Avalara acquires alcohol compliance services provider
Avalara has acquired the operational assets of Compli, which provides compliance services, technology, and software to producers, distributors, and importers of alcoholic beverages in the United States. Avalara’s stated goal is to be a part of every transaction in the world; its acquisition of Compli gives it a foothold in the field of alcohol compliance, which touches a range of industries, and to which tax automation is a natural partner.
Terms of the deal were not disclosed.
“We support customers in many industries for which alcohol is a natural extension of their business – these would include restaurants, convenience stories, grocery stores, internet merchants, wholesalers and importers,” said Brian Austin, director of industry relations for Avalara. “And, of course, wineries, distilleries and breweries. There’s a broad range of compliance hurdles for businesses that deal with beverage alcohol. And if you drill down into the beverage alcohol space and address a niche like wineries, Compli helps wineries with aspects of compliance like wholesale laws and direct shipping laws specific only to wineries. Our acquisition of Compli’s operational assets is the faster path for us to serve the beverage alcohol space, just as we’ve done with retail, communications, fuel, and short-term lodging.”
Marshal Kushniruk, executive vice president of corporate development at Avalara, said in a statement, “Compli has exceptional IP, technology, and expertise, with a broad customer base in the beverage alcohol space, and we are fortunate to find a great team to help Avalara serve the needs of our customers and partners.”
Compli founder Rachel Dumas Rey said her company was “built to make complex compliance challenges simple on behalf of our customers, and through Avalara we can expand our ability to serve our existing customers while gaining the opportunity to extend our services to new audiences.”