Avalara, Inc., a Bainbridge Island, WA-based provider of cloud-based software delivering compliance solutions related to sales and excise tax, VAT, and other transactional taxes, acquired EZtax, Inc., a provider of tax compliance solutions for the telecommunications industry.
The amount of the deal was not disclosed.
Led by Tim Lopatofsky, founder and CEO, EZtax offers EZtax, which provides telecom service providers with a cloud-based automated tax solution for accurately calculating and filing taxes due on their services across the US and Canada.
Avalara delivers comprehensive, automated, cloud-based solutions designed to manage tax compliance obligations imposed by state, local, and other taxing authorities in the United States and internationally.
Investors include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures, Arthur Ventures, and other institutional and individual investors. Avalara employs more than 800 people at its headquarters and in offices across the U.S. and in London, England and Pune, India.