Montage Partners Sells Equity Methods to HGGC
- Editor
- 5 days ago
- 2 min read
Whats Happening:
Montage Partners, a private equity firm based in Scottsdale, Arizona, has successfully exited its investment in Equity Methods, a provider of stock-based compensation services. The company has been acquired by HGGC, a Palo Alto-based private equity firm with $8 billion in assets under management. This exit comes after 13 years of partnership, during which Equity Methods experienced significant growth and expansion.
Key Moves:
Montage Partners sells Equity Methods to HGGC after 13-year partnership
Equity Methods grew revenue by over 10x and scaled employee headcount by over 5x
The company expanded service lines and launched multiple proprietary software offerings
By The Numbers:
Equity Methods' revenue grew by over 10x during the partnership
Employee headcount scaled by over 5x
The company has been rated #1 in client satisfaction for 10 consecutive years
Key Quotes:
"We've been fortunate to partner with Equity Methods not only as investors, but as trusted collaborators, working closely with Takis Makridis and the team to support their long-term vision," said Jordan Tate, co-Managing Partner of Montage Partners.
"Montage Partners has been with us through every step of our journey, not just as investors but as trusted partners and friends," stated Takis Makridis, President and CEO of Equity Methods.
"Equity Methods exemplifies our commitment to partnering with exceptional management teams to build enduring, market-leading businesses," said Rob Wolfman, co-Managing Partner at Montage Partners.
Bottom Line:
Montage Partners' successful exit from Equity Methods demonstrates the fund's ability to create significant value through long-term partnerships. The 13-year investment resulted in substantial growth for Equity Methods, including a tenfold increase in revenue and fivefold expansion in employee headcount. This exit showcases Montage Partners' strategy of supporting management teams to build market-leading businesses.
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