BlackRock completed the $500m investment in Avalara.

BlackRock, a private equity firm, completed the $500m investment in Avalara, a cloud-based platform that provides tax compliance software and automated solutions. "Avalara's mission is to be part of every transaction in the world. With support from partners like Vista, we've evolved from a single-product innovator to a trusted, comprehensive provider of tax and compliance solutions embedded in our customers' financial systems through a powerful partner ecosystem. We're proud to welcome BlackRock as an investor as we work to advance our position as a trusted provider of innovative tax and compliance software," Scott McFarlane, Avalara CEO and Co-Founder.