Ryan Agrees to Buy Nordic-Benelux Tax Adviser Svalner Atlas

Ryan LLC, which is backed by Neuberger and Onex Corp., has agreed to acquire European tax adviser Svalner Atlas Advisors.

“This transaction is an important milestone in Ryan’s continued European growth strategy,” the firm’s Chairman and Chief Executive Officer G. Brint Ryan said in a statement Monday, confirming an earlier Bloomberg News report.

The statement didn’t disclose financial terms, but people familiar with the matter said the deal values Svalner Atlas at more than $400 million including debt. The process was competitive, with Ryan beating out EQT AB for the asset, the people added, asking not to ...