Ryan, LLC—a provider of tax consulting and software solutions—has revealed a substantial minority equity investment from Neuberger Berman Capital Solutions, in collaboration with funds overseen by Neuberger Berman Private Markets. This partnership positions Neuberger as a major stakeholder, working in tandem with Ryan’s current investors, including Onex Partners and Ares Private Equity Funds, to drive the company’s growth plans.
Headquartered in Plano, Texas, Ryan specializes in a comprehensive array of tax-related services, spanning federal, state, local, and international jurisdictions.
The firm offers expertise in tax recovery, advisory, advocacy, compliance, and technology tools.
With a workforce exceeding 7,100 professionals, Ryan caters to more than 74,000 clients across over 80 countries, including numerous Fortune Global 500 enterprises.
Its “myRyan” workplace culture has earned widespread acclaim for fostering creativity and efficiency in the industry.
The investment underscores a mutual dedication to enhancing Ryan’s capabilities in talent development, market penetration, and technological innovation.
Company founder, Chairman, and CEO G. Brint Ryan will retain leadership, supported by the existing executive team, ensuring continuity in day-to-day operations.
This alliance is poised to capitalize on emerging trends in tax regulations, compliance requirements, and digital advancements, positioning Ryan as a frontrunner in the field.
G. Brint Ryan highlighted the deliberate selection process, noting that the new partner shares the firm’s core principles and long-term aspirations.
He emphasized how this infusion of capital will enable broader client value delivery and international scaling.
Similarly, David Lyon, who leads Neuberger Berman Capital Solutions, praised Ryan’s blend of tax knowledge, tech integration, and client-focused service, anticipating strong gains from industry shifts toward automation and regulatory complexity.
Representatives from Onex Partners and Ares also voiced optimism. Amir Motamedi of Onex Partners commended Ryan’s dominant market position, specialized knowledge, and robust organizational ethos, welcoming Neuberger as a complementary ally.
Matt Cwiertnia from Ares reflected on the firm’s progress over recent years, affirming their ongoing commitment to Ryan’s trajectory alongside the new and existing partners.
Neuberger Berman Private Markets, with a legacy in private investments dating back to 1987, oversees more than $150 billion in commitments as of late 2025.
Its Capital Solutions arm, managing around $12 billion, focuses on tailored financing for private equity-backed entities, having backed over 90 firms across multiple funds.
Onex Partners, part of Onex Corporation, targets mid-to-large buyouts in select sectors, with investments surpassing $20 billion.
Ares Management Corporation, a global alternative asset manager, handles over $595 billion in assets, emphasizing credit, real estate, private equity, and infrastructure.
The deal is slated for completion in the initial months of 2026, pending necessary regulatory approvals and standard conditions.
Financial guidance for Ryan came from BofA Securities and J.P. Morgan Securities LLC, with legal support from Kirkland & Ellis LLP. Neuberger was advised by RBC Capital Markets, Goldman Sachs & Co. LLC, and Latham & Watkins LLP.