Ryan Acquires Kane, Mckenna And Associates, Inc., Strengthening Credits And Incentives Practice
Dec 07, 2022•over 2 years ago
Acquiring Company
Ryan
Acquired Company
Associates
Description
Ryan, a leading global tax services and software provider, has announced the acquisition of Kane, McKenna and Associates, Inc. (KMA), a specialized consulting firm focused on delivering economic development solutions and providing municipal financing strategies for development projects. This strategic acquisition will further strengthen Ryan’s expertise in tax increment financing (TIF) and expand the service offerings in the Firm’s Credits and Incentives practice.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed