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December 31, 2020

Avalara

Avalara has entered into a definitive agreement to acquire INPOSIA Solutions GmbH, a German software company focused on e-invoicing, digital tax reporting, and business and data integration to address real-time compliance requirements for companies worldwide. Financial terms of the deal were not disclosed. The transaction is subject to satisfaction of closing conditions and is expected to close in the first half of 2021. Avalara provides cloud-based compliance solutions for various transaction taxes. Headquartered in Seattle, Avalara has offices across the U.S. and in Brazil, Europe, and India.




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