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October 21, 2022
Avalara, a provider of tax compliance automation for businesses of all sizes, announced the completion of its acquisition by Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, in partnership with institutional co-investors, for $93.50 per share in cash. With the completion of the transaction, Avalara shares have ceased trading and are no longer listed on the New York Stock Exchange. Goldman Sachs served as exclusive financial advisor to Avalara, and Simpson Thacher & Bartlett and Perkins Coie acted as legal counsel. BofA Securities served as financial advisor to Vista and Kirkland & Ellis acted as legal counsel. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Brazil, Europe, and India.