Avalara completed the acquisition of Transaction Tax Resource for c. $377m.

Avalara, a provider of tax compliance automation for businesses of all sizes, completed the acquisition of Transaction Tax Resource, the tax answer company, primarily serves enterprise businesses and their internal tax teams, for c. $377m. “Avalara works every day to improve and expand our compliance content for businesses of all sizes. I have long admired the TTR team and I am excited to have them join Avalara. As our teams work to integrate and execute, we believe the exchange of expertise, information, and technologies between the two companies will improve our products, grow our business, and continue to pioneer tax technology services in our field. As more businesses move to rely on digital infrastructure, we believe our technologies will change how tax teams think about cloud-based tax automation to support their business decision-making and growth,” Scott McFarlane, Avalara Co-founder and CEO.