#United States #Scottsdale #Montage Partners #Advantco #Argano LLC

Montage Partners Announces Successful Exit

Montage Partners, a private equity firm based in Scottsdale, Arizona, has declared its successful exit from its investment in Advantco International. This exit comes with the acquisition of Advantco by Argano LLC, a portfolio company under Trinity Hunt Partners.

Founded in 2007 and headquartered in Charlotte, North Carolina, Advantco is recognized for its integration software solutions that facilitate seamless connectivity between enterprise applications and cloud platforms. This includes compatibility with major platforms such as SAP, Oracle, Microsoft Azure, Amazon Web Services, and Salesforce.

The partnership began in 2019 when Montage Partners made its investment to support the company’s strategic growth, working closely with incoming CEO Nick Persavich and founder Michael Le, who has remained active on the company’s board. Jordan Tate, co-Managing Partner at Montage Partners, emphasized the essential role of effective team collaboration in driving Advantco's growth and success. "Advantco’s differentiated offerings have long been recognized by enterprise clients, and we are confident that Argano’s broader solutions will enhance these capabilities further," Tate affirmed.

The transition of ownership, according to Le, was executed smoothly thanks to the support from Montage Partners, ensuring stability for both customers and staff during this pivotal change. Le stated, “Staying engaged as an advisor has been immensely fulfilling as the team strives for continued innovation, and the alignment with Argano lays a strong foundation for Advantco's future.”

With the exit of Advantco marking its third exit in 2025, Montage Partners continues to build its reputation in successfully partnering with founders and management teams through critical phases of company evolution—including founder recapitalizations, leadership transitions, and growth investments. The firm focuses on preserving company culture while providing necessary resources and hands-on support, nurturing the factors that initially contributed to the company's success.

Persavich highlighted the invaluable partnership with Montage, expressing gratitude for the financial resources that facilitated significant growth initiatives. Advantco’s team has diligently developed integrated adapters designed to manage complex workloads effectively. Becoming part of Argano, Persavich believes, will provide the necessary platform for the team to continue this essential work while expanding their reach.

Envoy Capital Advisors acted as financial advisors to Advantco during this transition, while Holland & Knight LLP and Kirkland & Ellis LLP provided legal counsel to the respective companies involved in the acquisition.

About Montage Partners

Established in 2004, Montage Partners focuses on investing in people-oriented businesses, particularly those with significant potential for transformative growth. With $80 million in capital, the firm targets U.S. and Canadian companies that generate between $1.5 million and $7 million in EBITDA across various sectors, emphasizing technology and professional services, healthcare, and consumer markets.

As Montage Partners looks ahead to 2026, with around $30 million in committed capital, it aims to partner with visionary founders and management teams who are preparing for their next chapter.

For further inquiries, Brooke Ouvarov-Bancalero of Montage Partners can be reached at (480) 675-5000 or via email at [email protected].