Stout Advises PavCon on Its Sale to Trive Capital

Stout has advised PavCon (“PavCon” or the “Company”) on its sale to Trive Capital (“Trive”). Stout served as exclusive financial advisor to PavCon in connection with the transaction, which closed in January 2026.

PavCon is a leading provider of advanced predictive analytics and decision-support solutions serving the U.S. Department of War. The Company combines artificial intelligence, data analytics, and deep domain expertise to transform complex unstructured data into actionable insights on mission-critical supply chain and operational efficiency initiatives. Its solutions improve readiness, operational efficiency, and resource optimization across high-priority defense modernization and mission-readiness initiatives, generating measurable cost savings and enabling more informed decision making in complex operational environments.

This transaction closed out a record calendar year for Stout’s Aerospace, Defense, and Government Services team across the federal civilian, defense, and intelligence communities highlighted by multiple transactions in AI and data analytics, software development, defense electronics, satellite engineering, and health care IT modernization.

Cameron Hamilton, Managing Director at Stout, said, “This transaction reflects the differentiated, analytics-driven platform PavCon has built. It was a true honor to support Milissa and her management team through the sale process, and we are extremely proud of the team here that continues to deliver exceptional results for our clients in the sector.”

Milissa Pavlik, Founder and Chief Executive Officer of PavCon, commented, “Stout was a remarkable partner throughout the sale of our business — highly professional, deeply knowledgeable, and steady at every step of the process. Their exceptional industry expertise and experience allowed us to tailor our approach to help us find the best possible fit and achieve an outstanding result.”

With multiple growth partners to evaluate, the PavCon management team was focused on finding a partner that would continue to support the path that the Company had forged. Milissa further noted, “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.”

Lavanya Srinivasan Mo, Managing Director at Trive Capital, added, “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.”

Stout’s Cameron Hamilton, Brian Ali, Eric Fahmi, and Christian Siaton executed the transaction.

Bean, Kinney & Korman served as legal counsel to PavCon, and Willkie Farr & Gallagher LLP served as legal counsel to Trive Capital.