DALLAS--(BUSINESS WIRE)--Ryan, a leading global tax services and software provider, announced the acquisition of the Real Estate Tax Group (RETG), a market leader in property tax consulting primarily serving clients in Alabama, Florida, Louisiana, Mississippi, and Texas. Based in New Orleans, Louisiana, RETG specializes in property tax consulting and appeals, real estate valuation, and economic development incentives procurement for clients in the hotel, office, retail, and commercial real estate markets.
The strategic acquisition adds a team of highly qualified property tax professionals with more than 60 years of combined experience to Ryan’s industry-leading property tax team, which is the largest property tax practice in North America. The deal also adds significant relationships to Ryan’s client portfolio, who will benefit from Ryan’s strong property tax expertise and comprehensive corporate tax solutions.
Karl Kehoe, co-founder of RETG, will join Ryan as principal in the Property Tax practice. Mr. Kehoe has more than 30 years of experience in property tax consulting. His expertise includes ad valorem tax appeal and consulting, in addition to state and local tax incentive program procurement.
RETG co-founder John Stockmeyer will join Ryan as director in the Property Tax practice. Mr. Stockmeyer has vast experience in managing real estate assessment reviews and appeals and minimizing taxes for clients over his nearly 34-year career.
“RETG has a fantastic client base and a strong presence in the southeastern United States, which further strengthens Ryan’s market-leading North American property tax business,” said Ryan Chairman and CEO G. Brint Ryan. “This acquisition is consistent with Ryan’s strategy of acquiring firms with the most experienced talent in their market segments and is yet another milestone in Ryan’s strategic growth vision and goal of becoming the leading global brand in tax.”
“Given their unrivaled reputation in the industry, joining the Ryan team made a lot of sense from a business perspective. The RETG team will continue providing clients with expert representation in property tax matters, while also offering expanded capabilities that will add significant value to our client relationships,” said Mr. Kehoe. “Additionally, the dynamic work culture at Ryan is attractive to our team, and we are excited to work with such a knowledgeable and skilled group of tax professionals.”
Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. With global headquarters in Dallas, Texas, the Firm provides an integrated suite of federal, state, local, and international tax services on a multijurisdictional basis, including tax recovery, consulting, advocacy, compliance, and technology services. Ryan is an eight-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 multidisciplinary team of more than 2,800 professionals and associates serves over 16,000 clients in more than 50 countries, including many of the world’s most prominent Global 5000 companies. More information about Ryan can be found at ryan.com. “Ryan” and “Firm” refer to the global organizational network and may refer to one or more of the member firms of Ryan International, each of which is a separate legal entity.