News and Analysis

News and Analysis (15710)

SOVOS DEBUTS PARTNER NETWORK

Sovos, which markets indirect tax software, has launched the Sovos Partner Network. The program is designed for referral, consulting reseller and technology partners.

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ADVISORS SPLIT ON AVALARA DEAL

On the heels of Institutional Shareholder Services supporting the purchase of Avalara by Vista Equity Partners, another proxy advisor said shareholders should vote against the $8.4-billion sale. In doing so, Glass Lewis sided in investor groups, Altair US, a pre-IPO angel investor in the sales and use tax company

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EPICOR BUYS MES VENDOR

Epicor has acquired eFlex Systems, which makes Manufacturing Execution Systems. Terms were not disclosed.

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FINANCIALFORCE NAMES SALES LEADER

FinancialForce has named John “JT” Turner as chief revenue officer. He becomes the fourth person in that office in the last four years.

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NEW FIRM JOINS NETSUITE CHANNEL

 Newly-formed ThriveSaaSWorx has joined Oracle NetSuite Solution Provider Program. Based in Frederick, Md., the company markets to senior living and health services providers.

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SILVERSUN MERGING WITH BITCOIN MINER

SilverSun Technologies, parent to reseller SWK Technologies, has agreed to merge with bitcoin miner, Rhodium Enterprises. Rhodium, which postponed a $100 million initial public offering, becomes SilverSun.

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PROXY ADVISOR FOR AVALARA DEAL

Institutional Shareholder Services, a proxy advisor firm, has this week recommended shareholders vote for the sale of Avalara to Vista Equity Partners. The vote on the proposed $8.4-billion will be be held at a special Avalara shareholders meeting on October 14.

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AVALARA SALE: PRO AND CON

Proxies for and against the sale of Avalara to Vista Equity Partners  this month spell out competing claims about the condition of the sales tax software company.

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RSM TOP NETSUITE VAR AGAIN

 RSM US has been named NetSuite’s Worldwide Partner of the Year this week,  the ninth time the accounting firm has topped the NetSuite channel.

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INTUIT MAKES INTERNATIONAL MOVES

Intuit made two moves outside the United States this week, including a new Canadian headquarters in Toronto, Ont. It also introduced its mid-market, cloud accounting product, QuickBooks Online Advanced, in the United Kingdom.

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