Ryan acquires property tax consultancy Paradigm Tax Group

Ryan, a Dallas-headquartered global tax consulting firm, has acquired Paradigm Tax Group, a Dallas-based national consulting firm specializing in property tax management.

Paradigm Tax Group (PTG) is the former national property tax practice of KPMG. The company was formed in 2004 through a management buyout by senior partners after the passage of the Sarbanes-Oxley Act raised compliance concerns at the Big Four firm (and led to the sale of various consulting units across the large accountancies).

PTG provides taxpayers with services including real and personal property tax appeals, pre-acquisition planning due diligence, complex property consulting, and business personal property tax compliance. The firm supports clients across commercial, industrial, multi-residential, and special purpose properties.

PTG is one of the largest pure-play property tax firms in the US, with more than 170 professionals across 21 offices coast-to-coast.

“Combining PTG’s specialized knowledge, national network, and innovative technology platform with our current service and software offerings benefits clients from both firms and ensures a seamless property tax management solution moving forward,” said G. Brint Ryan, chairman and CEO of Ryan. “This acquisition is consistent with Ryan’s strategy to hire and acquire the industry’s top professionals and positions us well as we continue our mission of becoming the number one global brand in tax.”

The move follows Ryan’s acquisition of US-based property tax consultancies Greystone Property Tax Advisors and Marvin F. Poer and Company (the second-largest property tax consulting firm in the country).

“Ryan is a natural fit for our team and our clients,” said Rob Foster, CEO of PTG. “The synergies between our two firms are numerous: a track record of positive results, a focus on superior client service, and a positive workplace culture for our team members to grow their careers.”

Ryan is a global provider of specialized services in tax recovery, consulting, advocacy, compliance, and technology. The firm has more than 3,500 professionals across offices in North America, Europe, and Asia-Pacific.

Ryan earlier this month bought Fundingportal, a Toronto-based software firm that matches clients with funding and grants opportunities.