Wiltshire boutique property tax specialist LHL Property Auditors has been sold to the world’s largest firm dedicated exclusively to business taxes based in Dallas, US.
Founded in 2014 and based in Chippenham, LHL uses a state-of-the-art software solution to efficiently identify business rates anomalies and secure financial refunds for clients across the UK.
With expertise in business rates legislation and local authority processes, the company serves as a trusted adviser across the industrial, retail and office sectors.
LHL’s 25 team members will join Dallas-based Ryan LLC, a leading global tax services and software provider. The acquisition further expands Ryan’s UK footprint with a new office in Chippenham.
“Joining a global firm that is well aligned to our strategic goal of identifying opportunities to recover taxpayer overpayments will be hugely beneficial to our clients,” said Paul Hegarty, founder of LHL, who is joining Ryan as a director.
“Merging our expertise will empower further success thanks to the winning blend of customised services and unmatched technology that fuels results.”
Ryan’s multidisciplinary team comprises nearly 6,000 professionals and associates serving more than 77,000 clients in over 80 countries, including many of the world’s most prominent Global 5000 companies.
“As deeply qualified experts in business rates legislation and compliance, LHL offers our property tax clients immense value in identifying greater opportunities to leverage available tax relief,” said Tom Shave, Ryan’s president of European and Asia-Pacific operations.
“This acquisition aligns with our firm’s mission to ensure taxpayers pay only what they owe by identifying compliant, customised solutions, and we look forward to bolstering our consulting offering to our UK clients.”
The deal handled by KBS Corporate, led by director Tom Eatough.