Key facts
- Ryan LLC has agreed to acquire Svalner Atlas Advisors.
- The transaction is valued at approximately $400 million.
- Svalner Atlas Advisors was expected to attract bids from private equity firms.
- Ryan LLC is backed by Neuberger and Onex Corp.
This acquisition marks a significant move by Ryan LLC to bolster its European operations and compete more directly with the 'Big Four' accounting firms in the tax advisory space. The integration of Svalner Atlas is expected to enhance Ryan's capabilities in the Nordic region.