December 31, 1999
FOR IMMEDIATE RELEASE
Ryan & Company Completes Acquisition of The Price Consulting Group, Inc.
Dallas, Texas -- Ryan & Company today announced the
completion of its acquisition of The Price Consulting Group, Inc. ("PCG").
Headquartered in Austin, Texas, PCG offers a full range of utility consulting
services, including predominant use utility studies, utility rate reviews
and energy conservation studies. Ryan & Company acquired 100% of
the outstanding stock of PCG.
PCG provides consulting services throughout the United States and
is one of the nation's largest firms engaged principally in providing
predominant use utility studies which are used by clients to validate
exemptions from state and local government sales and use taxes. PCG's
clients include many well-known Fortune 500 companies, including Advanced
Micro Devices, Samsung Semiconductor, Motorola, Westinghouse Electric,
General Dynamics, Anheuser-Busch, and Tyson Foods.
"The acquisition of PCG gives us a leading presence in the
national utility tax consulting arena," said G. Brint Ryan, Managing
Principal of Ryan & Company. "PCG has achieved long-term success
in a very fragmented industry by providing superior client service.
We are excited about the opportunities created by adding PCG's services
to Ryan & Company's core transaction tax consulting services."
PCG, located in Austin, Texas, will eventually be consolidated with
the Austin, Texas operations of Ryan & Company. Ryan & Company,
headquartered in Dallas, Texas, is one of the largest independent tax
consulting firms in the United States. The firm specializes in providing
state & local tax services primarily in the sales & use tax,
property tax, franchise tax, and state income tax areas on a multi-state
basis. Ryan & Company employs over 100 professionals serving many
leading Fortune 500 companies throughout the United States.
PRESS INFORMATION CONTACT:
G. Brint Ryan
Ryan & Company
972.934.0022
email: brint.ryan@ryanco.com
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