Ryan expands its Transaction Tax practice with the acquisition of Avalara’s sales and use tax recovery business line, adding Fortune 500 clients and strengthening recovery and audit defense capabilities for enterprise tax teams.
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DALLAS (Sept. 14, 2023) – 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. Headquartered in Plano, Texas, the Firm combines deep tax expertise with practitioner-built technology and comprehensive consulting, compliance, and advocacy capabilities. Supported by the acclaimed myRyan work environment, more than 7,600 team members are empowered to deliver exceptional results for more than 87,000 clients in over 80 countries, including many of the world’s most prominent Global 5000 companies. Driven by a commitment to client advocacy, Ryan helps businesses pay only what they owe, freeing capital to invest, grow, and thrive. More information about Ryan can be found at ryan.com.
Melodie Elliott
Director, Content and Communications Marketing
Ryan
972.934.0022
melodie.elliott@ryan.com
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