Dentons Link Legal (DLL) is pleased to announce that it has acted as Legal Counsel to Ryan LLC (Client) in connection with its strategic joint venture with Dhruva Advisors, marking Ryan’s entry into the Indian tax consulting market. Through this strategic joint venture, Ryan will be making a debut in the Indian tax consultancy space, marking this as one of the first acquisitions within the tax consultancy industry of India.
Ryan LLC - A privately held, PE-backed firm headquartered in Texas founded by G. Brint Ryan, is a pioneer in the industry. The client offers comprehensive suite of international tax services across multiple jurisdictions, including cost management, compliance, consulting, and technology-enabled solutions.
Dhruva Advisors – One of India’s largest tax advisory firms which is led by Dinesh Kanabar and holds a prominent presence across India, the United Arab Emirates, the Kingdom of Saudi Arabia, and Singapore. As part of this collaboration, Dinesh Kanabar will continue to serve as Chairman of Dhruva Advisors and will also join Ryan’s Advisory Board as Vice-Chairman.
Dentons Link Legal provided rounded assistance to the client for facilitating the successful closure of the transaction, including services pertaining to the structuring of the transaction, legal and tax due diligence, legal and tax advisory, as well as leading the drafting, negotiations, and review of the transaction documents.
The transaction was led by Ambuj Sonal (Partner), and included Tanvi Pande and Meghna Punjabi (Principal Associates), Sweety Dutta (Senior Associate), Saachi Jaisinghani (Associate), and Khushi Shah (Trainee Associate).
The tax aspects of the transaction were overseen by Pulkit Poddar (Partner), Jishaan Jain (Associate Partner), Shruti Desai (Manager), and Pragya Sinha (Associate).
Nusrat Hassan (Managing Partner) and Mitesh Jain (Partner) provided strategic oversight and key inputs in relation to the transaction.