Ryan, a Texas-based tax services and software provider, has successfully completed its CAD $700 million acquisition of Altus Group Limited’s property tax services business. Altus, a Canadian-based company, is known for its focus on property tax management. The deal also includes Altus’s itamlink property tax management software.
This acquisition expands Ryan’s global capabilities by establishing a property tax presence in the United Kingdom and strengthening its reach across Canada and the United States. With approximately 1,000 Altus team members joining Ryan, the company enhances its ability to deliver comprehensive tax services.
In 2023, Altus Group’s property tax services business generated CAD $263 million in revenue, further complementing Ryan’s service offerings.
The transaction includes a three-year subscription to Altus Market Insights, providing valuable market intelligence tools to enhance Ryan’s data-driven capabilities.
Ryan’s Chairman and CEO, G. Brint Ryan said,
“The integration will prioritise continuity of service for clients while fostering growth opportunities for the expanded team.
Featured image credit: Edited from Ryan
