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Ryan, a leading global tax services and software provider, announced it has acquired Economics Partners, a global leader in transfer pricing advisory, controversy, and business valuation services. This acquisition accelerates the significant growth of Ryans International Tax practice and brings several notable multinational corporations to the Firms client portfolio.
We are experiencing a growing global demand for transfer pricing and valuation services, which is being driven by an ever-increasing scrutiny on intercompany transactions in most jurisdictions throughout the world, said G. Brint Ryan, chairman and CEO of Ryan. Our International Tax practice is in a stronger position now to provide our clients with an integrated suite of global tax services. Economics Partners expertise in transfer pricing is unequalled in the industry. Its sterling reputation is widely recognized by multinational corporations for providing expertise in navigating complex, multijurisdictional international tax issues. Our integration will deliver immediate value to our clients around the world and help drive Ryans global growth and market share.
Economics Partners is one of the most reputable and respected transfer pricing firms in the tax industry. Its team of experts is made of Ph.D. economists; specialists with advanced degrees in economics, mathematics, finance, and accounting; and former investment bankers and partners from the Big Four accounting firms. Based in Denver, Economics Partners also has offices in Salt Lake City, Utah, and Washington, D.C.
The acquisition immediately enhances Ryans International Tax practice capabilities and bolsters global growth with Economics Partners proven suite of transfer pricing services, numerous long-term international client relationships, and highly seasoned team of service delivery professionals.
Ryans reputation as the market growth leader in global tax, and the complementary transfer pricing services we add to support its strategy, made this a very attractive partnership for our firm, said Timothy Reichert, chief executive officer of Economics Partners. We are excited to join forces with Ryan and look forward to delivering higher levels of value for our newly combined group of multinational clients.
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