Arlington Capital Partners acquired software provider Intellectual Technology.

Arlington Capital Partners acquired software provider Intellectual Technology, which has over 25 years of experience developing solutions for motor vehicle agencies, providing DMV software used throughout North America to increase the speed, visibility, and security of motor vehicle transactions. The company’s existing shareholders, including Vicente Capital Partners and management, have reinvested in this transaction. Financial terms were not disclosed. Michael Lustbader, a Managing Partner at Arlington Capital, said, “We are excited to partner with Vicente and the ITI management team to further increase the speed and efficiency of DMV services. Through approximately 400 self-service kiosks in 11 states, ITI is transforming the interaction between government and their constituents as ITI’s kiosks become the preferred constituent portal. ITI’s highly recurring business model and public sector customer set is a perfect fit with Arlington’s investment mandate.”