Press Room

Ryan & Company Completes Acquisition of The Price Consulting Group, Inc.

Press Release Dec 31, 1999

Dallas, Texas -- Ryan & Company today announced the completion of its acquisition of The Price Consulting Group, Inc. ("PCG"). Headquartered in Austin, Texas, PCG offers a full range of utility consulting services, including predominant use utility studies, utility rate reviews and energy conservation studies. Ryan & Company acquired 100% of the outstanding stock of PCG.

PCG provides consulting services throughout the United States and is one of the nation's largest firms engaged principally in providing predominant use utility studies which are used by clients to validate exemptions from state and local government sales and use taxes. PCG's clients include many well-known Fortune 500 companies, including Advanced Micro Devices, Samsung Semiconductor, Motorola, Westinghouse Electric, General Dynamics, Anheuser-Busch, and Tyson Foods.

"The acquisition of PCG gives us a leading presence in the national utility tax consulting arena," said G. Brint Ryan, Managing Principal of Ryan & Company. "PCG has achieved long-term success in a very fragmented industry by providing superior client service. We are excited about the opportunities created by adding PCG's services to Ryan & Company's core transaction tax consulting services."

PCG, located in Austin, Texas, will eventually be consolidated with the Austin, Texas operations of Ryan & Company. Ryan & Company, headquartered in Dallas, Texas, is one of the largest independent tax consulting firms in the United States. The firm specializes in providing state & local tax services primarily in the sales & use tax, property tax, franchise tax, and state income tax areas on a multi-state basis. Ryan & Company employs over 100 professionals serving many leading Fortune 500 companies throughout the United States.

About Ryan

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 4,700 professionals and associates serves over 29,000 clients in more than 75 countries, including many of the world’s most prominent Global 5000 companies. More information about Ryan can be found at ryan.com.

MEDIA CONTACT

Melodie Elliott
Director, Content & Communications Marketing
Ryan
972.934.0022
melodie.elliott@ryan.com