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Leading Independent Proxy Advisory Firm ISS Recommends Avalara Shareholders Vote “FOR” the Transaction with Vista Equity Partners

Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced that leading independent proxy advisory firm Institutional Shareholder Services (“ISS”) has recommended that shareholders vote “FOR” the pending transaction with Vista Equity Partners (“Vista”) at the Company’s upcoming Special Meeting of Shareholders (the “Special Meeting”) scheduled for October 14, 2022

By AP News
Published - Sep 30, 2022, 02:54 PM ET
Last Updated - Apr 15, 2024, 10:29 AM EDT

SEATTLE--(BUSINESS WIRE)--Sep 30, 2022--

Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced that leading independent proxy advisory firm Institutional Shareholder Services (“ISS”) has recommended that shareholders vote “FOR” the pending transaction with Vista Equity Partners (“Vista”) at the Company’s upcoming Special Meeting of Shareholders (the “Special Meeting”) scheduled for October 14, 2022.

In its September 30, 2022, report, ISS noted 1:

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