RamWare, L.L.C.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
RamWare, L.L.C. - overview
Established
1997
Location
Baton Rouge, LA, US
Primary Industry
Software
About
RamWare, L. L. C. is a technology company specializing in innovative software solutions that enhance operational efficiency and service delivery for government entities at various levels.
Founded in 1997, RamWare, L. L. C. , based in Baton Rouge, US, focuses on providing software solutions tailored to the needs of state and local governments.
In January 2017, a significant merger occurred, combining MuniServices, LLC, Revenue Discovery Systems, Broussard Partners & Associates, Inc. , and eGov Systems to create Government Revenue Solutions, which has since been rebranded as Avenu Insights & Analytics. The company has completed two known deals, with the latest deal date recorded as January 24, 2017. Avenu Insights & Analytics specializes in comprehensive software solutions aimed at maximizing revenue, streamlining operations, and enhancing service delivery for state and local governments.
Core offerings include Avenu | Records, Avenu | STR (Short-Term Rental), and Avenu | Jury, which tackle diverse public sector management challenges. The company assists municipalities with tax administration, compliance auditing, and digital transformation initiatives, serving a wide range of clients across major US cities and counties, including El Paso, Texas, and Sonoma County, California. Avenu's revenue model centers around subscription-based services for public sector clients, including municipalities and governmental agencies. The company engages in partnerships to provide customized solutions for tax compliance, records management, and digital transformation.
Transactions typically involve annual or multi-year subscription agreements, which promote operational efficiency and maximize revenue potential. Specific pricing details are negotiated based on the unique requirements of each jurisdiction. Moving forward, Avenu Insights & Analytics plans to launch new products designed to enhance their service offerings and expand into new markets. The company is targeting further penetration in various geographic regions across the United States.
Recent funding will support these expansion initiatives, particularly following the merger that restructured their operations into Government Revenue Solutions in January 2017. The company aims to leverage this momentum to better serve their clients and address evolving public sector needs.
Current Investors
Mill Point Capital, Avenu Insights & Analytics, LLC
Primary Industry
Software
Sub Industries
Consulting Services, Accounting Services, Analytics & Performance Software, Accounting/Finance Software
Website
www.e-govsystems.com
Verticals
Cloud Computing
Company Stage
Merged
Total Amount Raised
Subscriber access only
RamWare, L.L.C. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Broussard Partners & Associates, Inc., MuniServices, LLC, RamWare, L.L.C., Revenue Discovery Systems | - | ||||||||
| Buyout | Completed | RamWare, L.L.C. | - |
Displaying 1 - 2 of 2
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.