Montage Partners announced it has exited its investment in Advantco International, a Charlotte, North Carolina–based provider of enterprise integration software, following the company’s acquisition by Argano, LLC, a portfolio company of Trinity Hunt Partners.
Advantco, founded in 2007, develops proprietary integration “adapters” and provides custom software development services designed to connect enterprise applications with cloud platforms and streamline data flows across complex IT environments. The company’s tools support integrations involving major ecosystems such as SAP, Oracle, Microsoft Azure, Amazon Web Services, and Salesforce, according to the announcement.
Montage Partners invested in Advantco in 2019 alongside incoming CEO Nick Persavich, backing the company’s growth while founder Michael Le remained involved as an advisor and board member. The firms did not disclose financial terms of the transaction.
Montage described the deal as its third successful exit of 2025 and said it remains active pursuing founder recapitalizations, leadership transitions, and growth investments. The firm added that it has $30 million of committed capital available to deploy in 2026.
Support: Envoy Capital Advisors served as financial advisor to Advantco. Holland & Knight LLP served as legal counsel to Advantco, and Kirkland & Ellis LLP served as legal counsel to Argano.
KEY QUOTES:
“Nick has been a valuable partner and instrumental in the growth and success of Advantco. We’ve enjoyed working with Nick, Michael, and the rest of the Advantco team. Advantco’s differentiated product suite has long been valued by enterprise customers, and we believe its capabilities will be complementary to Argano’s broader solutions offering.”
Jordan Tate, Co-Managing Partner, Montage Partners; Member, Advantco Board of Advisors
“The partnership with Montage Partners allowed for a smooth ownership transition and continuity for our customers and team. It has been rewarding to stay connected as an advisor as the team continues to innovate, and I’m confident joining with Argano creates a strong foundation for the company’s next chapter.”
Michael Le, Founder, Advantco; Board Member/Advisor
“Montage Partners has been a valuable partner in our journey, ensuring we had the financial resources and liquidity to pursue key growth initiatives. Our team has spent years developing adapters that handle some of the most complex integration workloads. Becoming part of Argano gives us the platform to continue that work with additional resources and reach.”
Nick Persavich, CEO, Advantco
