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April 23, 2021
Avalara, a provider of tax compliance automation for businesses of all sizes, announced it has acquired the operational assets of Davo Technologies, a company that helps emerging small businesses automate the daily and ongoing requirements for sales tax. Davo provides merchants, restaurants, and sole proprietors with an automated sales tax compliance solution that also ensures available funds for tax obligations to avoid unplanned or underfunded expenses. Financial terms of the deal were not disclosed. Davo supports more than 4,000 small businesses in the United States. Integrated within point of sale systems such as Clover, Square, and more, Davo extends Avalara's strategy of integrated sales tax compliance processes to alleviate the burden of compliance as small businesses focus on their core operations and customer service. Headquartered in Seattle, Avalara has offices across the United States and around the world in Brazil, Europe and India.