Atlanta and Dallas - PRG-Schultz International, Inc. (NASDAQ: PRGX), the world's largest audit recovery firm, and Ryan & Company, Inc. (Ryan & Company), the nation's largest independent state and local tax consulting firm, announced today that the two companies have entered into a strategic alliance designed to enhance the cost saving and recovery benefits that each company offers its clients.
Through this alliance, PRG-Schultz will combine the global strength of its leading profit improvement company with Ryan & Company's dedicated focus on state and local tax consulting. PRG-Schultz clients will continue to receive specialized recovery audit services, with the opportunity to benefit from Ryan & Company's best-of-class state and local tax consulting services, including tax recovery, audit defense, tax incentives and credits, tax technology, and strategic planning services primarily in the areas of sales and use; property; franchise, gross receipts, severance, and income taxes. Similarly, Ryan & Company's clients who do not already work with PRG-Schultz to recover overpayments will have access to PRG-Schultz's leading audit recovery services.
"With their expertise in recovering significant tax dollars for their clients, Ryan & Company is an ideal partner for PRG-Schultz," said Jim Benjamin, Executive Vice President, PRG-Schultz, U.S. Business Operations. "By combining our profit improvement capabilities with Ryan & Company's state and local tax expertise, we significantly enhance our product and service offerings and help ensure that our clients do not overpay taxes in any area of their businesses."
"We are pleased to team with PRG-Schultz, the world's leading profit improvement and recovery company," said G. Brint Ryan, Managing Principal, Ryan & Company. "PRG-Schultz shares the commitment and dedication to client service that is the foundation of Ryan & Company. We look forward to offering PRG-Schultz's profit improvement and recovery services to our clients, while supplementing these leading service offerings in the state and local tax area."
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.
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