Andersen in Italy officially welcomes the partners and team of Studio Palea as of January 1, 2022. With the addition of the Turin-based firm, comprised of more than 90 professionals,  Andersen in Italy now has a staff of more than 260 professionals and is present in Milan, Rome, Turin, Venice and Brescia. The firm also has operational offices in Monza, Mestre and Verona.

Studio Palea, founded in 1962 by Roberto Palea and operating as an associated firm since 1981, is recognized as one of the leaders in Piedmont. The firm specializes in tax, corporate consulting and M&A, and assists Italian and international companies, investment funds and institutions, individual clients and leading entrepreneurial families.

In December 2021, Andersen Global approved the merger of Andersen in Italy and Studio Palea, strengthening the growth and development of the Italian member firm.

“We have a long-standing, working relationship with this firm. My father, Lino De Vecchi, and Roberto Palea worked together in the early 2000s, and over the last several decades both firms have worked on various transactions together,” said Andrea De Vecchi, Co-Regional Managing Director in Europe and Andersen in Italy Managing Partner. “Aggregations of this kind always generate great chemistry because they offer new and challenging opportunities to our professionals, and strengthen our ability to provide clients with best-in-class, seamless service. The partners of Andersen and I are thrilled with this transaction. Studio Palea is one of the best firms and provides us with a stronger presence in the Italian market.”

Ivan Gasco, Managing Partner of Studio Palea added, “There is great synergy between all of us. This is a milestone for us as we are now part a national firm and global organization, which allows us to provide high-quality, integrated professional services to clients locally and globally. We are proud to become part of the Andersen family and work with the member and collaborating firms of Andersen Global.”

Andersen is the Italian member firm of Andersen Global, 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 9,000 professionals worldwide and a presence in over 325 locations through its member firms and collaborating firms.