Ryan Acquires The Property Tax And Transfer Pricing Product Lines Of Thomson Reuters, Expanding Software Solutions And Services
Sep 19, 2022•about 3 years ago
Acquiring Company
Ryan
Acquired Company
Thomson Reuters
Description
Ryan, a leading global tax services and software provider, has announced the acquisition of two product lines from Thomson Reuters, OneSource Property Tax and OneSource Transfer Pricing. This acquisition further expands Ryan’s portfolio of property tax and transfer pricing offerings and brings many notable corporations to the Firm’s client roster.
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