Avalara-Taxcient Merger Creates Outsourced Sales & Us
Addition of Advanced Exemption Certificate Management, Filing, and Professional Service Expertise Produces Unique En
Tax Service Provider
January 25, 2010 10:15 AM Eastern Time
BAINBRIDGE ISLAND, Wash.--(EON: Enhanced Online News)--Avalara (www.avalara.com), the leading provider of web-bas
automation for businesses of all sizes, announced today a merger with San Diego-based Taxcient (www.taxcient.com), the leading s
based exemption certificate management (ECM) for sales tax. The merger marks a major milestone in the companies’ common que
the sales and use tax management industry through the application of leading-edge technology and top-flight tax knowledge and exp
Taxcient (formerly vAudit™ Group, Inc.), manages hundreds of thousands of exemption certificates as well as tax filing and complia
blue chip enterprise clients. Formed around a highly influential team of former state tax auditors, technologists, and financial systems
executives, Taxcient built and deployed the most advanced ECM solution available in the market.
Avalara, a privately held company founded in 2004, has exploded into an emerging growth company with more than 7,000 client co
of thousands of system users. The merger substantially enhances Avalara’s leading product offerings by injecting advanced technolo
and customers into the company’s dynamic business model. The move further solidifies Avalara’s position as the leading sales tax s
for businesses of all sizes, from small businesses to the largest players in the e-commerce and brick-and-mortar merchant space.
In addition to the Taxcient merger, Avalara previously acquired Independent Systems and Programming, Inc. (ISPI, another sales t
industry leader) in 2008 and TrustFile, a major electronic filing firm, in 2007. Avalara is now the leading sales tax compliance provid
filing hundreds of thousands of sales tax returns and processing more than $10 billion to state and local tax authorities each year.