DAVO - Ownership and Business Overview

Information TechnologyCompany

DAVO Ownership

Who owns DAVO?

DAVO is owned by Avalara. It was acquired on April 20, 2021.

DAVO Business Overview

Where is DAVO headquartered?

DAVO is headquartered in Westbrook, Maine.

What sector is DAVO in?

DAVO is an information technology company.

When was DAVO founded?

DAVO was founded in 2011.

Information Technology M&A Summary in 2021

Out of 60 sectors in the Mergr database, information technology ranked 1 in number of deals in 2021. The largest information technology acquisition in 2021 was Cerner - which was acquired by Oracle for $28.3B.

Join Mergr to view all 1219 acquisitions of information technology companies in 2021, including 118 acquisitions by private equity firms, and 1101 by strategics.

DAVO

DAVO Technologies LLC

90 Bridge Street, Suite 300,
Westbrook, Maine 04092
United States,
(888) 659-8432
www.davosalestax.com

DAVO helps emerging small businesses automate the daily and ongoing requirements for sales tax. The company's technology automatically connects to point-of-sale (POS) systems to extract the amounts of tax owed, set sales tax funds aside daily, hold the funds, and then file and pay their sales tax for them when they are due to state and local tax authorities. It provides merchants, restaurants, and sole proprietors with an automated sales tax compliance solution that also ensures available funds for tax obligations to avoid unplanned or underfunded expenses. DAVO was formed in 2011 and is based in Westbrook, Maine.


Company Summary

SECTOR

Information Technology

Established

2011

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Maine Companies , Information Technology Companies , United States Companies , Maine Information Technology Companies , Maine Information Technology with Acquisitions , Maine Information Technology with Divestitures

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