Dhruva Advisors and Ryan Form Strategic Joint Venture for Global Tax Services
Indian tax advisory firm Dhruva Advisors and US-based global tax services provider Ryan have formed a strategic joint venture to expand their global tax services footprint.
Under the agreement, Ryan will acquire a majority stake in Dhruva, creating a joint venture in India. Dhruva's partners will acquire equity in Ryan, while Dhruva CEO Dinesh Kanabar will become a Vice Chairman of Ryan.
Strategic Investment
The partnership strengthens Ryan's presence across India, the Middle East, and Asia, while enabling Dhruva to extend its global reach. Ryan senior leadership will join the Board of Dhruva as part of the transaction.
"This strategic investment underscores Ryan's commitment to serving clients in strong growth regions with evolving regulation," said G. Brint Ryan, Chairman and CEO of Ryan. "By leveraging Dhruva's hands-on, local tax experts with our integrated, end-to-end tax solutions, our teams will deliver unrivaled client success in these flourishing markets."
Regional Expansion
Founded in 2014, Dhruva Advisors has grown into one of the fastest-rising tax advisory firms in India and the UAE, with 38 partners and senior leaders supported by over 500 professionals across 11 offices. The firm's services span corporate tax advisory, M&A tax structuring, indirect tax, transfer pricing, and cross-border trade compliance.
"Joining Ryan is a major milestone in Dhruva's global growth journey as this partnership extends our global reach," said Dinesh Kanabar, Chairman and CEO of Dhruva.
Together, Ryan and Dhruva will expand across Asia and the Middle East with offices in Dubai, Abu Dhabi, Riyadh, and Singapore, building on Ryan's two-decade presence in India.
To find out more, visit: ryan.com and dhruvaadvisors.com