Andersen Global expands Valuation practice into the Baltics

Months after launching its Valuation practice, Andersen Global has entered the Baltics region, with the addition of new member firms in Estonia, Latvia, and Lithuania.

Established in September last year, Andersen Global’s Valuation practice works with companies, funds, high-net-worth individuals, and family offices to provide valuations of businesses, tangible and intangible assets, and complex securities for tax, financial reporting, and transaction advisory purposes.

Since its inception, member firms have rapidly been added in multiple continents, in line with Andersen Global’s ambition to achieve a global coverage.

“Valuation is a significant area of growth for Andersen Global and Europe is one of our fastest growing regions as we expand our Valuation practice to serve our clients wherever they do business,” said Mark Vorsatz, Chairman and CEO of Andersen Global.

In Estonia, a collaboration agreement has been inked with Wizen, an independent business advisory firm that works with small and medium-sized companies to provide value assessment, mergers and acquisitions, financial due diligence, capital raising, and strategic sale preparation.

In Latvia, Eiroeksperts has been welcomed to the ranks. Eiroeksperts provides clients with a full range of valuation services, including real estate, movable property, as well as business and intangible assets.

Based in Vilnius, Alliance Valuations is a real estate, property and business valuation firm providing valuation support to companies throughout Lithuania.

“Our expansion of the Andersen Global platform across the Baltics reflects our clients’ growing needs for best-in-class, independent valuation resources wherever they do business,” said Sid Luckenbach, Managing Director of the Valuation practice. “Our valuation professionals are independent and bring deep industry experience and a shared commitment to excellence.”