History
2005
Ryan & Company continues its expansion through two
important strategic alliances. Both announced in January,
Ryan & Company becomes strategic partners with Robert
Brakel & Associates, the leading Canadian tax consulting
firm and PRG-Schultz International, the global leader in
recovery auditing services.
In January, Ryan & Company officially opens the Pittsburgh,
Pennsylvania, office with five professionals located in PPG Place.
The office is the hub of Ryan & Company’s expanded Credits
and Incentives Practice.
In March, the Firm’s 18
th office opens in Tampa,
Florida.
Spring 2005 marks the expansion of Ryan & Company’s
Dispute Resolution Practice. Ryan &
Company now employs over 40 attorneys throughout the Firm.
In May, the Firm admits Julie McIntyre Chronis as the
23
rd Principal of Ryan & Company.
Also in May, Ryan & Company purchases the largest tax
claim in its history, an almost $10 million sales tax refund
claim, from a company in receivership. The transaction marks
the maturing of Ryan & Company’s tax claims purchasing
operations, a unique business that assists clients with rapid
liquidation of their tax claims.
Ryan & Company becomes the second largest firm by
membership in the Institute of Professionals in
Taxation (IPT), with over 150 IPT members.
In June, Ryan & Company closed a record $50 million credit
facility with Bank of America, N.A.
In June, Ryan & Company marks its largest recruiting
class, including 86 new employees assigned to various practices
across the United States. As a result, the Firm broke through the
400 employee level and grew employment to 434 employees.
In June, the Ryan & Company logo adorns Dallas’ Galleria
Tower Three, visible from the Dallas North Tollway and LBJ
Freeway.
The Firm’s headquarters now occupies four floors in Galleria
Tower Three comprising over 74,340 square feet, making it the
second largest tenant in the Galleria complex.
In July, Ryan & Company hires Blake Holman as Vice President, Facilities and
Information Technology, and Chief Information
Officer to provide strategic information technology leadership to enhance the
competitive position of the Firm and improve client satisfaction through state-of-the-art
technology solutions.
In October, the Firm admits Michael Henry as the 24
th
Principal of Ryan & Company. Michael Henry was formerly
Executive Vice President, Property Tax Appeal Services, for
Burr Wolff.
In November, the Firm admits 25
th Principal Nicholas Longo
and 26
th Principal Lester C. Rhodes.
Fall 2005 sets a Firm record for community support by the Firm and its employees.
The Firm establishes the Hurricane Katrina Relief Fund, raising over $155,000 for
victims of the disaster and was awarded the United Way's "Best New Business Campaign"
for 2005, raising $71,794 for the United Way.
In December, Ryan & Company admits Douglas J. DeRito as the Firm's 27th Principal.
Doug was formerly Executive Director at DuCharme, McMillen & Associates, Inc. and
Partner in the state and local tax practice of Arthur Andersen.
The Firm ends 2005 with 425 employees and revenue exceeding $100 million. The Firm
is now over three times larger than its nearest independent competitor.