Avalara, Inc. (NYSE: AVLR), a Seattle, WA-based provider of tax compliance automation for businesses of all sizes, is 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.
Led by Muzaffer Havcarci, CEO, Inposia provides e-invoicing, digital tax reporting, and business and data integration solutions to address real-time compliance requirements for companies worldwide. Inopsia offers technology to integrate business processes and data directly with other B2B partners, directly with governments, and across the multiple digital business systems used by operations and finance teams. The company currently serves customers across Latin America, Europe and Asia to send and receive legally compliant invoices in more than 60 countries.