Avalara Acquires Operational Assets of DAVO Technologies

Vista Equity Partners Acquires Avalara

October 19, 2022

Cloud & SaaS

Avalara, a tax compliance automation provider, announced the completion of its acquisition by Vista Equity Partners for $93.50 per share in cash, with institutional co-investors. Following completion, Avalara shares ceased trading and the company became private.

Avalara Acquires Track1099

October 1, 2021

Cloud & SaaS

Avalara (NYSE: AVLR) has acquired Track1099 LLC, a provider of online 1099, W-2 and other IRS form e-filing and delivery software, adding Track1099's technology, content and team to Avalara's compliance platform. Financial terms were not disclosed; Track1099 supported more than 40,000 customers in tax year 2020. The deal expands Avalara’s compliance document management capabilities ahead of changing federal/state e-filing requirements.

Avalara Acquires Transaction Tax Resources (TTR)

October 5, 2020

Cloud & SaaS

Avalara, Inc. (NYSE: AVLR) acquired Transaction Tax Resources, Inc. (TTR) for approximately $377 million in cash, strengthening Avalara's enterprise tax capabilities and content database. The deal brings TTR's tax research, rates database, and exemption certificate management solutions into Avalara's cloud tax automation platform and adds roughly 1,400 customers primarily in enterprise verticals.

Avalara Acquires CrowdReason and Valuation Advisory Assets from CorrelationAdvisors

October 18, 2021

Cloud & SaaS

Avalara (NYSE: AVLR) has acquired the assets of CrowdReason LLC, a developer of SaaS-based property tax compliance applications, along with a related property valuation and advisory business from CorrelationAdvisors LLC. The asset purchases add property-tax-focused software, a large assessor-content database, and valuation/advisory capabilities to Avalara’s tax compliance platform; financial terms were not disclosed.

Avalara Acquires Versori

March 5, 2026

Cloud & SaaS

Avalara, the agentic tax and compliance company, announced it has acquired Versori, a next-generation integration platform that uses agentic AI workflows for automated connector development. The deal is intended to help Avalara scale enterprise integrations across thousands of systems to support real-time, always-on, audit-ready compliance worldwide.

Sovos Acquires Accordance

July 7, 2020

Accounting & Tax

Sovos, a global tax software provider, has acquired Accordance, a U.K.-based VAT managed services firm headquartered in Brighton with an office in Amsterdam. The acquisition expands Sovos' managed-services capabilities and European operations to help customers navigate changing VAT rules and e-commerce VAT reforms.