Trive Capital announced an investment in PavCon, a provider of predictive analytics and decision-support software for the U.S. Department of War, positioning the deal as a partnership to accelerate growth in data-driven defense modernization and mission-readiness programs.
PavCon, founded in 2012, combines artificial intelligence, data analytics, and what it describes as deep domain expertise to convert complex unstructured data into actionable insights tied to mission-critical supply chain performance and operational efficiency. The company said its solutions support readiness, resource optimization, and cost savings across high-priority defense initiatives by enabling more informed decision-making in complex operational environments. Trive framed PavCon as a differentiated platform with a proven ability to rapidly build and deploy predictive solutions aligned to evolving mission needs, a capability it said is increasingly valuable as defense organizations capture and generate more data across domains.
The announcement emphasized PavCon’s operating model and execution culture as key drivers of its positioning in the defense ecosystem. Trive and PavCon described an agile delivery approach and a specialized technical workforce capable of designing, deploying, and scaling predictive solutions quickly, reinforcing the company’s role as a trusted analytics partner in defense. Trive said it sees opportunities to invest behind PavCon’s talent, technology, and scalable operating model to support continued expansion.
While financial terms were not disclosed, Trive characterized the investment as aligned with its strategy of backing mission-critical middle-market businesses with meaningful growth potential. Trive said it manages more than $8 billion in regulatory assets and invests in the equity and debt of middle-market companies where it believes operational improvements can drive transformational upside.
Support: Stout Capital served as financial advisor to PavCon, and Bean, Kinney & Korman served as its legal counsel. Willkie Farr & Gallagher served as legal counsel to Trive Capital.
KEY QUOTES
“We are excited to partner with PavCon, a differentiated analytics platform with deep mission expertise and a strong track record of execution. PavCon’s ability to translate complex data into operational insights aligns well with Trive’s focus on supporting mission-critical businesses with significant growth potential. We are thrilled to partner with Milissa and her team and see meaningful opportunities to invest behind the Company’s talent, technology, and scalable operating model to support continued expansion.”
Lavanya Srinivasan Mo, Managing Director, Trive Capital
“PavCon’s success is credited to a relentless focus on execution and contributions from the individuals behind the work. This partnership with Trive Capital reflects what our team has built and the trust our customers place in our solutions. With Trive’s support, we can move faster, scale what’s working, and stay focused on delivering capabilities that solve real operational problems.”
Milissa Pavlik, Founder And Chief Executive Officer, PavCon
“PavCon’s unique approach to rapidly developing mission-critical predictive maintenance and supply chain solutions has positioned it as a trusted partner to the Department of War. With the proliferation of data capture accelerating across domains, PavCon enables efficient data-driven decision-making by delivering structured actionable insights.”
David Stinnett, Partner, Trive Capital
