Montage Partners
Montage Partners is a people-first private equity firm founded in 2004 that invests in founder-led businesses with $1.5M-$7M EBITDA across technology, healthcare, industrial, and consumer sectors, pairing capital with its Montage Accelerate™ operational support program.
- Company typePrivate
- Founded2004
- HeadquartersScottsdale, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Montage Partners does
Montage Partners is a people-first private equity firm founded in 2004 and headquartered in Scottsdale, Arizona. The firm invests in established, founder-led businesses in the lower middle market, specifically targeting companies with $1.5 million to $7 million in EBITDA across four core verticals: technology and professional services, healthcare, industrial products and services, and consumer. Since inception, Montage has completed 21 investments with 11 realized exits, managing approximately $80 million in capital and operating a team of 11 professionals across offices in Scottsdale and Salt Lake City.
The firm generates revenue through conventional private equity mechanics: recurring management fees on committed capital and carried interest on successful portfolio company exits. Montage does not build proprietary technology products; its core offering is equity capital paired with the proprietary Montage Accelerate™ program, which delivers hands-on operational support in strategic planning, marketing, executive recruitment, M&A, and accounting through dedicated internal staff. Distribution is entirely relationship-driven: the investment team sources deals directly, reviewing over 800 opportunities annually through founder referrals and network relationships.
Montage's portfolio outcomes demonstrate a thesis of organic value creation: portfolio companies are reported to more than double EBITDA and revenue during the hold period, with recent exits including Southwest Data Products (sold to Nucor for $115 million at an 11.5x net MOIC) and Equity Methods (sold to HGGC after growing revenue over 10x in a 13-year hold). The firm has received five consecutive Inc. Founder-Friendly Investors recognitions and was awarded PE Hub Deal of the Year for the SWDP transaction.
Montage Partners firmographics
Firmographics- Name
- Montage Partners
- Legal name
- Montage Partners
- Website
- https://montagepartners.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Montage Partners is a people-first private equity firm founded in 2004 that invests in founder-led businesses with $1.5M-$7M EBITDA across technology, healthcare, industrial, and consumer sectors, pairing capital with its Montage Accelerate™ operational support program.
- Ownership category
- akta.pro rank
Montage Partners industry classification
Industry- Product category
- Private Equity Investment Management
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Independent Sponsor / Fundless Sponsor ETA (FSANALAB)
Keywords
Where Montage Partners is headquartered
LocationHeadquarters
- HQ city
- Scottsdale
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Montage Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
Revenue model
- Management Fees and Carried Interest: Private equity revenue generated through management fees on committed capital and carried interest (performance fees) from successful portfolio company exits.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Investment criteria: $1.5M to $7M EBITDA companies |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Montage Partners product offering
Product offeringCore offering
Montage Partners is a people-first private equity firm that invests equity capital in established, founder-led lower-middle-market companies with $1.5M-$7M in EBITDA across technology and professional services, healthcare, industrial products and services, and consumer sectors. The firm provides more than just capital, pairing each investment with the proprietary Montage Accelerate program, which delivers hands-on support in strategic planning, marketing, acquisitions, executive recruitment, and operations.
Product overview
Montage Partners is a people-first private equity firm, not a software product company. The firm does not offer a traditional product platform or software suite. Instead, its core offering is private equity investment and partnership, supplemented by the Montage Accelerate™ program—a proprietary value-add service providing operational support to portfolio companies. Montage Accelerate™ is the only named service/module in their portfolio, offering strategic planning, marketing, acquisitions, recruiting, and operational assistance to founder-led businesses.
Differentiator
Problem solved
Functional benefit
Brands
- Montage Accelerate™: A proprietary program designed to provide founders and management teams with hands-on resources and tools to build upon their successful foundation and scale their companies faster, focusing on strategic planning, marketing, accounting, acquisitions, executive recruitment, and operations.
Products and services
- Private Equity Investments Equity capital investments in founder-led, established businesses in the lower middle market with $1.5M to $7M in EBITDA, across technology and professional services, healthcare, industrial products and services, and consumer sectors. Targets include growth capital, founder liquidity events, management buyouts, and corporate spinouts.
- Montage Accelerate A proprietary value-add program providing portfolio company founders and management teams with hands-on support across strategic planning, marketing, accounting, acquisitions, executive recruitment, and operations, delivered by dedicated Montage team members.
Quantifiable outcome
- 21 successful investments with 11 successful exits since 2004
- +4 more outcomes
Companies that use Montage Partners
Customer profileNamed customers5 records
Segments5 records
Montage Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Montage Partners partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor.
- RubinBrownminorAccounting and advisory firm collaborated with Montage Partners on content about tax considerations when selling a business, including asset sale vs. stock sale structures, capital gains taxation, and deal structure implications.
- Snell & WilmerminorPhoenix-based law firm collaborated on seller guide to post-closing terms including covenants, indemnities, purchase price adjustments, escrow arrangements, and representations and warranties insurance.
- Lincoln InternationalminorInvestment banking advisory firm partnered on content explaining how investment bankers help business owners sell their companies, including valuation, process guidance, and buyer relationships.
- National Bank of ArizonaminorArizona-based bank partnered with Montage Partners to host virtual founder panel event on selling a business and taking on investors, featuring transaction experts and founders who had been through sale processes.
Scale indicators7 records
Recent moves2 records
Expansion highlights5 records
Montage Partners competitors and assessment
Company assessmentDirect peers
- Renovus Capital Partners: Lower middle market PE firm focused on knowledge-based services, business services, and education companies with comparable fund size and founder-friendly approach in adjacent sectors.
- Wynnchurch Capital: Lower middle market PE firm investing in industrial, business services, and consumer companies with overlapping EBITDA ranges and similar value-creation orientation through operational support.
- Clearview Capital: Stamford-based lower middle market PE firm investing in founder/family-owned businesses with $3M-$15M EBITDA in business services, consumer, and industrial sectors, with a partnership philosophy similar to Montage.
- CIVC Partners: Chicago-based lower middle market PE firm investing in founder-led business services, consumer, and industrial companies with similar EBITDA ranges ($3M-$15M) and a partnership-style approach closely comparable to Montage.
- Gauge Capital: Dallas-based lower middle market PE firm partnering with founder and family-owned businesses in similar sectors including industrial, business services, and healthcare with comparable EBITDA targets and collaborative approach.
- Atlantic Street Capital: Stamford-based lower middle market PE firm focused on founder/family-owned businesses with $3M-$15M EBITDA across business services, healthcare, and industrial, comparable to Montage's niche and approach.
- Trinity Hunt Partners: Dallas-based lower middle market PE firm investing in founder-led services and consumer companies in similar EBITDA ranges, with comparable partnership-style approach and value-add operational support.
- Graycliff Partners: Lower middle market PE firm focused on partnering with founder-led businesses in industrial, business services, and consumer with comparable EBITDA thresholds and emphasis on management retention.
- Platte River Equity: Denver-based lower middle market PE firm focused on industrial products and services, business services, and consumer products. Montage VP Greg Ogard previously worked at Platte River, and both firms pursue similar founder-led strategies in the Mountain West.
Others
- HGGC: Mid-market PE firm that acquired Equity Methods from Montage in 2025. Demonstrates the typical buyer profile for Montage's successful exits (larger PE firms acquiring Montage's grown portfolio companies).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Montage Partners social profiles
Digital presenceMontage Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Montage Partners leadership team
Management profileNumber of profiles
Montage Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Montage Partners M&A and investment
M&A and investmentM&A8 records
Investments8 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Montage Partners
What does Montage Partners do?
Montage Partners is a people-first private equity firm that invests equity capital in established, founder-led lower-middle-market companies with $1.5M-$7M in EBITDA across technology and professional services, healthcare, industrial products and services, and consumer sectors. The firm provides more than just capital, pairing each investment with the proprietary Montage Accelerate program, which delivers hands-on support in strategic planning, marketing, acquisitions, executive recruitment, and operations.
Is Montage Partners a public or private company?
Montage Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Montage Partners founded?
Montage Partners was founded in 2004. It employs 1 to 10 people.
Where is Montage Partners based?
Montage Partners is headquartered in Scottsdale, United States, in the North America region.
How does Montage Partners make money?
One revenue line is on record: management Fees and Carried Interest.
Who are Montage Partners's main competitors?
Direct peers on record are Renovus Capital Partners, Wynnchurch Capital, Clearview Capital, CIVC Partners, Gauge Capital, Atlantic Street Capital, Trinity Hunt Partners, Graycliff Partners and Platte River Equity. HGGC is listed as an others.
Does Montage Partners have an API?
No public API is recorded for Montage Partners.
What industry is Montage Partners in?
Montage Partners's product category is Private Equity Investment Management. Its primary akta.pro industry code is FSANALAB, Independent Sponsor / Fundless Sponsor ETA. Its NAICS code is 525 and its SIC code is 6282.