Ryan, a Dallas, TX-based tax services and software provider, acquired Indigo Consulting Group, a Hertfordshire, UK-based research and development (R&D) tax relief consulting firm.
The amount of the deal was not disclosed.
Founded by Peter Kane, Indigo helps clients in the construction industry secure tax credits, reduce their corporate tax bill, and obtain refunds related to innovative research and development projects. Following the deal, the team will remain with the firm.
Led by Peter Kane, Founder, Ryan is a tax services and software provider dedicated exclusively to business. The firm provides an integrated suite of international tax services on a multijurisdictional basis, including cost management, compliance, consulting, technology and transformation, and innovation funding. Its multidisciplinary team of more than 4,100 professionals and associates serves over 21,000 clients in more than 60 countries.
The acquisition of Indigo is the latest in a row of recent strategic acquisitions made by Ryan in the UK. Manchester, UK-based Catax was acquired by Ryan in March 2022, thus further strengthening Ryan’s R&D global market position, presenting new service offerings in the UK, and expanding the Firm’s Scientific Research and Experimental Development (SR&ED) practice in Canada. Since then, Ryan has acquired grant funding firm Granted and R&D tax relief consultancy Access2Funding to bolster its innovation funding practice in the UK.
FinSMEs
06/07/2023