Avalara, the Bainbridge Island-based maker of tax automation software, has acquired EZtax in a deal of undisclosed size. EZtax specializes in cloud-based tax compliance services for the telecommunications industry.
It marks the latest acquisition for Avalara, which has completed a string of deals in the past 12 months. In fact, the total deal count now stands at 17.
“As the telecom industry rapidly adopts more data-centric services such as VoIP, broadband and wireless, tax agencies are actively considering legislation that could impose additional tax liabilities on an already highly taxed and complex industry,” said Scott McFarlane, founder and CEO of Avalara. “EZtax eliminates these complexities and advances our strategy of helping customers in every industry to simplify and automate tax compliance in cloud-based solutions.”
Avalara now employs more than 800 people. The company raised $42 million earlier this year, following a $100 million round last year from Warburg Pincus. At the time of that round, Avalara said it planned to increase its acquisition efforts.