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AVLR News

US IPO Weekly Recap: 6 IPOs, an acquisition and a postponement

ADIN

Led by Avalara, which traded up 87% its first day, the week saw six companies raise a total of $1.3 billion. Also this week, Adaptive Insights was acquired two days before its expected IPO. As of market close today, US IPOs from the last 90 days have an average...read more

Sales tax software provider Avalara prices IPO at $24, above the revised range

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Avalara, a cloud-based sales tax and compliance solutions provider, raised $180 million by offering 7.5 million shares at $24, above the revised range of $21 to $23. Avalara plans to list on the NYSE under the symbol AVLR. Goldman Sachs, J.P. Morgan and BofA...read more

Automated tax software company Avalara increases proposed IPO deal size

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Avalara, a cloud-based sales tax and compliance solutions provider, raised the proposed deal size for its upcoming IPO on Wednesday. The Seattle, WA-based company now plans to raise $165 million by offering 7.5 million shares at a price range of $21 to $23....read more

US IPO Week Ahead: Adaptive Insights and Avalara lead a 7-IPO week

ADIN

The second week of June is busy, as promised. Led by SaaS companies Adaptive Insights and Avalara, seven companies are scheduled to raise a combined $1.4 billion in the week ahead. ...read more