Toronto’s AEC Property Tax acquired by Ryan LLC

By gor goz

Toronto-based tax consulting firm AEC Property Tax Inc. has been acquired by US tax services company Ryan.

The acquisition involves the company, which is Canada’s largest privately owned property tax consulting firm, and its subsidiaries. The CEO, President and over 70 executives from AEC will join Ryan.

“Becoming a part of Ryan brings many benefits to our clients and employees,” said AEC CEO Gary Newell. “The Firm’s strong values and deep expertise have continuously delivered positive outcomes for their clients. This is an exciting time in our history. We are proud to join forces with the largest Firm in the world dedicated exclusively to business taxes and are excited to be able to provide a full suite of integrated services globally to our clients throughout Canada and beyond.”

SEE ALSO:

Ryan said that the move would allow it to expand its market position, portfolio and service capabilities in the country.

Ryan’s President of Canadian Operations Garry Round said: “As the largest Property Tax practice in North America, we are enhancing our existing capabilities and Firm talent across all major markets in Canada. This acquisition positions our two companies to become a single resource to multinational clients with challenges in other areas of taxation, regardless of the jurisdiction.”

“Ryan has operated in Canada for decades with a strong record of steady growth,” said Ryan Chairman and CEO G. Brint Ryan. “AEC’s expertise in Canadian property tax and reputation for delivering stellar client service are firmly established in the industry. With this acquisition, we are building on our successful track record of acquiring and integrating companies with shared purpose and complementary capabilities to increase the value and innovative solutions we bring to our clients worldwide.”

Share

Featured Articles

PwC's Kathryn Kaminsky – the role of boards on social issues

As Vice Chair Trust Solutions Co-Leader at PwC, Kathryn Kaminsky says boards play an important role in helping businesses take action on social issues

Why your business needs a Chief Transformation Officer

Responsible for driving growth and change, the Chief Transformation Officer is the latest addition to the C-suite as business undergoes major change

12 top AI and ML trends for the enterprise in 2023 – Dataiku

With 2023 likely to be a huge year for AI, experts from AI platform provider Dataiku deliver their enterprise AI and ML trends for the year ahead

From NYC to Hong Kong, the rise of the private members' club

Leadership & Strategy

Meet the CEO: Jill Stelfox of Panzura, exclusive interview

Leadership & Strategy

The best Michelin-starred restaurants that are meat-free

Sustainability