Ryan has made major moves to expand its international footprint in recent years, including the acquisitions of Svalner Atlas and Dhruva Advisors. But what is driving the firm’s growth strategy, and where does it see itself in an increasingly crowded tax advisory market?
In this episode of Taxing Times with ITR, ITR Editor Tom Baker speaks with Tom Shave, president of Ryan’s Europe and Asia Pacific operations, about the rationale behind the firm’s recent dealmaking and the firm's lofty global ambitions.
The pair also discuss the intensifying battle for market share among tax-focused firms, including the rise of competitors such as Alvarez & Marsal Tax and WTS.
Finally, they consider how private equity (PE) investment is reshaping the profession. Is PE providing the capital and ambition needed to build global challengers, or does it risk changing the nature of tax advisory firms for the worse?
We hope you enjoy listening.
