Avalara Signs Definitive Agreement to Acquire INPOSIA

▤ Summary

These requirements represent a meaningful global shift to adopt modern information management and data exchange technologies to increase efficiency, enforcement, and compliance with tax laws. Real-time compliance requirements are spreading across Latin America, Europe and Asia, where INPOSIA helps its customers send and receive legally compliant invoices in more than 60 countries. The trusted facilitation of data between these parties and across any business system is essential to success as governments move from the end of the transactional tax chain to the middle,” said Jayme Fishman, EVP of Corporate Development at Avalara. “We look forward to working with the INPOSIA team as the complexities of real-time compliance spread worldwide.” “Real-time data management is more important than ever as businesses demand more visibility and accessibility to their invoicing records. This year, Avalara expanded its enterprise and content offerings through the acquisition of TTR, expanded its platform to include a complementary compliance solution for licensing and registration requirements with the acquisition of assets from Business Licenses, and acquired Impendulo to gain a footprint in the global insurance market.

▦ Linked Companies

Avalara

$500M to $1B