Perkins Coie Represents Avalara in $377M Acquisition of Transaction Tax Resources

SEATTLE (October 9, 2020) – Perkins Coie is pleased to announce that it represented Avalara, Inc., a leading provider of tax compliance automation solutions, in its $377 million-in-cash acquisition of Transaction Tax Resources, Inc.

The deal extends Seattle-based Avalara's product range for businesses of all sizes and adds new enterprise capabilities across Avalara's content, product, sales, and customer support functions. The acquisition will, among other benefits and synergies, enable Avalara to build an enterprise-ready tax automation suite to complement its cloud-based compliance solutions for various transaction taxes.

The Perkins Coie deal team was led by Mergers & Acquisitions partner Nick Ferrer, and included Seattle partners, Carl Crow, Tom Cristy, Sam Jo, Dave Daggett, and Andrew Moriarty, as well as associates, David Martinez, William Gillis, Anna Joy, Minkeun Woo, Peng Lai Li, and Tomer Vandsburger.

Avalara helps businesses of all sizes meet their tax compliance. In partnership with leading ERP, accounting, e-commerce, and other financial management system providers, Avalara delivers cloud-based compliance solutions for various transaction taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Avalara has offices across the United States and around the world in Brazil, Europe, and India.