Unlocking Revenue Growth: Mill Point Capital's Sale of Avenu Insights & Analytics

Mill Point Capital, a leading private equity firm focused on control-oriented investments, has successfully completed the sale of Avenu Insights & Analytics. Avenu, a global leader in revenue enhancement and administration solutions for state and local governments, was acquired by Arlington Capital Partners, a Washington, DC-based private equity firm.

The sale marks a significant milestone for Mill Point Capital, as it reflects their dedication to creating market leaders in fragmented industries. Through strategic acquisitions and a Value Creation Plan, Mill Point Capital worked closely with the Avenu team to position the company for long-term growth and market leadership.

With over 4,000 state and local government partnerships, Avenu has become a trusted provider of software administration and revenue enhancement solutions. Their comprehensive software solutions drive digital transformation in government, modernizing processes, providing online access to records, and reducing costs. Avenu's robust ecosystem of revenue management services also helps governments identify and recover untapped revenue, without the need for tax hikes.

By streamlining internal operations and improving services, Avenu enables state and local governments to increase revenue while enhancing connectivity with constituents. The successful partnership between Mill Point Capital and Avenu has resulted in significant achievements during the investment period, reinforcing their commitment to delivering positive results for communities.

The sale to Arlington Capital Partners further strengthens Avenu's position in the market. Arlington Capital Partners specializes in middle-market investment opportunities, particularly in growth industries such as government services and technology, aerospace and defense, healthcare, business services, and software. With their expertise and resources, Avenu is well-positioned to continue its growth trajectory and expand its market reach.

The transaction also highlights Mill Point Capital's focus on value-oriented control investments in lower-middle market companies across the Business Services, Industrials, and IT Services sectors. With a team of experienced investors, Executive Partners, and Functional Experts, Mill Point Capital aims to enhance the value of portfolio companies through transformative strategic initiatives and operational improvements.

Based in New York, Mill Point Capital is dedicated to driving growth and maximizing the potential of its portfolio companies. By executing innovative strategies and operational enhancements, they strive to create sustainable value and generate long-term success.

In conclusion, the sale of Avenu Insights & Analytics by Mill Point Capital to Arlington Capital Partners is a testament to their commitment to unlocking revenue growth and creating market leaders. The combined expertise of both firms positions Avenu for continued success and reinforces Mill Point Capital's reputation as a trusted partner in driving value in the financial services sector.