Ryan Acquires WTP Advisors in Strategic Expansion of International Tax Practice; Also Provides Additional Capabilities across Multiple Tax Practice Areas.

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Dec 08, 2014, 02:42 ET

DALLAS, Dec. 8, 2014 /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 WTP Advisors ("WTP"), one of the fastest-growing independent tax practices in the industry. This acquisition adds substantial market share and specialized international tax expertise to drive significant growth in Ryan's emerging International Tax practice. It also strengthens several existing Ryan practice areas with additional capabilities in federal tax, credits and incentives, and state and local tax. The acquisition adds a number of significant Fortune 500 relationships to Ryan's portfolio of clients and will support growing demand in the New York City and Los Angeles metropolitan areas, with offices in White Plains, New York and Long Beach, California. 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.

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.

WTP co-founders Ian Boccaccio and Michael Minihan join Ryan as Principals, supported by an experienced team of tax professionals with proven success providing outstanding value, client service, and results for multinational corporations. Ian Boccaccio will also assume the role of Ryan's International Tax Practice Leader and will lead a global team of professionals responsible for expanding the Firm's worldwide market share through a suite of international tax and transfer pricing services.

"This strategic acquisition adds substantial capabilities to our International Tax practice to meet the increasing global demand for Ryan's international tax and transfer pricing services," said G. Brint Ryan, Chairman and CEO of Ryan. "Ryan and WTP clients will benefit tremendously from the unparalleled tax knowledge and expertise of our newly combined team of tax professionals, and we look forward to delivering them the highest levels of client service, value, and results." Certain assets associated with WTP, including the WTP Exchange and Worldwide Trade Partners, LLC entities, will remain independent and are not included in the acquisition.

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.

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