Onex acquires stake in tax specialist Ryan for $317 mln
Canadian private equity firm Onex Corp has acquired a 42 percent interest in Ryan LLC, a Dallas-based tax services and software provider. Onex paid US$317 million for the stake, which values the company at US$1.1 billion. Founded in 1991 by Chairman and CEO Brint Ryan, Ryan offers a integrated suite of federal, state, local and international tax services, including tax recovery, consulting, advocacy, compliance and technology services. It serves more than 14,000 clients in over 50 countries. Last year, Onex closed its fifth flagship fund, Onex Partners V, raising US$7.15 billion.
17 October 2018•4 mins read
