Advantage Capital

Advantage Capital is a private equity firm founded in 1992 and headquartered in New Orleans, Louisiana, with additional offices across the United States. The firm specializes in growth equity, lending, and mezzanine debt capital investments, focusing on small businesses at various stages of development, excluding seed-stage companies. It aims to drive economic development in underserved communities, both urban and rural, by investing in sectors such as communication, information technology, manufacturing, pharmaceuticals, and renewable energy. Advantage Capital seeks to make initial investments ranging from $0.5 million to $10 million in companies with sales under $5 million and also provides various forms of debt capital, including senior and subordinated loans. The firm has invested over $3.8 billion in more than 800 portfolio companies and projects, supporting over 66,000 jobs nationwide. Its geographic focus includes states like Alabama, Connecticut, Florida, and Texas, among others, with a commitment to enhancing local economies through targeted financial solutions.

Mike Benson

Senior Vice President

Anthony Billings

Vice President

Trey Garland

Senior Associate and Investment Team Member

Christopher C. Harris

Principal

Joseph Henderson

Senior Vice President, Investment Team

Leah Hendricks

Vice President

Greg Hulecki

Venture Partner

Reid Hutchins

Principal

Sandra M. Moore

Managing Director, Chief Impact Officer

Scott Murphy

Managing Director and Chief Investment Officer

Jim O'Rourke

Managing Director

Justin N. Obletz

CFO

Tim Perusek

Principal

Damon L. Rawie

Managing Director

Sam Schlichting

Senior Associate, Investment Team

Steven T. Stull

President

Alexandra Twyman

Vice President and Investment Team Member

Benjamin T. Warning

Vice President

Jeffrey Gentsch

Venture Partner

J.P. Lynch

Vice President

Past deals in Louisiana

FlyGuys

Series A in 2023
FlyGuys, Inc. is a provider of comprehensive drone services, including surveying and mapping, asset inspections, progress monitoring, marketing media, aerial imaging, and custom aerial solutions. Established in 2014 and headquartered in Lafayette, Louisiana, the company operates additional locations throughout the United States. FlyGuys offers its services to a diverse range of sectors, such as industrial, energy and utilities, construction, agriculture, emergency services, real estate, and tourism. The company employs federally compliant drone pilots and specialists in digital media, marketing automation, and post-production editing, enabling them to deliver high-resolution imagery and data analysis. Their technology facilitates the creation of 3D maps and heat maps, enhancing job site safety and operational efficiency while providing clients with accessible and actionable aerial data.

FlyGuys

Series A in 2022
FlyGuys, Inc. is a provider of comprehensive drone services, including surveying and mapping, asset inspections, progress monitoring, marketing media, aerial imaging, and custom aerial solutions. Established in 2014 and headquartered in Lafayette, Louisiana, the company operates additional locations throughout the United States. FlyGuys offers its services to a diverse range of sectors, such as industrial, energy and utilities, construction, agriculture, emergency services, real estate, and tourism. The company employs federally compliant drone pilots and specialists in digital media, marketing automation, and post-production editing, enabling them to deliver high-resolution imagery and data analysis. Their technology facilitates the creation of 3D maps and heat maps, enhancing job site safety and operational efficiency while providing clients with accessible and actionable aerial data.

Neighbors

Debt Financing in 2021
Neighbors is a manufacturing company that focuses on producing cookie dough. It produces safe, high-quality products that are on-trend with consumer expectations and demand. The company is located in West Monroe, Louisiana.

Coastwide Electric

Debt Financing in 2021
Coastwide Electric is a repair and installation group that offers ship repair, building, and conversion. It provides technicians with experience in alarm and steering systems, USCG automation test and electrical construction, propulsion controls and generator systems, megger testing and A/C – D/C distribution systems, shipyard electrical systems maintenance and repair, commercial/industrial underground electrical installation, and vessel conversions. The company is based in Amelia, Louisiana.

Westport Linen Services

Debt Financing in 2021
Westport Linen Services partners with hospitals, ambulatory surgery centers, physician practices, and long-term care facilities to provide healthcare linen and garments and laundry services. It was established in 1999 in Baton Rouge, Louisiana.

Cecil D. Gassiott

Debt Financing in 2021
CDG is a general contractor that specializes in the construction of federal and state projects. It is headquartered in Alexandria, Louisiana.

T.I. Contracting

Debt Financing in 2021
Trucking Innovation is a trucking, hauling, logistics, and project management company. The company's field dispatchers, freight agents, truckers, and other professionals ensure that their project(s) receive the maximum production. The New Orleans, Louisiana-located company was founded in 2013.

Alta Max

Debt Financing in 2021
Alta Max, founded in 2001 and headquartered in New Orleans, Louisiana, specializes in the manufacturing of military and security packaging products. The company provides a range of offerings, including specialty packaging, tamper-evident security products, security seals, military and fiberboard packaging, sealants and adhesives, ammo boxes, bolt seals, cable seals, foam packaging, and plastic truck seals. Alta Max serves a diverse clientele by focusing on quality and security in its packaging solutions.

Westport Linen Services

Debt Financing in 2020
Westport Linen Services partners with hospitals, ambulatory surgery centers, physician practices, and long-term care facilities to provide healthcare linen and garments and laundry services. It was established in 1999 in Baton Rouge, Louisiana.

Lamm Food Service

Debt Financing in 2020
LAMM Food Service has been providing customers with high quality products and exceptional service to meet their unique food service needs. As a full line food distributor, LAMM carries a wide variety of name brand products from well-known national manufacturers – and we are also proud to support many local companies that manufacture Louisiana food products.

Big Easy Bucha

Debt Financing in 2018
Big Easy Bucha is a producer of healthy, refreshing, and organic kombucha beverages. The company's organic kombucha beverages are fermented tea packed to the brim with probiotics and are naturally carbonated and lightly sweetened, making it a better alternative to sugary sodas, enabling consumers to consume healthy drinks. It was established in 2014 in New Orleans, Louisiana.

Reliant Water Technologies

Debt Financing in 2018
Reliant Water Technologies is a marketing and manufacturing company supplying products to municipal/industrial wastewater and private fish/shrimp farming markets. The company's products answer common problems found in the treatment of water. It reduces sludge and optimizes wastewater plant processes for enhanced water quality, removes odor from ponds/lagoons, and activated sludge plants, saves electricity while aerating, reduces sludge and optimizes effluent water quality in wastewater treatment ponds and lagoons, uses ow energy continuous mixing of irrigation, potable water intake, and other lagoons/ponds where algae reduction or nutrient consistency is desired, eliminates odor in wastewater collection systems, provides concise digital profiling of the bottom of lagoons, ponds and lakes for determining solids/sludge buildup volumes, including exact solids formation location(s), bio-remediation of contaminated soils and water bodies, dissolves oxygen monitoring, and control, especially for harsh applications in wastewater and aquaculture lagoons, ponds, and waterways. It is headquartered in New Orleans, Louisiana.

Reliant Water Technologies

Debt Financing in 2017
Reliant Water Technologies is a marketing and manufacturing company supplying products to municipal/industrial wastewater and private fish/shrimp farming markets. The company's products answer common problems found in the treatment of water. It reduces sludge and optimizes wastewater plant processes for enhanced water quality, removes odor from ponds/lagoons, and activated sludge plants, saves electricity while aerating, reduces sludge and optimizes effluent water quality in wastewater treatment ponds and lagoons, uses ow energy continuous mixing of irrigation, potable water intake, and other lagoons/ponds where algae reduction or nutrient consistency is desired, eliminates odor in wastewater collection systems, provides concise digital profiling of the bottom of lagoons, ponds and lakes for determining solids/sludge buildup volumes, including exact solids formation location(s), bio-remediation of contaminated soils and water bodies, dissolves oxygen monitoring, and control, especially for harsh applications in wastewater and aquaculture lagoons, ponds, and waterways. It is headquartered in New Orleans, Louisiana.

Specialty Enhanced Imaging

Debt Financing in 2017
SEI HQ is a full-service local sign shop that provides custom signage, marketing, and graphics. The company is the custom signs and graphics source for aluminum signs, hanging pole signs, feather flags, bronze plaques, yard signs, digitally printed banners, vehicle wraps, fleet graphics, laser-cut acrylic letters, job site signs, vinyl and mesh banners, canopies and tents, formed plastic letters, magnetic signs, retractable banners, ada, tactile, and photopolymer, injection-molded letters, fabricated metal letters, monument signs, sandblasted signs, historical district signage, directory & wayfinding, extruded aluminum can signs, common channel signs, digital led boards, pylon/pole signs, channel letters, business cards, brochures, flyers, presentation folders, direct mailers, promotional products and much more. It is located in Slidell, Louisiana.

Long's Products

Debt Financing in 2017
Long's Product is a company based in Alexandria, Louisiana, specializing in the manufacturing and supply of paper and janitorial products. Founded in 1950 by Julian E. Long, the company produces a range of cleaning chemicals under the Pelican brand, including floor wax, floor stripper, degreasers, carpet shampoo, auto detailing chemicals, air fresheners, and toilet ring removers. In addition to these offerings, Long's Product supplies disinfectant wipes, sanitizing sprays, disinfectant sprays, glass cleaners, oven cleaners, and various related cleaning supplies to its clients. The company's focus is on providing effective and essential cleaning solutions for various commercial and institutional settings.

Joy Theater

Debt Financing in 2016
Joy Theater is a jewel-box theater that serves as an entertainment venue for live music, theatrical productions, and other special events. The place can accommodate up to 1,100 guests in an intimate setting. It was founded in 1947 in New Orleans, Louisiana.

New Orleans African American Museum

Debt Financing in 2016
New Orleans African American Museum mission is to preserve the history and elevate the art, culture, and contributions of African Americans.

Rotolo’s Pizzeria

Debt Financing in 2015
Rotolo’s Pizzeria is an Italian restaurant franchise that offers pick-up, dining, and catering for their specialty pizzas. The restaurant uses fresh ingredients to make its original dough with its homemade sauces and freshly prepared vegetables. It strives to provide customers with great quality food and service at an affordable price in a fun, family-friendly environment. It was established in 1996 in Baton Rouge by Mitch Rotolo.

Ashlar Holdings

Debt Financing in 2015
Ashlar Holdings, LLC operates in healthcare industry. The company was incorporated in 2006 and is based in Natchitoches, Lousiana.

Ashlar Holdings

Debt Financing in 2014
Ashlar Holdings, LLC operates in healthcare industry. The company was incorporated in 2006 and is based in Natchitoches, Lousiana.

Long's Products

Debt Financing in 2014
Long's Product is a company based in Alexandria, Louisiana, specializing in the manufacturing and supply of paper and janitorial products. Founded in 1950 by Julian E. Long, the company produces a range of cleaning chemicals under the Pelican brand, including floor wax, floor stripper, degreasers, carpet shampoo, auto detailing chemicals, air fresheners, and toilet ring removers. In addition to these offerings, Long's Product supplies disinfectant wipes, sanitizing sprays, disinfectant sprays, glass cleaners, oven cleaners, and various related cleaning supplies to its clients. The company's focus is on providing effective and essential cleaning solutions for various commercial and institutional settings.

Rotolo’s Pizzeria

Debt Financing in 2014
Rotolo’s Pizzeria is an Italian restaurant franchise that offers pick-up, dining, and catering for their specialty pizzas. The restaurant uses fresh ingredients to make its original dough with its homemade sauces and freshly prepared vegetables. It strives to provide customers with great quality food and service at an affordable price in a fun, family-friendly environment. It was established in 1996 in Baton Rouge by Mitch Rotolo.

Lamm Food Service

Debt Financing in 2013
LAMM Food Service has been providing customers with high quality products and exceptional service to meet their unique food service needs. As a full line food distributor, LAMM carries a wide variety of name brand products from well-known national manufacturers – and we are also proud to support many local companies that manufacture Louisiana food products.

North Cypress Fitness Center

Debt Financing in 2013
North Cypress Fitness is a cutting-edge fitness facility. It is located in Hammond Louisiana.

North Cypress Fitness Center

Debt Financing in 2012
North Cypress Fitness is a cutting-edge fitness facility. It is located in Hammond Louisiana.

Lamm Food Service

Debt Financing in 2012
LAMM Food Service has been providing customers with high quality products and exceptional service to meet their unique food service needs. As a full line food distributor, LAMM carries a wide variety of name brand products from well-known national manufacturers – and we are also proud to support many local companies that manufacture Louisiana food products.

DcR Engineering Services

Debt Financing in 2011
DcR Engineering Services, Inc. is a professional engineering firm based in Mulberry, Florida, with additional offices in Tampa, St. Louis, and Gonzales. Founded in 1983, the company specializes in mechanical, electrical, process, and civil engineering, offering a comprehensive range of services, including design, programming, startup support, project management, and construction management. DcR Engineering serves various industries such as fertilizer, citrus, water and wastewater, food and beverage, and power generation, as well as government and municipal clients. Their expertise extends to instrumentation and control systems, including reverse osmosis and water treatment facilities, along with the fabrication of control panels for various applications. The firm also provides automated system services and wireless control solutions, catering to both single-task projects and large-scale, multi-discipline endeavors.

Voodoo Production Services

Debt Financing in 2009
Voodoo Production Services is a production services company that produces films, documentaries, and television productions. The company is based in New Orleans, Louisiana.

Reliable Soils

Debt Financing in 2009
Reliable Soils is a wholesale and retail soil company that focuses on the landscape and gardening industry. The company started its business in 1943 and it is based in Kenner, Louisiana.

Aeropremier Jet Center

Debt Financing in 2009
AeroPremier Jet Center is a fixed-base operator that provides a range of general aviation services at the New Orleans Lakefront Airport. The facility boasts over 50,000 square feet of hangar space, accommodating aircraft up to a Gulfstream V. In addition to line and ramp services, AeroPremier offers certified maintenance support, complete concierge services, and ground transportation options. The center also facilitates multiple rental car choices, luxury hotel accommodations, and aircraft meal services, ensuring comprehensive support for both employees and guests.

Alta Max

Debt Financing in 2009
Alta Max, founded in 2001 and headquartered in New Orleans, Louisiana, specializes in the manufacturing of military and security packaging products. The company provides a range of offerings, including specialty packaging, tamper-evident security products, security seals, military and fiberboard packaging, sealants and adhesives, ammo boxes, bolt seals, cable seals, foam packaging, and plastic truck seals. Alta Max serves a diverse clientele by focusing on quality and security in its packaging solutions.

Aeropremier Jet Center

Venture Round in 2008
AeroPremier Jet Center is a fixed-base operator that provides a range of general aviation services at the New Orleans Lakefront Airport. The facility boasts over 50,000 square feet of hangar space, accommodating aircraft up to a Gulfstream V. In addition to line and ramp services, AeroPremier offers certified maintenance support, complete concierge services, and ground transportation options. The center also facilitates multiple rental car choices, luxury hotel accommodations, and aircraft meal services, ensuring comprehensive support for both employees and guests.

Aeropremier Jet Center

Debt Financing in 2008
AeroPremier Jet Center is a fixed-base operator that provides a range of general aviation services at the New Orleans Lakefront Airport. The facility boasts over 50,000 square feet of hangar space, accommodating aircraft up to a Gulfstream V. In addition to line and ramp services, AeroPremier offers certified maintenance support, complete concierge services, and ground transportation options. The center also facilitates multiple rental car choices, luxury hotel accommodations, and aircraft meal services, ensuring comprehensive support for both employees and guests.

Voodoo Production Services

Debt Financing in 2007
Voodoo Production Services is a production services company that produces films, documentaries, and television productions. The company is based in New Orleans, Louisiana.

Louisiana Technology Innovation Fund

Venture Round in 2006
The Louisiana Technology Innovation Fund (LTIF) was created by Act 481 of the 1997 Regular Legislative Session to provide "seed" money for innovative agency projects. The fund was created to be an incentive to accelerate the implementation of electronic government and to encourage state agencies to pursue innovative and creative approaches using technology to provide needed citizens services most cost-effectively and efficiently.

Louisiana Technology Innovation Fund

Venture Round in 2004
The Louisiana Technology Innovation Fund (LTIF) was created by Act 481 of the 1997 Regular Legislative Session to provide "seed" money for innovative agency projects. The fund was created to be an incentive to accelerate the implementation of electronic government and to encourage state agencies to pursue innovative and creative approaches using technology to provide needed citizens services most cost-effectively and efficiently.

HRI Properties

Debt Financing in 2003
HRI Properties, LLC is a real estate development company headquartered in New Orleans, Louisiana, founded in 1982. The company specializes in transforming urban spaces through the adaptive reuse of historic buildings and urban infill projects, focusing on the development of upscale hotels, apartments, and mixed-use properties. HRI Properties not only manages a diverse portfolio that includes hotels, resorts, retail spaces, and residential units but also offers a range of services such as property management, leasing, maintenance, and tax credit compliance. By revitalizing vacant buildings, the company aims to create desirable environments for living, working, and leisure, enhancing the urban experience in the areas it serves.

200 Carondelet

Debt Financing in 2001
200 Carondelet is a 24-story skyscraper with a styled facade from the past along with all the latest amenities. The community amenities include a fitness center featuring cardio theatre and MP3 connectivity, a WiFi hotspot, a community lounge with HDTV, a pool area, a conference room, a business center, and controlled/key fob access to the building. Contemporary gourmet kitchens, custom wood cabinetry, stainless steel energy star appliances, porcelain tile flooring, stylish Bali window shades, granite countertops throughout, fully furnished corporate units, frontloading washer and dryer in unit, hurricane impact windows, pre-wired for telephone, television, and internet, programmable climate control air conditioning, and breathtaking views of the Mississippi River and French Quarter are among the interior amenities. It was built in 1929 and listed on the National Register of Historic Places in 1986. It is based in New Orleans’ Central Business District.

Athena International

Venture Round in 1996
Athena International engages in providing telephone voice and data communications services. It was founded in the year 1994 and is located in New Orleans, Louisiana, United States.

First Access Mortgage

Venture Round in 1994
First Access Mortgage offers mortgage solutions for purchase, refinance, investment and improvement. It provides financing services to the customer that acquires loans. It is located in Mandeville Louisiana, USA.

Athena International

Debt Financing in 1994
Athena International engages in providing telephone voice and data communications services. It was founded in the year 1994 and is located in New Orleans, Louisiana, United States.

RM Construction of Louisiana

Debt Financing in 1994
RM Construction of Louisiana is a contracting company that focuses on commercial and residential construction. It is located in La, California, United States.

Taxi Ads

Debt Financing in 1994
Taxi Ads is a taxi back advertising company that provides advertising services. The company is based in New Orleans, Louisiana, United States.
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