In a move that expands its European reach, Plano-based tax services and software provider Ryan LLC is acquiring Svalner Atlas Advisors, a Stockholm-based independent tax and transaction advisory firm.
Svalner Atlas Advisors has more than 50 partners and 4,000 clients in offices across Scandinavia and Amsterdam. Terms of the deal were not disclosed.
“Svalner Atlas Advisors has built an exceptional reputation for delivering cross-border tax and transaction advisory services across the region,” Ryan Chairman and CEO G. Brint Ryan said in a statement announcing the deal. “Their strong local presence, international reach, and client-focused culture align closely with Ryan’s values and strategic vision.”
Ryan LLC’s global expansion
Ryan’s roots in Texas date back to 1991, when Ryan and Chris F. Collis started the CPA firm Collis & Ryan P.C. The business grew and evolved, making its first international move in 2006 with the acquisition of Toronto-based sales tax recovery firm Robert Brakel & Associates Ltd. Today, Ryan has a team of more than 7,100 professionals and associates, serving more than 74,000 clients in more than 80 countries.
Ryan opened its London office in 2008 and has grown its European operations to include offices in Belgium, Denmark, Finland, France, the Netherlands, Norway, Portugal, Sweden, and 13 offices in the U.K. Svalner Atlas Advisors’ leadership, partners, and professionals will bring additional deep regional expertise and longstanding client relationships, the company said.
“Together, this combination will further establish Ryan as the leading tax and advisory platform serving clients across Europe,” said Tom Shave, Ryan president of European and Asia-Pacific operations.
Svalner Atlas Advisors Group CEO Viktor Sandberg also expressed enthusiasm about the deal.
“Ryan shares that same commitment to delivering integrated client service through a unified global platform,” Sandberg said. “Together, we will be exceptionally well-positioned to create long-term value for both our clients and our people.”
The companies expect Ryan LLC’s acquisition of Svalner Atlas Advisors to finalize in the third quarter.
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