Ryan buys Taxaccord

Ryan, a leading global tax services firm with the largest indirect and property tax practices in North America, has bought Taxaccord, a tax automation services firm supporting multinational corporations worldwide with complex tax software implementation and process improvement solutions. The acquisition adds global tax technology professionals with systems integration expertise and knowledge in supply chain, finance, tax, and information technology to Ryan’s tax technology practice.

Taxaccord founders Angela Myers, Mike Reigle, and Geoff Peck will join Ryan’s tax technology leadership team and play a significant role in the continued growth of the practice.

Ryan says the acquisition will add a number of significant Fortune 500 relationships to its portfolio of clients and will support the growing demand of its multinational clients for tax technology solutions that improve accuracy, efficiency, and profitability. Revenue generation and accelerated return on investment will be realised by providing additional access to Ryan’s integrated, single-source solution of more than 45 global tax practices for improving cash flow and minimising tax liabilities.