Vista Equity to buy business software maker Avalara in $8.4 bn deal

Avalara has agreed to be acquired by private equity firm Vista Equity Partners in a deal that values the automation software platform at $8.4 billion including debt.
VC funding for techAvalara runs a cloud-based platform that helps companies with tax compliance.

Founded in 2004, Seattle-based Avalara has Pinterest, Zillow Group and Roku Inc among its customers.