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Ryan Buys Government Grant and Funding Firm Funding Portal

Texas-based Ryan, which sells tax services and software, is beefing up its government business while also making a bigger play for the Canadian market. The deal follows a similar acquisition in late 2021.

A dollar sign layered over a circuit board.
Shutterstock/Sergey Nivens
Dallas-based Ryan, which sells tax services and software, is making a play for more government business via its newly announced acquisition of The Funding Portal.

That Toronto-based company, founded in 2011, operates a digital platform designed to put together clients with government funding and incentive programs. Fundingportal’s subscription and software-as-a-service tools are used by cities, nonprofits and other organizations.

“The strength and success of the grant discovery and screening platform Fundingportal provides cannot be overstated,” said G. Brint Ryan, Ryan’s CEO and chairman, in a statement. “Fundingportal has developed a strong reputation helping companies and other organizations to identify and secure grant and government funding opportunities. This acquisition positions Ryan extremely well to ensure our clients are in a position to benefit from the diverse array of these programs in Canada and beyond.”

Ryan employs more than 3,500 people and 18,000 clients in some 60 countries, the company said.

This new deal follows the acquisition of Mentor Works, a move announced last October. That company, also based in Canada, also focuses on government grants and funding.

“Their nearly 15-year track record in securing Canadian government funding and their strong reputation in the market are assets to Ryan’s existing government grants practice,” Ryan, the CEO, said at the time about Mentor Works, according to a statement. “We are thrilled to offer our clients expanded expertise and services as we continue our growth in Canada.”