals from Reibman, a tax compliance and planning firm, into Andersen. This move aligns with Andersen's growth strategy, which includes recent expansions into Orange County, California, Pittsburgh, and Des Moines, Iowa, as well as the launch of a global valuation practice in over 20 countries.

Objectives Behind the Expansion

The primary goals of this expansion include:

Enhancing Service Development: By integrating Reibman's expertise, Andersen aims to offer comprehensive tax assistance and a variety of multi-disciplinary professional services to clients in Southern California.
Expanding Market Reach: The new office positions Andersen to better serve the second-largest population in California, particularly in affluent areas such as Del Mar, La Jolla, and Rancho Santa Fe.
Driving Innovation: The expansion reflects Andersen's commitment to creating a unique global platform for businesses and private wealth clients, delivering high-quality services seamlessly.

Profiles of the Firms Involved

Andersen: A global tax and consulting firm headquartered in San Francisco, California, Andersen offers a range of services, including tax compliance, financial planning, and consulting, with a focus on delivering high-quality, client-centric solutions.
Reibman: A tax compliance and planning firm whose professionals have joined Andersen, bringing specialized knowledge and experience to enhance the firm's service offerings in Southern California.

Impact on the Industry

The opening of the San Diego office is expected to strengthen Andersen's position in the Southern California market, providing clients with access to a broader range of services and expertise. This expansion underscores the firm's commitment to growth and client service excellence.

Key Highlights of the Announcement

New Office: Andersen has opened a new office in San Diego, California, expanding its presence in Southern California.
Integration: The firm has integrated professionals from Reibman, enhancing its tax compliance and planning services.
Growth Strategy: This expansion is part of Andersen's broader growth strategy, which includes recent expansions into other U.S. markets and the launch of a global valuation practice.

Looking Ahead: A Vision for the Future

With the addition of the San Diego office, Andersen aims to continue its growth trajectory by offering enhanced, comprehensive services to clients in Southern California. The firm is committed to leveraging this expansion to drive innovation and provide greater value to its clients in an increasingly complex business environment.

Until next time…

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Andersen Adds New San Diego Office

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