Avenu
| Private | |
| ISIN | 🆔 |
| Industry | |
| Founded 📆 | |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Avenu Insights & Analytics (Avenu) is a privately held software and services company headquartered in Centreville, Virginia.
History
In 2016, private equity firm Mill Point Capital founded Government Revenue Solutions in order to acquire four brands from PRA Group.[1][2][3]
In 2017, CEO Craig Adler became Executive Chairman and brought on Paul Colangelo as CEO.[4][5][6]
In 2018, the company changed its name to Avenu Insights & Analytics and acquired the business of Conduent, Inc.[7][8][9] Avenu worked with Pittsburgh's assistant director of finance, Ed Barca, to modernize how payments are recorded and to help ensure businesses correctly register with the city.[10]
Avenu is a portfolio company of Mill Point Capital.[11] The business acquired from Conduent was started in 1878.[12]
In 2010, Xerox bought Affiliated Computer Services as part of the company’s Business Services Division, then in 2016 Xerox announced that it would spin off that group into a separate corporation that would become Conduent in 2017.[13][14][15]
In 2019, Avenu acquired the operations and assets of The Windward Group and GRIDS Information Technologies.[11] Avenu was named to the GovTech100 list of companies focused on and making a difference in state and local governments in 2019.[16]
References
- ↑ "Avenu deal shows M&A healthy in state and local market -". Washington Technology. Retrieved 2019-03-01.
- ↑ "NYC entity to buy Franklin's Affinion Insurance Solutions". Nashville Post. Retrieved 2019-03-21.
- ↑ Johnson, O'Ryan. "Conduent To Sell Off Government Software Unit To Avenu Insights & Analytics". CRN. Retrieved 2019-03-29.
- ↑ "Craig Adler". DLT. 2015-08-25. Retrieved 2019-03-11.
- ↑ Mehta, Neel (2011-07-20). "DLT Solutions' Craig Adler Wins CFO of the Year; CEO Rick Marcotte Comments". ExecutiveBiz. Retrieved 2019-03-29.
- ↑ "Bloomberg Profile". Bloomberg.
- ↑ "Silicon Valley Alternative". Washington Post. Retrieved 1 March 2019.
- ↑ "Avenu Acquires Conduent's Local and Municipal Constituent Government Software Solutions Business | California City News". www.californiacitynews.org. Retrieved 2019-03-11.
- ↑ Johnson, O'Ryan. "Conduent To Sell Off Government Software Unit To Avenu Insights & Analytics". CRN. Retrieved 2019-03-21.
- ↑ "New Tax System to Take Pittsburgh". www.govtech.com. Retrieved 2019-03-21.
- ↑ 11.0 11.1 "Avenu Insights & Analytics Acquires Enterprise Content Management Firm". finance.yahoo.com. Retrieved 2019-05-13.
- ↑ "Stock Research". www.bloomberg.com. Retrieved 2019-03-01.
- ↑ "Xerox's (XRX) Affiliated Computer Services Gets $47M Contract with State of Delaware". StreetInsider.com. Retrieved 2019-03-01.
- ↑ Farrell, Maureen (2016-01-29). "Xerox and ACS: A Troubled Deal from the Start". WSJ. Retrieved 2019-03-01.
- ↑ "Xerox Completes ACS Acquisition". Xerox. Retrieved 1 March 2019.
- ↑ "2019 Top 100". www.govtech.com. Retrieved 2019-05-17.
This article "Avenu" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Avenu. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
