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New Deal


Announced

Completed

Arlington Capital-backed Avenu Insights & Analytics completed the acquisition of the state and local government division of Finvi.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Software

administrative software

Acquisition

Domestic

Majority

Private

Completed

Private Equity

Single Bidder

Friendly

Synopsis

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Arlington Capital-backed Avenu Insights & Analytics, a provider of analytics and administrative solutions, completed the acquisition of the state and local government division of Finvi, a provider of court case management, collections workflow and integrated electronic payments software that services over 700 state and local jurisdictions. Financial terms were not disclosed. “The integration of Finvi SLG represents a transformative leap forward in our quest to revolutionize state and local government Justice operations. The addition of Finvi SLG will enable us to offer a more comprehensive suite of solutions and services that will not only enhance government digital transformation but also positively impact communities,” Paul Colangelo, Avenu CEO.

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