Avalara Acquires CrowdReason and Valuation Advisory Assets from CorrelationAdvisors

Vista Equity Partners Acquires Avalara

October 19, 2022

Cloud & SaaS

Vista Equity Partners completed a $93.50-per-share cash acquisition of Avalara, Inc., a cloud-based tax compliance software provider, in an all-cash buyout. The transaction takes Avalara private and will enable the company to accelerate product innovation and global expansion with Vista's software-focused operating expertise.

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 Operational Assets of DAVO Technologies

April 20, 2021

Cloud & SaaS

Avalara acquired the operational assets of DAVO Technologies LLC to expand its cloud-based sales tax compliance offerings for small businesses. DAVO's POS-integrated solution, which supports more than 4,000 small merchants, will be integrated into Avalara's broader tax compliance platform; financial terms were not disclosed.

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.

Veros Software Acquires Valligent Technologies

August 4, 2022

Financial Services

Veros Software (Veros Real Estate Solutions) has acquired Valligent Technologies, a market-leading appraisal management company, to combine Veros' data and analytics with Valligent's appraisal and broker capabilities. The acquisition expands Veros' collateral valuation product set — including virtual and alternative appraisal offerings — to better serve mortgage lenders, banks and secondary-market participants.

Assurance Software Acquires Avalution Consulting

April 28, 2020

Software

Assurance Software, a Resurgens Technology Partners-backed provider of business continuity management software and services, has acquired Avalution Consulting, a Cleveland-based business continuity consulting firm and software creator. The deal combines Assurance's software and services with Avalution's advisory capabilities (including the BCOS methodology and Catalyst software) to expand the combined organization's BCM offerings for enterprise and public-sector clients.