Strategic Investment Strengthens Ryan’s Global Client Services Footprint
Ryan, a leading global tax services and software provider, today announced a strategic investment in Dhruva Advisors, a premier India‐based tax advisory firm with deep expertise across India, the Middle East, and Asia. The partnership represents a significant and strategic advancement for Ryan to further its ability to serve clients in high-growth markets, while reinforcing its global presence and capabilities.
As part of this transaction:
- Ryan will acquire a majority stake in Dhruva Advisors, creating a joint venture with Ryan in India.
- Ryan senior leadership will join the Board of Dhruva Advisors.
- The partners of Dhruva Advisors will acquire equity in Ryan, ensuring strong alignment of interests.
- Dinesh Kanabar, Chairman and CEO of Dhruva Advisors, will become a Vice Chairman of Ryan.
“This strategic investment underscores Ryan’s commitment to serving clients in strong growth regions with evolving regulation,” said Ryan Chairman and CEO G. Brint Ryan. “By leveraging Dhruva Advisors’ hands-on, local tax experts with our integrated, end-to-end tax solutions, our teams will deliver unrivaled client success in these flourishing markets. I welcome Dinesh to our leadership team and look forward to his contribution to our global growth plans.”
Founded in 2014 by Dinesh Kanabar, Dhruva Advisors is a leading tax and regulatory advisory firm with a strong presence across 11 offices in India, the Middle East, and Singapore. Over the past decade, Dhruva Advisors has built a reputation as one of the fastest-growing and most respected tax advisory firms in India and the United Arab Emirates, serving clients in sectors ranging from aerospace, automotive, and chemicals to finance, healthcare, technology, and real estate. The firm is comprised of 38 partners and senior leaders supported by 500 team members.
“Joining Ryan is a major milestone in Dhruva’s global growth journey as this partnership extends our global reach,” said Dinesh Kanabar, Chairman and CEO of Dhruva Advisors. “My partners and I chose to partner with Ryan because we believe it provides the strongest platform for our clients and team members for continued success. I’m encouraged by the alignment of our respective leadership teams to meet the growing needs of our multinational clients and look forward to driving that growth in my new role as Vice Chairman at Ryan.”
Dhruva Advisors’ key offerings include:
- Corporate Tax, Regulatory, and Controversy Advisory: Corporate tax strategy, regulatory interpretation, audits, and tax controversy resolution.
- Merger and Acquisition (M&A) Tax Advisory: M&A tax structuring, business reorganizations, and family office planning across domestic and cross-border contexts.
- Indirect Tax, Transfer Pricing, and Trade Compliance: Goods and Services tax, value added tax (VAT), intercompany pricing, customs advisory, and cross-border trade compliance.
This move builds upon Ryan’s longstanding service delivery presence in India where the firm has maintained operations for more than two decades with a primary office in Hyderabad. Together with Dhruva Advisors, Ryan’s reach will expand across the broader Asia and Middle East region with offices in Dubai, Abu Dhabi, Riyadh, and Singapore.
