Ryan, a global tax services firm with the largest indirect and property tax practices in North America, has bought Second Decimal, a tax technology firm with an integrated suite of tax calculation, certificate management, and workflow software applications that automate tax calculations and processes for improved efficiency, accuracy, and compliance. It is the Ryan's second acquisition in recent months, following its purchase of WTP Advisors in November.
Jayme Fishman, the chief executive officer of Second Decimal, will join Ryan as president of a newly created software division and will be a member of Ryan’s board of directors. He will lead a team of dedicated tax and technology experts responsible for the continued development and support of the Firm’s expanding suite of software applications.
"This acquisition will provide greater client value and results by combining innovative tax software applications backed by the firm’s strategic tax advisory and recovery services," a statement from Ryan said.