Avenu CEO Letter to Clients

Dear Valued Partners and Clients,

I am reaching out today to keep you abreast of some pivotal developments at Avenu.

For the past 6 years, Avenu has been fortunate to be a portfolio company of Mill Point Capital, a private equity firm, which has been nothing short of remarkable. Their dedication, vision, and expertise in business services, technology, and industrials sectors has significantly shaped Avenu’s growth trajectory. Their unwavering support has been pivotal in many of the milestones we’ve achieved.

Now, I’m excited to share that effective Monday, October 2, 2023, we are under the leadership of a new private equity firm,  Arlington Capital Partners. With their roots in Washington, D.C., Arlington Capital is renowned for its profound understanding of industries that closely work with or are overseen by the government. Their emphasis on excellence, especially in the domain of Government Services & Technology, is a natural fit with our ongoing mission to serve you better.

Our decision to transition is driven by the following aspirations:

• In a rapidly evolving digital landscape, we are committed to staying ahead of the curve, ensuring that you benefit from the most innovative solutions in revenue recovery and software administration.
• As Avenu charts its growth, our collaboration with Arlington Capital ensures we have the R&D resources and insights to continually innovate and refine our offerings.
• We recognize the importance of operational excellence in serving you efficiently. Leveraging Arlington Capital’s expertise, we aim to enhance our service delivery, ensuring swifter responses and even greater customer satisfaction.
• Recognizing the diverse needs of state and local governments, we are poised to delve deeper, expanding our services to cater to every nuance of revenue recovery and software administration.

Our commitment to you, our esteemed partners and customers, remains at the forefront of all our decisions. Avenu’s legacy of unparalleled service to state and local governments is built on our collaborative efforts, and I am confident this legacy will only grow stronger with our renewed partnership.

Your feedback and insights have always been invaluable to us. Should you have any queries, thoughts, or concerns regarding this transition, please do not hesitate to reach out. We are here to ensure a seamless experience for you.

In closing, I’d like to express my heartfelt gratitude for your continued trust and partnership. As we step into this exciting new phase, we do so with a renewed zeal and a shared vision of a prosperous future.

Warm regards,

Paul Colangelo

CEO, Avenu Insights & Analytics