Tag Archives: Mill Point Capital

Shaping the Future of Local Governance: Avenu Insights & Analytics and ClearGov Announce Strategic Partnership

CENTREVILLE, Va. /ScoopCloud/ -- Avenu Insights & Analytics and ClearGov have joined forces in a strategic partnership set to revolutionize local government operations and financial management. This collaboration will span across several crucial areas of cooperation.

The partnership's objective is to bolster revenue streams for local government entities by combining Avenu's extensive expertise in identifying underreported taxes and managing revenue streams with ClearGov's suite of budget cycle management tools. This powerful synergy equips local governments with a comprehensive view of their financial health, ultimately fostering greater financial stability and informed decision-making.

In addition, the partnership seeks to optimize budgeting by combining the power of Avenu's data analytics with ClearGov's user-friendly budgeting and strategic planning tools, providing real-time, actionable insights for more effective financial planning. Moreover, it streamlines local government operations by highlighting the synergy between Avenu's administrative services and ClearGov's budgeting and strategic planning tools, thereby reducing administrative burdens, and enhancing overall operational efficiency.

"This strategic partnership empowers local governments by enhancing revenue and streamlining operations as well as providing digital transformation, seamless payment processing, and a commitment to transparency," shared Avenu CEO Paul Colangelo. "These initiatives aim to foster financial stability, operational efficiency, and stronger bonds of trust between local governments and their communities."

Digital transformation is in focus, as Avenu's compliance auditing and advanced payment processing along with ClearGov's modernization tools provides local government with the tools needed to work more efficiently and enhance the citizen experience. "This collaboration provides the tools for local governments to modernize their operations without needing to overhaul core systems like their ERP," shared ClearGov President & Co-Founder, Bryan Burdic. "Community trust is built through transparency in how governments and citizens communicate with each other. We want to make it easier than ever for governments to build that trust."

This partnership is a testament to the commitment of both companies to reinforce community trust in local government financial practices. Together, Avenu Insights & Analytics and ClearGov are shaping the future of local governance.

About Avenu Insights & Analytics:

Over 3,500 state and local governments have partnered with Avenu to drive positive results for their communities through software administration and revenue recovery solutions. Avenu's comprehensive software digitally transforms 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 Mill Point Capital. Learn more about Avenu by viewing this brief Video About Avenu or visit https://www.avenuinsights.com/.

About ClearGov:

ClearGov® is the leading provider of public sector technology solutions to help local organizations simplify their budgeting and licensing processes. ClearGov's Budget Cycle Management solution helps local governments modernize and streamline their entire budgeting process. Its ClearForms platform modernizes any paper or PDF-based workflow process. ClearGov solutions are utilized successfully by more than 900 agencies and are powerful and affordable enough to support local governments of every size. For more information, visit https://cleargov.com/.

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Avenu Insights & Analytics and ClearGov have joined forces in a strategic partnership set to revolutionize local government operations and financial management. This collaboration will span across several crucial areas of cooperation.

Related link: https://www.avenuinsights.com/

Avenu Insights & Analytics Selected as Administrator for the City and County of Honolulu’s Transient Accommodations Tax

HONOLULU, Hawaii /ScoopCloud/ -- Avenu Insights & Analytics (Avenu) is pleased to announce that it has been awarded a contract by the City and County of Honolulu to provide tax administration for transient accommodations tax (TAT), an important revenue source for the agency and its citizens.

The City is partnering with Avenu to assist the City's TAT team in the Treasury Division of the Budget and Fiscal Services Department. As the administrator of the transient accommodations tax, Avenu will be responsible for collecting and processing payments from hotel/motel operators and short-term rental providers. Avenu will also be providing live taxpayer support to help answer questions that providers and operators may have. In addition to tax administration, Avenu has also been awarded a contract to provide monitoring, identification, and compliance services for short-term rentals.

The agency is confident in Avenu's expertise and experience, and the contract award represents a significant opportunity for the company to support the agency and its citizens by administering over 70,000 transactions annually for just the hotel/motel portion of the contract.

"Avenu is honored to have been selected and looks forward to working with the City and County of Honolulu to ensure the efficient and effective administration of these taxes," stated Paul Colangelo, Avenu CEO. "We are grateful for the opportunity to serve Honolulu and its citizens and are committed to delivering exceptional results and are excited to get started on this new venture."

About Avenu Insights & Analytics:

Over 3,500 state and local governments have partnered with Avenu to drive positive results for their communities through software administration and revenue enhancement solutions. Avenu's 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 Mill Point Capital.

To learn more, visit https://www.avenuinsights.com/.

About Mill Point Capital:

Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies across the business services, technology and industrials sectors in North America. Mill Point's 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 https://millpoint.com/.

Avenu Insights & Analytics (Avenu) is pleased to announce that it has been awarded a contract by the City and County of Honolulu to provide tax administration for transient accommodations tax (TAT), an important revenue source for the agency and its citizens.

Related link: https://www.avenuinsights.com/

Short-Term Rental Compliance Provider LTAS Technologies Inc. (Harmari) Acquired by Avenu

CENTREVILLE, Va. /ScoopCloud/ -- Avenu Insights & Analytics (Avenu), the global leader in revenue enhancement and administration solutions for state and local governments, today announced the acquisition of LTAS Technologies Inc. (Harmari®), a leading provider of short-term rental identification, monitoring and compliance software and services.

Avenu and Harmari share a long history of providing innovative public sector solutions that maximize revenue, optimize operations, fight fraud and non-compliance, and enhance the citizen experience. Both companies bring together a common mission to better connect governments with citizens through enhanced digital platforms and real-time communication.

Harmari's industry leading monitoring and identification software and Avenu's scalable administrative solutions will help maximize compliance, while streamlining the collection of short-term rental and transient tax revenue for governments. Together, Avenu and Harmari will provide an end-to-end monitoring and full-service compliance solution that improves the citizen experience while maintaining a budget-neutral approach for local leaders.

The integration of Harmari's monitoring and machine learning technology and Avenu's full-service compliance, administration, and analytics brings together a fully integrated platform for both citizens and government officials. The result is a level of service that transforms the way in which local government can address the rapid growth associated with short term rentals that puts a heavy drain on staff, services and resources that are hard to scale for local officials. This approach reduces the dependency burden on governments to piece together resource-intensive processes and technologies that result in an inefficient experience and loss of tax and permitting revenue for governments and the citizens they serve.

"Keeping pace with the growth of short-term rentals, rapid changes in technology, and increased citizen expectations are challenges that many state and local governments are facing," shared Avenu CEO, Paul Colangelo. "We are combining the industry's leading technologies to create a better experience for citizen's while providing a full-service compliance solution that gives governments a way to properly monitor and collect all short-term rental revenue."

"We are very pleased to join the Avenu family," stated Harmari CEO, Allen Atamer. "We are continually innovating our technology to pivot to the needs of local governments and address the rapidly changing landscape. Harmari has a highly skilled team, and together, we will continue to deliver an industry leading GovTech platform that modernizes and streamlines this critical revenue stream and compliance objective for governments of all sizes, worldwide."

About Avenu Insights & Analytics:

Over 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's 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 Mill Point Capital.

To learn more, visit https://www.avenuinsights.com/.

About LTAS Technologies Inc. (Harmari):

Founded in 2011 and headquartered in Toronto, LTAS Technologies Inc. is a SaaS provider of monitoring and compliance tools to over 300 government customers in the US, Canada and Spain at the federal, state, provincial and municipal level. Harmari's technology focuses on providing deep insight and clarity to online short-term rental data that allows governments to understand and administer compliance such as registration, transient lodging tax payment, nuisance response and audit selection.

About Mill Point Capital:

Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies across the business services, technology and industrials sectors in North America. Mill Point's 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 https://millpoint.com/.

MEDIA CONTACT:

Corinne Aycock, Avenu Marketing Manager, 571.313.5882

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Avenu Insights & Analytics (Avenu), the global leader in revenue enhancement and administration solutions for state and local governments, today announced the acquisition of LTAS Technologies Inc. (Harmari®), a leading provider of short-term rental identification, monitoring and compliance software and services.

Related link: https://www.avenuinsights.com/

Avenu Insights & Analytics Adds Public Sector Talent in California

FRESNO, Calif. /ScoopCloud/ -- Avenu Insights & Analytics (Avenu) recently announced the addition of Rachelle Arizmendi as one of the company's Government Industry Advisors. Rachelle joins Avenu as a native Californian with a life-long career in serving the public sector and numerous leadership positions.

"Keeping pace with the rapid changes in technology, increased citizen expectations, and budget shortfalls are challenges that all state and local governments are facing," shared Avenu CEO, Paul Colangelo. "The addition of Rachelle Arizmendi helps bring direct industry experience to our client services team that strengthens how we deliver mission critical solutions to the governments we serve.

"Rachelle brings a wealth of public sector knowledge and success that will make a noticeable impact in how we solve challenges and offer creative solutions to our clients. Our key talent additions ensure that Avenu customers can continuously improve on, or in some cases completely reimagine their goals and capabilities in serving their communities."

Rachelle was first elected to California's Sierra Madre City Council in 2014 and re-elected in 2018. Her commitment and drive to improve the community led to being selected by her colleagues to serve as Mayor in 2017 and again in 2020. Currently, she is a California Governor appointee for the Department of Food & Agriculture Board and serves as the Board President of the Asian American Pacific Island Equity Alliance, Board Co-Chair of the National Coalition of Asian Pacific Association of Community Development, Board Secretary for Child360, and First Vice-President of the League of California's Cities Women's Caucus Board.

Additionally, Rachelle has dedicated herself to PACE (Pacific Asian Consortium in Employment) for the last 22 years, with the last six as Vice President and COO. PACE is a non-profit community development organization that serves over 40,000 people every year in areas of job training and employment, business development, environment & energy, affordable housing, and early childhood education.

When asked about her transition to Avenu, Rachelle responded, "Avenu is dedicated to helping state and local governments maximize revenue and optimize the way they operate. My life has been built around serving others and joining the team is truly an extension of that. I am fortunate to continue providing value to communities through our work here at Avenu."

About Avenu Insights & Analytics:

Over 3,000 state and local governments have partnered with Avenu to drive positive results for their communities through software administration and compliance auditing solutions. Avenu's comprehensive software solutions digitally transform government by modernizing processes, providing online access to records, and reducing costs. State and local governments also 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 Mill Point Capital.

To learn more, visit https://www.avenuinsights.com/

Avenu Insights & Analytics (Avenu) recently announced the addition of Rachelle Arizmendi as one of the company's Government Industry Advisors. Rachelle joins Avenu as a native Californian with a life-long career in serving the public sector and numerous leadership positions.

Related link: https://www.avenuinsights.com/