Avenu Insights & Analytics Expands Its Government Solutions with Finvi Acquisition

Avenu Insights & Analytics, a leading provider of revenue recovery and administrative solutions for state and local governments, has recently announced its acquisition of Finvi's State and Local Government Division. This strategic move will further enhance Avenu's capabilities in payment processing and revenue recovery, allowing them to better serve their customers in the government sector.

Headquartered in Albuquerque, New Mexico, Finvi SLG specializes in court case management, collections workflow, and integrated electronic payments software. Their robust information exchange architecture integrates seamlessly with other case management systems, improving accuracy, communication, and service. With over 700 state and local jurisdictions served, Finvi SLG has established itself as a trusted provider in the industry.

This acquisition comes as no surprise, as Avenu is a portfolio company of Arlington Capital Partners, a private equity firm with extensive experience in regulated industries. Arlington had previously acquired the Finvi SLG assets in 2016 and 2018 through its previous portfolio company, Ontario Systems. With their knowledge of the product strength, Arlington is well-positioned to support the growth of Finvi SLG in collaboration with Avenu.

Michael Lustbader, a Managing Partner at Arlington Capital Partners, expressed his confidence in Finvi SLG's flagship products, stating that they have set the standard in omnichannel communication, data integrity, automated workflows, and modern payment solutions. By integrating these capabilities with Avenu's extensive state and local government experience, Lustbader believes they can provide an efficient service delivery model that maximizes resource utilization, minimizes costs, and enhances the citizen experience.

Paul Colangelo, CEO of Avenu, also shared his excitement about the integration of Finvi SLG. He sees this acquisition as a transformative leap forward for Avenu in revolutionizing state and local government Justice operations. The addition of Finvi SLG will enable Avenu to offer a more comprehensive suite of solutions and services that not only enhance government digital transformation but also have a positive impact on communities.

Bilal Noor, a Principal at Arlington Capital Partners, echoed the sentiment of excitement and emphasized the strategic significance of this acquisition for Avenu. By expanding Avenu's court system and payment solutions, they will gain access to new states and municipalities, strengthening their competitive positioning in the market.

Avenu Insights & Analytics has established itself as a trusted partner for over 3,500 state and local governments, helping drive positive results for their communities through software administration and revenue recovery solutions. Their comprehensive software solutions digitally transform government processes, provide online access to records, and reduce costs. Additionally, they offer a robust ecosystem of revenue management services that identify and recover untapped revenue.

State and local governments have been working closely with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services for constituents. With their expertise and solutions, Avenu helps governments maximize tax collection and unleash the power of compliance.

Arlington Capital Partners, the parent company of Avenu, is a private equity firm focused on middle-market investment opportunities in growth industries such as aerospace & defense, government services and technology, healthcare, and business services and software. With a unique combination of operating and private equity experience, Arlington adds value to the companies it invests in, partnering with high-quality management teams to establish and advance their positions as industry leaders.

The acquisition of Finvi SLG is a significant milestone for Avenu Insights & Analytics and Arlington Capital Partners. It expands Avenu's government solutions and strengthens its competitive advantage in the market. By bringing together the strengths of both companies, Avenu is well-positioned to provide comprehensive, innovative, and efficient solutions for state and local governments, driving positive change in communities across the nation.

For more information about Avenu Insights & Analytics and their solutions, visit their website at www.avenuinsights.com. And to learn more about Arlington Capital Partners and their investment approach, visit arlingtoncap.com.