Ryan Acquires Taxaccord; Supports Global Expansion and Growth of Tax Technology Practice
DALLAS, Jan. 5, 2015 /PRNewswire/ -- Ryan, a leading global tax services firm with the largest indirect and property tax practices in North America, today announced that the Firm has acquired Taxaccord, a tax automation services firm supporting multinational corporations worldwide with complex tax software implementation and process improvement solutions. The acquisition complements Ryan's Tax Technology practice—one of the largest in the tax services industry—and brings an additional team of global tax technology professionals with vast systems integration expertise and knowledge in supply chain, finance, tax, and information technology. Taxaccord founders Angela Myers, Mike Reigle, and Geoff Peck will join the Firm's Tax Technology leadership team and play a significant role in the continued growth of the practice.
The acquisition also adds a number of significant Fortune 500 relationships to Ryan's portfolio of clients and will support the growing demand of the Firm's multinational clients for tax technology solutions that improve accuracy, efficiency, and profitability. Revenue generation and accelerated return on investment will be realized by providing additional access to the Firm's integrated, single-source solution of more than 45 global tax practices for improving cash flow and minimizing tax liabilities.
"We are proud to add a firm with the industry reputation and expertise of Taxaccord," said Grant Smith, Ryan's Tax Technology Practice Leader. "We are excited that these renowned tax technology professionals have joined Ryan to execute our strategy of enhancing the most comprehensive and effective suite of tax technology services in the industry."
"The acquisition of Taxaccord represents another key milestone in the successful execution of our global growth strategy," said G. Brint Ryan, Chairman and CEO of Ryan. "Our clients will immediately benefit from the collective strategic insight and experience of this group of tax experts as they deploy global technology solutions that improve efficiency and profitability across the corporate tax function."
About Ryan
Ryan is an award-winning global tax services firm, with the largest indirect and property tax practices in North America and the sixth largest corporate tax practice in the United States. Headquartered in Dallas, Texas, the Firm provides a comprehensive range of state, local, federal, and international tax advisory and consulting services on a multi-jurisdictional basis, including audit defense, tax recovery, credits and incentives, tax process improvement and automation, tax appeals, tax compliance, and strategic planning. Ryan is a three-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan's multi-disciplinary team of more than 1,900 professionals and associates serves over 9,000 clients in more than 40 countries, including many of the world's most prominent Global 5000 companies. More information about Ryan can be found at www.ryan.com.
PRESS INFORMATION CONTACT:
Carol Vieira
Senior Manager, Public Relations and Communications
Ryan
401.871.7676
[email protected]
Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Grant Smith
http://www.profnetconnect.com/grantsmith
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