Ryan has acquired Qvalia’s VAT Compliance and Recovery Business in the Nordics. The acquisition significantly expands Ryan’s brand in the region and continues to strengthen and grow its service offerings across Europe. After the acquisition, Qvalia will continue to operate as a SaaS company.
Ryan is a leading global tax services and software provider headquartered in Dallas, US, and the largest Firm in the world dedicated exclusively to business taxes. Empowered by the dynamic myRyan work environment, Ryan’s multidisciplinary team of more than 3,100 professionals and associates serves over 18,000 clients in more than 60 countries, including many of the world’s most prominent Global 5000 companies.
Qvalia is the leading Nordic expert in financial data mining. Founded in 2007, with headquarters in Stockholm, Sweden and offices in Norway, Finland, and Denmark, Qvalia has helped the region’s largest organizations analyze accounting data, manage costs, reduce risks, and improve the entire tax process.
Baker McKenzie acted as legal advisor to Ryan in the acquisition. The firm's team consisted of Carl Svernlöv, Sofie Sternberg, Georg Jonsson, Edvard Henriksson, Margarita Kozlov, Kristina Dunbring and Jessica Sondell.