Dallas-based tax companies agency Ryan introduced it has acquired two product strains from Thomson Reuters. Particularly, it has purchased OneSource Property Tax and OneSource Switch Pricing.
Ryan — which already has various options targeted on property tax, unclaimed property and U.S. and Canadian direct taxes — is not going to solely be getting the software program. With the deal will come 25 new crew members who will switch to the corporate, together with greater than 600 purchasers on high of the 18,000 it already has.
Ryan chief know-how officer Tim Wagner stated in a press release that the corporate was already a heavy person of OneSource Switch Pricing and OneSource Property Tax, and so felt it made sense so as to add the merchandise to its personal line of options.
“Bringing these two product strains to Ryan is a pure slot in some ways,” stated Wagner. “We’re already a major person of OneSource Property Tax and have many consumers in frequent with the companies which are in scope for this transaction. Our long-standing dedication to consumer service, in addition to our award-winning work tradition, will guarantee a very good residence for purchasers and crew members alike.”
Ryan’s chairman and CEO, G. Brint Ryan, stated in a separate assertion that the acquisition now makes his firm the biggest of its sort in North America.
G. Brint Ryan, chairman and CEO of Ryan
Picture: Shannon Faulk
“This acquisition helps Ryan’s efforts to additional develop and deploy complete software program options as a part of our core property tax and switch pricing choices,” stated Ryan. “The appearance of those two product strains places Ryan in an excellent stronger place to supply our purchasers with an built-in suite of worldwide tax companies that mixes best-in-class software program and companies capabilities. Notably, this acquisition makes Ryan the biggest property tax software program supplier in North America. Mixed with having the biggest property tax companies crew on this planet, Ryan is well-equipped to proceed providing purchasers industry-leading outcomes that reduce our purchasers’ property tax burdens and free their capital to take a position, develop, and thrive.”