DALLAS--(BUSINESS WIRE)--Ryan, a leading global tax services and software provider, has announced the acquisition of the sales and use tax recovery services and audit defense business line from Avalara, a leading provider of tax compliance automation software for businesses of all sizes. Financial terms of the deal were not disclosed.
The newly acquired sales and use tax recovery and audit defense business line primarily serves enterprise businesses and their internal tax teams. The acquisition includes a client roster of premier Fortune 500 companies that will benefit from Ryan’s enhanced capabilities in securing tax savings and refunds across all industry types and jurisdictions.
As part of the transaction, a seasoned tax services team from Avalara will join Ryan’s award-winning workplace culture and will continue to serve existing and new clients in Ryan’s Transaction Tax practice.
“We are excited to welcome our new team members and clients from Avalara’s tax recovery business to Ryan,” said Ryan Chairman and CEO G. Brint Ryan. “We look forward to working closely with the transitioning clients to understand their needs and expand their tax-saving strategies through Ryan’s full suite of tax services and automation solutions.”
This acquisition follows additional strategic acquisitions made by Ryan this year, including MJI Consulting Group, a property tax advisory group; Indigo Consulting Group, a leading research and development tax relief firm; and RETC Group, a property tax consulting firm. Together, these acquisitions further strengthen Ryan’s service offerings and reinforce the value offered to clients around the globe.
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 11-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 4,100 professionals and associates serves over 21,000 clients in more than 60 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.