Avenu Insights & Analytics Adds Angelov Farooq and Jeff McGuire to Advisory Board

6/2/19

Dr. Angelov Farooq

CENTREVILLE, Va.--(BUSINESS WIRE)--Avenu Insights & Analytics (Avenu) welcomes two new members to its Advisory Board: Dr. Angelov Farooq and Jeff McGuire. Their expertise will guide the company as it provides government clients with insight into expanding their tax base and driving economic development.

Known for his work in revitalizing neighborhoods, Dr. Farooq is often sought as a speaker on the economic development impact of policies from all levels of government. He serves on the tax-focused council of economic advisors through an appointment by the state controller, and has been part of the California Workforce Development Board since 2013 through an appointment by the governor.

Jeff McGuire joins the board following a 35-year career with tax administration programs in California. He held multiple roles including field auditor, administrator of compliance and technology, tax policy chief and he was director of the sales and use tax program. Among his highlights is the innovative program to combat sales tax fraud by retailers and vendors using sales suppression software.

“We know that our clients want to attract the right types of businesses to their communities, and they want to continue to identify, forecast and manage their revenue,” says CEO Paul Colangelo. “With Angelov and Jeff as advisors we add to our capabilities in applying industry leading solutions.”

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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