Avalara Acquires Impendulo to Help Manage and Streamline Insurance Premium Tax Requirements
Summary
Led by Chris James, founder and managing director, Impendulo gives Avalara access to the global insurance compliance business, a new market that could benefit from automation technology. Impendulo helps its clients in a multi-step process from acting as the required in-country tax representative and agent, to rate calculations, filings, returns and audit support. “The expertise and leadership from Impendulo will expand our reach to new segments, and in turn we will bring technology and automation to improve their current services.” “This is an exciting and important transition for our business and clients. As a team we are greatly looking forward to maximizing this opportunity for the benefit of our customers globally,” said Chris James, founder and managing director, Impendulo. Acquiring leaders in tax compliance verticals has been core to Avalara’s mission and growth strategy since its founding.
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