Ryan, a leading global tax services and software provider, announced the acquisition of TCF Services (TCF), a leading Research and Development (R&D) tax incentive and government grants consulting firm in Australia. The acquisition expands Ryan’s international market position and service offering in Australia for companies engaged in R&D activities and adds significant relationships to Ryan’s client portfolio, who will benefit from Ryan’s comprehensive suite of global tax solutions.
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“TCF’s unique, market-leading R&D tax credits practice greatly benefits our clients doing business in Australia”
With offices located in Sydney and Melbourne, TCF offers a suite of services focused on the delivery of benefits under the R&D Tax Incentive and other state and federal government grant programs. This strategic transaction adds a team of highly qualified tax professionals to Ryan’s Asia-Pacific team.
“TCF’s unique, market-leading R&D tax credits practice greatly benefits our clients doing business in Australia,” said Jon C. Sweet, Ryan’s President of European and Asia-Pacific Operations. “We share a common goal of maximising value for our clients and improving the efficiency and effectiveness of their tax function. The addition of the TCF team builds on Ryan’s plans to expand its R&D tax credit capabilities globally and further establishes the Firm as the global leader in tax.”
“The TCF team is excited to join Ryan and bring our R&D tax credit services to their portfolio of clients in Australia,” said Gerry Frittmann, Managing Director of TCF. “Ryan’s exceptional reputation for client service and results is well known throughout the industry. Our team is also drawn to the dynamic culture Ryan offers and the ability to provide a more diverse offering of tax solutions to our clients. We are thrilled to join such a talented group of professionals.”
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