Ryan Acquires Unclaimed Property Compliance Business from StoneRiver; Includes Industry-Leading TRACKER® Unclaimed Property Software
DALLAS, June 4, 2014 /PRNewswire/ -- Ryan, a leading global tax services firm with the largest indirect and property tax practices in North America, today announced that it has acquired the Unclaimed Property Compliance business from StoneRiver, which includes the industry-leading TRACKER® Unclaimed Property Software application. This acquisition more than quadruples the current number of Ryan Abandoned and Unclaimed Property practice client relationships by adding a substantial number of TRACKER® Unclaimed Property Software end users. It also supports the Firm's continued geographic expansion with a new office in Cedar Rapids, Iowa, staffed with a team of professionals that will continue to support the TRACKER® application and client services that will be transitioned to Ryan. This acquisition is a significant milestone in the continued growth of Ryan's Abandoned and Unclaimed Property practice, which is now the largest practice of its kind in the United States.
"We are excited to support and further develop the TRACKER® Unclaimed Property Software application, which is central to solving complex unclaimed property compliance challenges," said Mark A. Paolillo, Ryan Principal and Abandoned and Unclaimed Property Practice Leader. "The TRACKER® product and the team of employees that support it have a strong reputation for improving the efficiency and effectiveness of unclaimed property compliance, and will play an important role in our ability to offer a more comprehensive suite of value-added services for our Abandoned and Unclaimed Property clients."
"This acquisition provides an industry-leading compliance software application and creates the most comprehensive, integrated Abandoned and Unclaimed Property offering in the industry today," said G. Brint Ryan, Chairman and CEO of Ryan. "As we continue to execute our aggressive growth strategy, all of us remain committed to providing our clients world-class service and superior results."
Ryan is an award-winning global tax services firm, with the largest indirect and property tax practices in North America and the sixth largest corporate tax practice in the United States. Headquartered in Dallas, Texas, the Firm provides a comprehensive range of state, local, federal, and international tax advisory and consulting services on a multi-jurisdictional basis, including audit defense, tax recovery, credits and incentives, tax process improvement and automation, tax appeals, tax compliance, and strategic planning. Ryan is a three-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 recognized as the most innovative in the tax services industry, Ryan's multi-disciplinary team of more than 1,800 professionals and associates serves over 9,000 clients in 40 countries, including many of the world's most prominent Global 5000 companies. More information about Ryan can be found at www.ryan.com.
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