Ryan, a Dallas-based tax services and software provider, has acquired PTX Tech, a property tax data and software company based in Atlanta. No financial terms were disclosed. Ryan is backed by Canadian private equity firm Onex Corp.
DALLAS (March 24, 2021) – Ryan, a leading global tax services and software provider, announced the acquisition of PTX Tech (PTX), a leading property tax data and software firm based in Atlanta, Georgia. PTX offers a suite of products that provide clients with critical property tax data from thousands of taxing jurisdictions across the United States.
PTX’s expertise is in extracting, standardizing, and incorporating assessment and tax bill data into a proprietary database to make it readily available and consumable by clients. The company’s products offer clients electronic management of their property tax records, ensuring timely and accurate payment and reduced manual effort. PTX also provides county-specific tax-roll data to help clients with their benchmarking and equity comparison efforts.
“The acquisition of PTX supports Ryan’s efforts to develop and deploy integrated software and data solutions for our clients,” said Ryan Chairman and CEO G. Brint Ryan. “Incorporating PTX’s data into Ryan’s existing workflow process provides us with a distinct advantage in the market by offering our clients a streamlined solution to manage and minimize their property tax liability.”
“PTX’s cutting-edge solutions serve as a valuable asset to clients in managing and mitigating their property tax bills,” said Stephen Wicks, CEO of PTX. “Ryan and PTX share the same vision of elevating the client experience and offering valuable, time-saving technology to clients in the property tax space. Additionally, Ryan’s award-winning culture is a perfect fit for PTX, and we are excited to join the Ryan team.”
Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. The Firm provides an integrated suite of federal, provincial, and international tax services on a multijurisdictional basis, including tax recovery, consulting, advocacy, compliance, and technology services. Ryan is a nine-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 multidisciplinary team of more than 3,000 professionals and associates serves over 18,000 clients in more than 60 countries, including many of the world’s most prominent Global 5000 companies. More information about Ryan can be found at ryan.com/canada. “Ryan” and “Firm” refer to the global organizational network and may refer to one or more of the member firms of Ryan International, each of which is a separate legal entity.