Avenue Insights & Analytics, a portfolio company of Mill Point Capital, has named Lara M. Oerter as chief operating officer. Oerter is the former COO for PrecisionHawk and ex-senior vice president at Blackboard.
CENTREVILLE, Va.–(BUSINESS WIRE)–Avenu Insights & Analytics (Avenu), the leading provider in State and Local government solutions, announced the appointment of Lara M. Oerter as Chief Operating Officer (COO). Lara will have responsibility for company-wide operations, including product development and solution delivery. She will be based at the company’s headquarters in Centreville, Virginia.
“Lara brings a wealth of operational, financial and product development experience in both early stage and mid-sized companies. She has an impressive track record of success in growing organizations which aligns with Avenu’s goals of continuing to serve and grow our client base,” said Paul Colangelo, Avenu CEO.
Ms. Oerter brings over 15 years of executive leadership and experience, serving most recently as COO for PrecisionHawk and Senior Vice President with Blackboard. Ms. Oerter earned a Bachelor of Arts degree in Government and Economics from Georgetown University and a Master of Business Administration degree from Harvard Business School.
When asked about her transition to Avenu, Ms. Oerter stated, “I am excited to take on this role and look forward to partnering with our talented leadership team to deliver on our 2020 vision, focus on our customers, and support our growth across the company. My experience working with K-12 and Higher Education organizations has prepared me well for working with Avenu’s state and local government customers.”
About Avenu Insights & Analytics
Over 3,000 State and Local governments have partnered with Avenu to boost revenue, optimize operations, and deepen community trust. Avenu provides revenue enhancement and administrative solutions that uncover new sources of untapped revenue and deliver software that streamlines day-to-day operations. State and local governments partner 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 www.avenuinsights.com.
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.