DALLAS (Dec. 2, 2019) ‒ Ryan, a leading global tax services and software provider, announced the acquisition of SALT Payroll Consultants, a subsidiary of Pinpoint Recovery Solutions Corporation. SALT Payroll Consultants is a leading state and federal payroll tax recovery firm based in St. Petersburg, Florida. Since its formation in 1994, the firm has become a recognized market leader in the recovery of unidentified payroll tax refunds and savings opportunities for multinational corporations.
This acquisition adds a team of highly qualified tax specialists with proven experience reducing payroll tax liabilities and delivering hundreds of millions of dollars in payroll tax refunds for Fortune 1000 companies. The deal also adds several significant Fortune 500 relationships to Ryan’s client portfolio and expands the capabilities of the Firm’s Human Capital Tax practice.
Kevin Cappock, managing partner and chief executive officer of SALT Payroll Consultants, will join Ryan as principal and practice leader of Ryan’s Human Capital Tax practice. Mr. Cappock has more than 25 years of experience helping large corporations recover overpaid taxes resulting from complex payroll and unemployment tax laws, missed communication between payroll and accounting departments, mergers, acquisitions, corporate restructurings, and more. He will drive continued strong growth in the practice and will manage the delivery of Ryan’s suite of human capital tax services.
“Payroll tax represents a significant expense for businesses worldwide. The experienced specialists of SALT Payroll Consultants will deliver Ryan clients added value and increased tax savings through a comprehensive suite of payroll tax recovery services,” said Ryan Chairman and CEO G. Brint Ryan. “This acquisition represents another milestone in our strategic growth strategy to add and integrate additional tax talent and services that support our goal of becoming the leading global brand in tax.”
“Ryan’s reputation as a growth leader in the industry and their vision of building the leading global brand in tax made this a very attractive partnership for our firm,” said Kevin Cappock. “Our complementary human capital tax services support Ryan’s growth strategy, and we look forward to delivering higher levels of value for our newly combined group of clients.”
Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. With global headquarters in Dallas, Texas, the Firm provides an integrated suite of federal, state, local, and international tax services on a multijurisdictional basis, including tax recovery, consulting, advocacy, compliance, and technology services. Ryan is a seven-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan’s multidisciplinary team of more than 2,700 professionals and associates serves over 14,000 clients in more than 50 countries, including many of the world’s most prominent Global 5000 companies. More information about Ryan can be found at ryan.com. “Ryan” and “Firm” refer to the global organizational network and may refer to one or more of the member firms of Ryan International, each of which is a separate legal entity.