{"id":852931,"date":"2023-01-17T18:00:22","date_gmt":"2023-01-17T17:00:22","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/avenu-acquires-government-payment-solution-provider-interware-development-company-inc-interware\/"},"modified":"2023-01-17T18:00:22","modified_gmt":"2023-01-17T17:00:22","slug":"avenu-acquires-government-payment-solution-provider-interware-development-company-inc-interware","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/avenu-acquires-government-payment-solution-provider-interware-development-company-inc-interware\/","title":{"rendered":"Avenu Acquires Government Payment Solution Provider, Interware Development Company Inc. (Interware \u00ae)"},"content":{"rendered":"<p>\nConnecting Citizens with Their State &amp; Local Governments Through More Efficient Technology\n<\/p>\n<p>CENTREVILLE, Va.&#8211;(BUSINESS WIRE)&#8211;Avenu Insights &amp; Analytics (\u201cAvenu\u201d), the global leader in revenue enhancement and administration solutions for state and local governments, today announced the acquisition of Interware Development Company Inc. (\u201cInterware\u201d), a leading provider of cloud-based payment solutions for local governments.\n<\/p>\n<p>\nInterware\u2019s industry leading payment processing solutions will provide a new, centralized payment platform for Avenu\u2019s existing clients. Together, Avenu and Interware will provide a premier software and services offering that improves the citizen experience and enhances government capabilities. The combined platform will allow state &amp; local governments to more efficiently collect permitting &amp; licensing, utilities and tax revenue.\n<\/p>\n<p>\nThe integration of Interware\u2019s dynamic payment solutions and Avenu\u2019s mature sales &amp; marketing framework enables the consolidation of current third-party payment processing providers. The result is a streamlined level of service that transforms the way in which the government can address the rapid growth in workflow processes that limits staff productivity and resources, which ultimately impact efficiency. Shared resources and an integrated strategy will enable the combined company to provide additional services and greater technical expertise to its client base.\n<\/p>\n<p>\n\u201cGovernments are seeing an increasing need for an integrated payment solution software offering to streamline their administrative and budget activities and automate workflow processes,\u201d shared Avenu CEO, Paul Colangelo. \u201cThe combination of Avenu and Interware will provide governments with a centralized solution to maximize their efficiency while shaping a more robust citizen experience.\u201d\n<\/p>\n<p>\n\u201cWe are very excited to join the Avenu family,\u201d stated Interware Vice President, Nichole Sperry. \u201cOur combined GovTech platform will deliver positive outcomes and an elevated experience for all of our clients.\u201d\n<\/p>\n<p>\nAbout Avenu Insights &amp; Analytics\n<\/p>\n<p>\nOver 3,000 state and local governments have partnered with Avenu to drive positive results for their communities through software administration and revenue enhancement solutions. Avenu\u2019s comprehensive software solutions digitally transform government by modernizing processes, providing online access to records, and reducing costs. Avenu also provides a robust ecosystem of revenue management services that identify and recover untapped revenue. State and local governments work closely with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. Avenu is a portfolio company of <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.millpoint.com&amp;esheet=53252737&amp;newsitemid=20230117005780&amp;lan=en-US&amp;anchor=Mill+Point+Capital&amp;index=1&amp;md5=5266d2c58e64d94295fa66c87576d48f\" rel=\"noopener\">Mill Point Capital<\/a>. To learn more, visit <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.avenuinsights.com%2F&amp;esheet=53252737&amp;newsitemid=20230117005780&amp;lan=en-US&amp;anchor=www.avenuinsights.com&amp;index=2&amp;md5=8ca4d047e7ee69ec9f5d2eb8b5e397b4\" rel=\"noopener\">www.avenuinsights.com<\/a>.\n<\/p>\n<p>\nAbout Interware Development Company Inc. (Interware)\n<\/p>\n<p>\nInterware provides a leading-edge government technology platform designed to help state and local governments increase efficiency, improve engagement with citizens, and simplify the most complex aspects of the payments ecosystem. Interware\u2019s core product is EB2Gov, a payment platform that offers numerous services and solutions, such as vehicle registration, dog licensing, vital record requests, property taxes and utility billing to citizens. Interware serves 485+ total customers across the Northeast, California, Maryland, Pennsylvania and Minnesota. To learn more, visit <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.interwaredev.com&amp;esheet=53252737&amp;newsitemid=20230117005780&amp;lan=en-US&amp;anchor=www.interwaredev.com&amp;index=3&amp;md5=e443e9c0e80dc56574ffd4c2054ae10a\" rel=\"noopener\">www.interwaredev.com<\/a>.\n<\/p>\n<p>\nAbout Mill Point Capital\n<\/p>\n<p>\nMill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies across the IT services, business services and industrials sectors in North America. Mill Point\u2019s experienced team of investors and Executive Partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.millpoint.com&amp;esheet=53252737&amp;newsitemid=20230117005780&amp;lan=en-US&amp;anchor=www.millpoint.com&amp;index=4&amp;md5=bbd8d2f185f3bc04ed7141cc72d833ab\" rel=\"noopener\">www.millpoint.com<\/a>.\n<\/p>\n<p> Contacts <\/p>\n<p>\nJiaeh Kim, (212) 416-5800, <a target=\"_blank\" href=\"m&#97;&#105;&#x6c;&#x74;&#x6f;:i&#110;&#102;&#x6f;&#x40;&#x6d;i&#108;&#108;&#112;&#x6f;&#x69;&#x6e;t&#46;&#99;&#x6f;&#x6d;\" rel=\"noopener\">&#x69;&#x6e;&#x66;&#x6f;&#x40;&#x6d;&#x69;&#x6c;&#x6c;&#x70;&#x6f;&#x69;&#x6e;&#x74;&#46;&#99;&#111;&#109;<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Connecting Citizens with Their State &amp; Local Governments Through More Efficient Technology CENTREVILLE, Va.&#8211;(BUSINESS WIRE)&#8211;Avenu Insights &amp; Analytics (\u201cAvenu\u201d), the global leader in revenue enhancement and administration solutions for state and local governments, today announced the acquisition of Interware Development Company Inc. (\u201cInterware\u201d), a leading provider of cloud-based payment solutions for local governments. Interware\u2019s industry [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-852931","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Avenu Acquires Government Payment Solution Provider, Interware Development Company Inc. 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