Dallas tax services firm Ryan soars to $2.5 billion valuation with new investment

Coach Andy Mac · January 6, 2023

Ryan is selling a “significant minority equity interest” in the Dallas tax services firm to one of Wall Street’s most prominent investment firms, Ares Management Corp.

The undisclosed investment amount, announced Thursday, boosts Ryan’s valuation to $2.5 billion, according to a joint statement from Ryan and Onex Corp., an earlier investor in the company.

Ryan’s goal is to build a global tax brand, and it has been growing aggressively through acquisitions.

This year alone, it has closed deals for Boston-area property tax consulting firm Greystone Property Tax Advisors, British-based tax reclaim specialist Catax, property tax consulting firm Marvin F. Poer and Company, historic tax credits consulting firm MacRostie Historic Advisors and Houston-based motor fuels excise tax specialist Tax Advisory Services Group.

read more: https://www.dallasnews.com/business/local-companies/2022/05/26/dallas-tax-services-firm-ryan-soars-to-25-billion-valuation-with-new-investment/

Wag Tag · January 6, 2023

1 hour ago, Coach Andy Mac said:

Ryan is selling a “significant minority equity interest” in the Dallas tax services firm to one of Wall Street’s most prominent investment firms, Ares Management Corp.

The undisclosed investment amount, announced Thursday, boosts Ryan’s valuation to $2.5 billion, according to a joint statement from Ryan and Onex Corp., an earlier investor in the company.

Ryan’s goal is to build a global tax brand, and it has been growing aggressively through acquisitions.

This year alone, it has closed deals for Boston-area property tax consulting firm Greystone Property Tax Advisors, British-based tax reclaim specialist Catax, property tax consulting firm Marvin F. Poer and Company, historic tax credits consulting firm MacRostie Historic Advisors and Houston-based motor fuels excise tax specialist Tax Advisory Services Group.

read more: https://www.dallasnews.com/business/local-companies/2022/05/26/dallas-tax-services-firm-ryan-soars-to-25-billion-valuation-with-new-investment/