KE Andrews Company Profile

Background

Founded in 1978, KE Andrews is a leading state and local tax firm headquartered near Dallas, Texas. The company specializes in property tax representation, purchase price allocation, independent appraisal, due diligence reviews, sales and use tax reviews, audit defense, and severance tax reviews. With over 1,000 clients, including Fortune 100 companies and mid-sized operators, KE Andrews manages assets exceeding $205 billion. The firm operates nationwide, serving various industries such as energy services, real estate, healthcare, and manufacturing.

Key Strategic Focus

KE Andrews focuses on delivering comprehensive state and local tax services, emphasizing:

• Property Tax Services: Providing nationwide tax appeals and technical expertise throughout the property ownership lifecycle.

• Software Services: Offering innovative software solutions, including the Origo platform, to enhance operational efficiency and digital transformation.

• Sales Tax Recovery: Specializing in identifying and recovering overpaid sales taxes to maximize financial returns for businesses.

• Credits & Incentives: Assisting businesses in capitalizing on tax credits, incentives, and grants to boost project profitability.

• Valuation Services: Providing expert analysis and valuation advisory for businesses and acquisitions.

• Severance Tax Recovery: Identifying and recovering overpaid severance taxes, along with offering ongoing compliance services.

The firm leverages proprietary technologies and scientific methodologies, including machine learning algorithms, to deliver data intelligence software and machine learning opportunities to a broad set of customers.

Financials and Funding

KE Andrews is a privately held company and has not publicly disclosed detailed financial information or funding history. The firm has expanded its operations through strategic initiatives, such as the acquisition of Third Corner, a leading software company, in September 2022. This acquisition aimed to strengthen KE Andrews' analytics and data initiatives and accelerate the development of customer-facing enterprise software.

Pipeline Development

KE Andrews continues to enhance its service offerings by integrating advanced technologies and expanding its market presence. The acquisition of Third Corner and the launch of the Origo platform are key developments in the firm's pipeline, aiming to provide clients with innovative solutions in tax consulting and software services.

Technological Platform and Innovation

KE Andrews distinguishes itself through:

• Proprietary Technologies: The Origo platform, developed post-acquisition of Third Corner, aggregates clients' data, allowing a 360-degree view of their operating and accounting data.

• Scientific Methods: Utilizing machine learning algorithms and data intelligence software to enhance tax consulting services and operational efficiency.

Leadership Team

The leadership team at KE Andrews includes:

• Mark Andrews, ASA: President, overseeing the firm's strategic direction and operations.

• Kyle Fisher, ASA: Executive Vice President, responsible for day-to-day operations and client service.

• Jason Larkin: Executive Vice President, focusing on aligning leadership initiatives and strengthening client service.

• Jon Ramsey: Senior Vice President of Oil & Gas, with the firm since 1984.

• Ben Thompson: Vice President of Energy Services, with the firm since 1998.

• Myron Weidenbach: Vice President of Commercial Real Estate, leading the practice for over 30 years.

• Justin Livingston: Vice President of Oil & Gas, overseeing severance tax and sales tax practices.

• Daniel Kistler, ASA: Vice President of Energy Services, overseeing the business valuation practice since 2005.

Market Insights and Competitor Analysis

The state and local tax consulting industry is characterized by a diverse range of firms offering specialized services. KE Andrews competes with companies such as Ryan and Andersen.

• Ryan: Provides tax recovery, consulting, advocacy, compliance, and technology solutions across multiple sectors, including financial services, healthcare, manufacturing, and technology.

• Andersen: Offers audit, accounting, tax, advisory, and outsourcing services to various business sectors, including financial management, regulatory compliance, risk management, digital transformation, and wealth management.

Strategic Collaborations and Operational Insights

KE Andrews has expanded its capabilities through strategic acquisitions, such as the purchase of Third Corner, enhancing its analytics and data initiatives. The firm leverages its extensive experience, proprietary technologies, and strong industry relationships to maintain a competitive position in the state and local tax consulting market. Its focus on innovation and client service differentiates it from competitors.

Strategic Opportunities and Future Directions

KE Andrews aims to leverage its technological advancements and industry expertise to expand its market presence, particularly in the Southeastern United States, as evidenced by the opening of its Atlanta office in May 2023.