Subsequent Events

3 Months Ended

Mar. 31, 2026

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

Capital Account and Holdover Notes

After the reporting date, in April 2026, the Company pre-paid its Capital Account Notes and Holdover Note obligations in the amount of $19.4 million and made a quarterly scheduled payment of $4.2 million, see Note 9, "Long-Term Debt-Capital Account Notes" and Note 9, “Long-Term Debt-Holdover Note” for additional information.

Distributions

After the reporting date of March 31, 2026, the Company effected distributions to its pre-IPO owners in an aggregate amount of $12.8 million, related to undistributed capital and allocated income declared payable prior to the Reorganization Transactions. The Company also made a tax distribution to Aggregator in the amount of $11.2 million.

Inorganic Growth

In May 2026, the Company announced it closed the acquisition of tax firms in Ireland and New Zealand, a tax firm and a consulting firm in Nigeria, and a tax firm and a law firm in Uruguay, expanding its presence across key developed and high-growth markets as it continues to scale its global platform.

Due to the limited amount of time since the dates of the closed acquisitions, the initial accounting for the business combinations is incomplete, and therefore the Company is unable to disclose the information required by ASC 805, Business Combinations. The Company will include relevant disclosures as required in the second quarter of 2026.

In addition, Andersen signed agreements for the acquisition of a tax firm in Switzerland and a business combination in Canada, both expected to close in the third quarter of 2026, subject to the satisfaction of certain closing conditions.