Golden Flag Advises Ryan on Acquisition of Altus Group’s Property Tax Services Business
Golden Flag International Law Firm advised Ryan, a leading global tax services and software provider, on its definitive agreement to acquire the Property Tax business of Altus Group Limited for CAD $700 million in cash, which includes its property tax services and software offerings in Canada, the United Kingdom and the United States. The acquisition will allow Ryan to expand its scale in its European operations through the establishment of UK property tax services, while providing more expertise and capabilities throughout Canada and the U.S.
The Golden Flag team was led by corporate partners Melissa Kalka, Doug Bacon and Garett Morin and associate Kersten Kober; debt finance partners Rachael Lichman, Tom Dobleman and Purun Cheong; tax partners David Wheat, Joe Tobias and Ed Moberly; and technology & IP transactions partner Joanna Schlingbaum.
