AVALARA BUYS TAX TECHNOLOGY SERVICES
Sales tax vendor Avalara has acquired Tax Technology Services which makes cloud-hosted sales tax exemption certificate management systems. Founded in 2002 by owner Silvia Aguirre, TTS, based in the Raleigh-Durham area of North Carolina, developed CertCapture, which acquires, maintains, and retains exemption and resale certificates, use tax certificates, W-9s, and excise tax documents.
CertCapture integrates with most financial software packages, tax decision software or custom-developed systems. Avalara said the CertCapture technology and customer base would augment the company’s offerings in this area. This deal comes on the heels of Avalara’s January purchase of UPC MatrixMaster, a product taxability database.
