Ryan Acquires SR&ED ONE; Adds Significant Scientific Research and Experimental Development Expertise to Support Continued Growth of Federal Income Tax Practice.
10 Jun, 2013, 13:31 ET
TORONTO, June 10, 2013 /CNW/ - Ryan, a leading global tax services firm with the largest indirect tax practice in North America, today announced that the Firm has acquired SR&ED ONE, a full-service consulting firm specializing in Scientific Research & Experimental Development (SR&ED) tax credits. The acquisition adds a number of significant client relationships to Ryan's premier portfolio of clients, as well as a team of industry-recognized engineers and technical experts specializing in personalized and highly professional SR&ED tax credit advisory services. They bring a successful history of helping clients understand the SR&ED program, uncovering all eligible opportunities and optimizing legitimate claims within the Canadian Revenue Agency guidelines.
Acquiring SR&ED ONE represents a significant milestone in the continued development of Ryan's integrated Canadian tax services designed to provide clients a single-source solution for minimizing tax liabilities and maximizing profitability and cash flow. It also adds a new Ryan location in Vancouver, British Columbia, supporting the Firm's expansion strategy to ensure a local presence in those cities where their premier global clients operate. Danny Ladouceur, Principal and Founder of SR&ED ONE, will join the Ryan leadership team as Principal to lead the continued growth and expansion of the Firm's SR&ED service offering. He founded SR&ED ONE in 2007 and built one of the most capable SR&ED firms in the industry. Mr. Ladouceur and his team are widely recognized for their ability to identify and document qualifying projects and their outstanding record and reputation with the Canadian Revenue Agency. Mr. Ladouceur will be based in Ryan's Toronto, Ontario office.
"All of us at SR&ED ONE are honored to join Ryan. Their tax professionals are the most respected industry experts in Canada, and we look forward to providing additional value to their premier portfolio of clients," said Danny Ladouceur, Ryan Principal. "The integrated technical expertise of our firms, backed by our joint commitment to superior client service and results will provide immediate benefits for our combined clients."
"Danny Ladouceur is a dynamic thinker with extensive experience in corporate finance, SR&ED, and strategic planning," said Garry Round, Ryan Principal and President of Canadian Operations. "Danny and the entire SR&ED ONE team have worked diligently to establish a sterling reputation with the Canadian government and corporations alike, and we look forward to having them deliver their industry-leading services to our client base."
"In addition to the incredible talent of the SR&ED ONE team, their philosophy of building long-term relationships through a client-centric approach perfectly aligns with our Firm's culture," said G. Brint Ryan, Chairman and CEO of Ryan. "As this acquisition launches an exciting new phase of growth for our Canadian operations, 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 tax practice in North America and the seventh 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 1,600 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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