Avalara (AVLR) Reports Acquisition of INPOSIA
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Avalara Signs Definitive Agreement to Acquire INPOSIA
December 29, 2020 6:00 AM ESTSEATTLE--(BUSINESS WIRE)-- Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced it has entered into a definitive agreement to acquire INPOSIA Solutions GmbH, a German software company focused on e-invoicing, digital tax reporting, and business and data integration to address real-time compliance requirements for companies worldwide. Financial terms of the deal were not disclosed. The transaction is subject to satisfaction of closing conditions and is expected to close in the first half of 2021.
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