M&A Deal Summary

Avalara Acquires VAT Applications

On June 16, 2015, Avalara acquired software company VAT Applications

Acquisition Highlights
  • This is Avalara’s 2nd transaction in the Software sector.
  • This is Avalara’s 1st transaction in Belgium.

M&A Deal Summary

Date 2015-06-16
Target VAT Applications
Sector Software
Buyer(s) Avalara
Deal Type Add-on Acquisition

Target

VAT Applications

Grimbergen, Belgium
VAT Applications develops software to broaden the concept and facilitate the application of VAT regulations within the European Union, regulations whose intricacies often result in errors and lost opportunities. VAT Applications was formed in 2000 and is based in Grimbergen, Belgium.

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Buyer(S) 1

Buyer

Avalara

Seattle, Washington, United States

Category Company
Founded 2004
Sector Internet Software and Services
Employees3,351
Revenue 699M USD (2021)
DESCRIPTION

Avalara provides a suite of cloud-based solutions designed to improve accuracy and efficiency by automating the processes of determining taxability, identifying applicable tax rates, determining and collecting taxes, preparing and filing returns, remitting taxes, maintaining tax records, and managing compliance documents. Avalara was formed in 2004 and is based in Seattle, Washington.


DEAL STATS #
Overall 3 of 12
Sector: Software M&A 2 of 6
Type: Add-on Acquisition M&A Deals 3 of 11
Country: Belgium M&A 1 of 1
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-03 HotSpot Tax

Centennial, Colorado, United States

HotSpot Tax, Inc. is a provider of tax compliance solutions for the vacation rental industry.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-23 Compli - Operational Assets

Portland, Oregon, United States

Compli - Operational Assets is a provider of compliance services, technology, and software to producers, distributors, and importers of alcoholic beverages.

Buy -