Avenu Insights & Analytics (Avenu), a Mill Point Capital portfolio
company, has acquired the operations and assets of The Windward Group
and GRIDS Information Technologies. With the Windward and GRIDS
software, document digitization and storage capabilities, Avenu
reinforces its commitment to supporting government customers with
records management solutions.
Over several decades, Louisiana-based Windward has built a business
based on helping judicial systems and other organizations obtain,
organize, store and deliver critical information. GRIDS has been a
leader in providing conveyance records software to Louisiana court
systems. Avenu will continue to operate the existing locations and use
them as overflow for the digital processing functions it provides in
other states. All the Windward operations, including the software for
scanning, workflow, cloud file sharing and document management will
become part of Avenu’s Records Solutions group.
“The need for document creation, restoration, indexing and overall
management continues to grow exponentially,” says Robert Rathe, Jr.,
owner of The Windward Group. “By joining Avenu we can add more capacity,
skills and technology that clients will find valuable.”
Benny Garrard, president of GRIDS, adds his enthusiasm as he becomes
part of the Avenu team: “For the past 25 years I’ve worked hard to offer
innovative products to our customers, and Avenu shares my commitment to
innovation and the additional resources will open new doors to
technology for our clerks of court and other government customers.”
The Windward Group and GRIDS purchase represents the latest in a series
of acquisitions by Avenu. In 2018 it acquired the government solutions
group of Conduent, Inc., and prior to that brought together several
government solution providers under the Avenu umbrella.
“Our strategy is to continue to innovate as an organization and provide
superior records products to many state and local governments,” says
Paul Colangelo, CEO of Avenu. “We can quickly make adjustments to
leverage new technology, scale down and focus in a certain area or add
capacity, and this acquisition emphasizes our ability to be that
right-sized partner.”
About Avenu Insights & Analytics
Avenu
Insights & Analytics has a long history of helping state and
local governments boost revenue, optimize operations, and deepen
community trust. Avenu’s revenue enhancement and administration
solutions enable jurisdictions to provide truly digital government that
meets expectations of citizens, employees and elected officials. Avenu
is a portfolio company of Mill Point Capital.
About Mill Point Capital
Mill
Point Capital is a middle-market private equity firm focused on
control-oriented investments in the business services and industrial
sectors. The firm works with executive partners to leverage its
investment professionals’ experience, while providing strategic and
operational guidance designed to drive long-term value creation in its
portfolio companies. Mill Point is based in New York.
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