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What does Avalara do?

Avalara, Inc. engages in the provision of cloud-based solutions. It focuses on taxability, identifying applicable tax rates, determining and collecting taxes; preparing and filing returns; remitting taxes, maintaining tax records, and managing compliance documents.

How much does Vista pay for Avalara common stock?

Under the terms of the agreement, Vista will acquire all outstanding shares of Avalara common stock for $93.50 per share in an all-cash transaction valued at $8.4 billion, inclusive of Avalara’s net debt.

What happens to Avalara shares after the transaction?

Upon completion of the transaction, Avalara’s shares will no longer trade on the New York Stock Exchange, and Avalara will become a private company. The company will continue to operate under the Avalara name and brand.

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