Andersen Global Strengthens Presence in Nigeria with The New Practice

12 Dec 2019

Andersen Global entered into a Collaboration Agreement with Lagos-based law firm, The New Practice (TNP), increasing the global organization's footprint in Africa and strengthening its presence in Nigeria.

Founded in 2007, TNP's practice includes Office Managing Partner Baba Alokolaro and more than 20 legal professionals. The firm provides a large range of commercially oriented legal services in a number of disciplines including capital markets, commercial dispute resolution, corporate finance, infrastructure, construction, real estate, energy and natural resources, corporate, commercial, mergers and acquisitions, private equity, Fin Tech, technology, e-commerce and business advisory.

"We are driven by the firm belief in doing things better and exploring new ways to deliver results and solutions to our clients, which is why we feel so strongly about our collaboration with Andersen Global," Baba said. "This is an opportunity for us to strengthen our service offerings and expand our global platform in a seamless manner that aligns with our firm's values."

Mark Vorsatz, Andersen Global Chairman and Andersen CEO, added, "This is another strategic group that is relevant to our strategy in Africa and rounds out our platform in Nigeria. Baba and his team demonstrate our organization's values of stewardship and transparency as well as a commitment to providing their clients with the best-in-class services. The TNP team has a close working relationship with our Andersen Tax team in Nigeria, which is instrumental as we continue our expansion in Africa."

Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 5,000 professionals worldwide and a presence in over 166 locations through its member firms and collaborating firms.

« Back to Member News

According to our new report, West Africa secured 24% of Africa’s total reported PE deal volume between 2014-2019 an… https://t.co/DZgTaFWylY

Communications Services, Utilities and Energy were reported to be the largest sectors contributing to Africa’s tota… https://t.co/0emVQxNvjK

Africa’s rising middle class remains a key driver in the growth of African PE as Consumer Discretionary, Financials… https://t.co/TE6h3HKN7z

1 day until the 1st episode of our ‘Uniting Against the Impacts of COVID-19’ webinar series. Join us tomorrow at 2p… https://t.co/BNTGAUlhk9

The number of reported African PE deals, according to our latest report, rose to 198 in 2019, while the reported de… https://t.co/FmRM9CJKcx

;