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October 18, 2022

Avalara

Avalara, a provider of tax compliance automation for businesses of all sizes, announced that its shareholders voted to approve the pending transaction with Vista Equity Partners at the company's Special Meeting of Shareholders. Approximately 80% of outstanding shares were represented at the meeting with 84% of those shares voting in favor of the proposed merger resulting in 66% of total outstanding shares in favor of the merger. Avalara will file the final vote results, as certified by the independent Inspector of Election, with the U.S. Securities and Exchange Commission. Under the terms of the transaction, Vista will acquire all outstanding shares of Avalara common stock for $93.50 per share in cash. The transaction is expected to close on Oct. 19, subject to the satisfaction of all closing conditions. The company will continue to operate under the Avalara name and brand. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Brazil, Europe, and India.




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