Avenu Insights & Analytics | January 20, 2023
In a recent announcement, Avenu Insights & Analytics, a firm specializing in administration and revenue enhancement solutions for governments, has acquired Interware Development Company Inc, a cloud-based payment solutions provider for local governments.
Interware's industry-leading payment processing solutions offer Avenu's existing customers a new, centralized payment platform. Avenu and Interware will jointly deliver software and services that boost government capabilities and enhance the overall citizen experience. The state and local governments will be able to collect permitting and licensing, utilities and tax revenue more efficiently through this integrated platform.
Interware's dynamic payment solutions, combined with Avenu's advanced sales & marketing framework helps bring together existing third-party payment processing providers. This results in an optimized and uniform level of service which transforms the government's ability to tackle the rapid rise in workflow processes that restricts staff productivity and resources, ultimately affecting efficiency. With shared resources and an integrated strategy, the combined company will be able to offer its customers more services and greater technical expertise.
Paul Colangelo, CEO of Avenu, said, "Governments are seeing an increasing need for an integrated payment solution software offering to streamline their administrative and budget activities and automate workflow processes." He adds, "The combination of Avenu and Interware will provide governments with a centralized solution to maximize their efficiency while shaping a more robust citizen experience."
(Source – Business Wire)
About Avenu Insights & Analytics
Founded in 1978 and headquartered in Centreville (Virginia), Avenu Insights & Analytics offers a broad range of solutions and services to more than 3,000 local and state government clients across the country. The company's services include Clearview Pension Administration Solution (CPAS) - the first ISO 9001 registered pension software, IT project management, compliance auditing, tax administration, and much more. Avenu delivers software solutions that digitally transform government customers by providing online access to records, modernizing processes, and lowering costs.
Aurigo Software | December 09, 2022
Aurigo Software, North America's leading capital planning and construction management solution provider, today announced it has achieved Amazon Web Services (AWS) Government Competency status. Companies included on the prestigious list have demonstrated expertise in delivering technology to help government agencies meet mandates, reduce costs, drive efficiencies, and increase innovation. Aurigo's capital program management software is used by state and local government, federal agencies, and the transportation sector to plan, build, and maintain capital assets. Achieving this accreditation differentiates Aurigo as an AWS partner with deep domain knowledge and the ability to deploy solutions seamlessly through the AWS platform. The firm is one of only 36 product-led companies worldwide to make the list.
"Aurigo is honored to achieve AWS Government Competency status, This is a testament to the outstanding team at Aurigo and the deep experience we have gained partnering with government agencies to deliver mission-critical software on the AWS cloud to help them plan and build modern and resilient infrastructure."
-Balaji Sreenivasan, CEO and founder of Aurigo Software.
AWS provides on-demand, distributed computing services to companies, non-profits, and government organizations. The firm is recognized as the market leader in providing solutions that enable scalable, flexible, and cost-effective data processing and storage in the cloud. AWS has a history of working with major government agencies to deliver technology with the highest levels of security, reliability, and performance.
To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help government customers identify high-quality, trusted partners that have demonstrated technical proficiency and proven success in managing government workloads. Government Competency Partners provide solutions to—and have deep experience working with—public sector customers to deliver essential applications and workflows on AWS. They provide innovative, cloud-based solutions that comply with the highest AWS standards.
"This designation differentiates Aurigo as the go-to, secure solution for government agencies, We look to partner with exceptional organizations like AWS to help our customers plan and build the roads, bridges, airports, and other infrastructure their communities need. Customers can be assured that Aurigo's SaaS products run on world-class cloud infrastructure with industry-leading best practices for security and availability."
-Manish Sharma, Vice President, Engineering and Security at Aurigo Software.
Aurigo has implemented capital program solutions for agencies such as the Utah Department of Transportation, the cities of Las Vegas, Seattle, and Houston, Portland Water Bureau, and Dallas Area Rapid Transit. The firm is the only construction technology company listed on the StateRAMP Authorized Vendor List and has been available on the Federal Risk and Authorization Management Program (FedRAMP) marketplace since 2020.
About Aurigo Software:
Aurigo builds software that helps build the world. Aurigo provides modern, cloud-based solutions for capital infrastructure and private owners to help plan with confidence, build with quality, and maintain their assets efficiently. With more than $300 billion of capital programs under management, Aurigo's solutions are trusted by over 300 customers in transportation, water and utilities, healthcare, higher education, and government on over 40,000 projects across North America. Aurigo helps capital program executives make better decisions based on proprietary artificial intelligence and machine learning technology. Aurigo is a privately held U.S. corporation headquartered in Austin, Texas, with global offices in Canada and India.
EMERGING TECHNOLOGY,GOVERNMENT BUSINESS
e.Republic | December 19, 2022
Leeds Equity Partners ("Leeds Equity"), the sector-focused private equity firm dedicated exclusively to investing in the Knowledge Industries, and e.Republic, LLC ("e.Republic" or the "Company"), announced today that Leeds Equity has made a significant investment in e.Republic.
Leeds Equity seeks to invest in leading companies in sectors across the Knowledge Industries where the firm can partner with management to drive innovation, business growth and best-in-class client outcomes. e.Republic represents the seventh platform company for Leeds Equity Partners VII, L.P., its latest investment vehicle with over $1.4 billion in committed capital, and builds upon the firm's over two-decade track record of investing in information services companies. Terms of the transaction were not disclosed.
"e.Republic plays an essential role fostering an engaged community of government and education leaders and information technology providers where critical insights and best practices are shared to enable greater innovation and technology transformation, We look forward to collaborating closely with Cathilea and the e.Republic team to expand on the Company's numerous community and market insights offerings to better serve its many constituents and help drive greater outcomes across government and education."
-Jacques Galante, Partner at Leeds Equity Partners.
We are excited to partner with Leeds Equity as they share similar values and are committed to the vision of bringing innovation to government and education, said Cathilea Robinett, e.Republic CEO. Being part of their portfolio will empower us to tap into Leeds Equity's strategic investment expertise, market knowledge and deep industry relationships.
"e.Republic's high-quality content, compelling peer-to-peer learning solutions and unique research and data offerings provide significant value to the Company's constituent base, We are eager to work closely with the e.Republic team to continue to support the technology strategy, planning and procurement needs of state and local government and education."
-David Neverson, Principal at Leeds Equity Partners.
About Leeds Equity Partners
Leeds Equity is a New York-based private equity firm dedicated exclusively to partnering with management teams in the education, training and information services industries (the "Knowledge Industries"). The firm was founded in 1993 and currently manages over $4 billion of capital across a broad spectrum of companies within the Knowledge Industries. Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long-term value for its partner companies and investors.
Founded in 1984, e.Republic is the nation's only media, events and research company focused exclusively on state and local government and education. The Company's vision is to be the trusted source for guidance, ideas, innovations and relationships to build government that works for everyone.