Kirkland & Ellis is advising Vista Equity Partners on its agreement to buy tax compliance software provider Avalara, Inc. in all-cash deal valued at $8.4 billion, including debt.
Simpson Thacher & Bartlett and Perkins Coie are advising Avalara on the transaction, which calls for shareholders of the Seattle-headquartered company to get $93.50 per share. The offering price is a premium of 27% over the company’s closing share price as of July 6, the last trading day prior to media reports of a potential transaction, according to a statement.
Upon the transaction’s expected close in the second half of 2022, Avalara’s ...
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