Arlington Capital Partners Merges Three GovTech Companies to Form Neumo, Creating Unified Cloud Platform for Government Services
Private equity firm Arlington Capital Partners has combined Avenu Insights & Analytics, Intellectual Technology Inc., and GovOS into Neumo, a comprehensive cloud platform aimed at modernizing government software and payment systems across all 50 states.
Arlington Capital Partners has launched Neumo, a cloud-based platform designed to streamline government software and payments, by merging Avenu Insights & Analytics and Intellectual Technology Inc. with the newly acquired GovOS. The move combines three established GovTech companies to deliver a unified suite spanning public administration, DMV systems, revenue compliance, justice, and integrated payments services.
Neumo is led by former Avenu CEO Paul Colangelo and serves more than 4,500 public sector customers across all 50 states. The formation represents a strategic push to meet governments' digital transformation needs through secure, scalable solutions. Colangelo emphasized that "the need to modernize government represents a historic opportunity," highlighting the platform's focus on improving citizen experiences through omnichannel, integrated software.
The merger builds on Arlington's continued investment in the GovTech sector. The private equity firm acquired Avenu Insights & Analytics in October 2023, a Centreville, Virginia-based provider of revenue-management and administrative software for state and local authorities. Avenu's offerings include revenue discovery and recovery services to identify under-reported taxes, digital government solutions for online service portals, and financial systems for budgeting and payroll operations.
Earlier, Arlington had purchased Intellectual Technology in 2019, a Fort Wayne, Indiana-based DMV software and self-service hardware company offering kiosks, title and registration systems, and print-on-demand licensing solutions. The combination of Avenu and ITI culminated in Neumo's formation, with GovOS joining the platform after Audax's exit from GovOS via a 2023 spinout.
Arlington's substantial capital resources, including its Fund VI that closed at $3.8 billion in January 2024, provide significant backing for Neumo's scaling efforts. The strategic minority investment by Goldman Sachs through the Petershill program further reinforces the company's financial runway while preserving management control.
The consolidation arrives during accelerating demand for cloud-native government software, cybersecurity, and scalable digital services. Industry analysts note that combining three proven GovTech platforms could accelerate cross-selling opportunities and faster product modernizations for agencies at federal, state, and local levels. The platform addresses governments' increasing pursuit of digital-first agendas to improve accessibility and operational efficiency while meeting growing citizen expectations for modernized services.