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Ryan Acquires Leading Research And Development Consulting Firm, Indigo Consulting Group

Jul 06, 2023over 2 years ago

Acquiring Company

Ryan

Acquired Company

Development

DallasManchesterFinancial ServicesSoftware

Description

Ryan, a leading global tax services and software provider, announced today that it has acquired leading research and development (R&D) tax relief consulting firm, Indigo Consulting Group Ltd (Indigo).

Company Information

Company

Ryan

Location

Dallas, Texas, United States

About

Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. The Firm provides an integrated suite of international tax services on a multijurisdictional basis, including cost management, compliance, consulting, technology and transformation, and innovation funding. Ryan is an 11-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognised as the most innovative in the tax services industry, Ryan’s multidisciplinary team of more than 5,900 professionals and associates serves over 77,000 clients in more than 80 countries, including many of the world’s most prominent Global 5000 companies.

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M&A Insights

Based on deal data
Integration 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