Advantage Capital

Advantage Capital, established in 1992, is a venture capital firm specializing in growth equity, lending, and mezzanine debt capital investments. It focuses on small businesses, particularly those in low-income communities and underserved areas, supporting state and local economic development efforts. The firm invests across various industries, including manufacturing, technology, business services, and renewable energy, with a typical initial investment range of $0.5 million to $10 million. Advantage Capital provides debt capital in forms such as senior debt, subordinated loans, and government-guaranteed lending, as well as equity capital to real estate development firms. It operates from multiple offices across the United States, with a headquarters in New Orleans, Louisiana.

Al Alvarez

Director

Brian Anderson

Managing Director

Michael Benson

Senior Vice President

Anthony Billings

Senior Vice President and Investment Team Member

Adam Constantinides

Senior Vice President

Anaëlle Croteau

Vice President

Keith Freeman

Managing Director

Trey Garland

Senior Associate and Investment Team Member

Trey Garland

Senior Associate

Joseph Henderson

Senior Vice President

Joseph Henderson

Senior Vice President, Investment Team

Leah Hendricks

Senior Vice President, Investments Team

Reid Hutchins

Managing Director

Peter Lu

Senior Associate

David McNaught

Vice President

Arjun Mohan

Vice President

Sandra M. Moore

Managing Director, Chief Impact Officer

Jim O'Rourke

Managing Director

Justin N. Obletz

CFO and Managing Director

Tim Perusek

Principal and Investment Group Member

Josh Rogers

Principal

Gabe Rosen

Vice President

Sam Schlichting

Senior Associate, Investment Team

Talmadge Singer II

Managing Director

Matthew Switzer

Vice President

Tony Toups

Principal

Alexandra Twyman

Vice President and Investment Team Member

Benjamin Warning

Senior Vice President

J.P. Lynch

Vice President, Investments

Jeffrey Gentsch

Venture Partner

Past deals in Beverages

Farmstead Manufacturing

Seed Round in 2023
Farmstead Manufacturing is a croissant, donut, danish, and pastry provider to cafés, hotels, and wholesalers.

Kaldis Coffee Roasting Company

Debt Financing in 2020
Kaldis Coffee Roasting Company is a food and beverage company that sells coffee and provides coffee-related services. Their products include guatemala pedregal, ethiopia sheka haile natural, costa rica roger ureña hidalgo, fto peru rutas del inca, and honduras adelmo ramirez rivera. The company is committed to providing a memorable coffee experience for its customers and guests, as well as to sustainable business practices, educational opportunities, and community support.

Bakery on Main

Debt Financing in 2020
Bakery on Main passion has always been to bring their customers delicious baked products made with clean and natural ingredients. Their goal is to make you happy while helping to clean up their food supply and provide everyone with products that can be trusted by those who need it and delicious to everyone who tries it! They hope that enjoying their products makes you as HAPPY as it make them to make them for you!

Exclusive Imports

Debt Financing in 2019
Exclusive Imports is a private company based in Beverly Hills, California, specializing in the wholesale distribution of imported wines and distilled beverages. The company is dedicated to providing personalized service and support, ensuring that both businesses and their customers can fully appreciate and enjoy the diverse offerings of their imported products. Through its commitment to quality and customer satisfaction, Exclusive Imports aims to enhance the wine experience for all stakeholders involved.

Austin Eastciders

Convertible Note in 2019
Austin Eastciders, established in 2013 in Austin, Texas, specializes in producing a variety of premium ciders crafted from real apples sourced globally. The company aims to rekindle America's love for cider by offering diverse styles such as their Original Dry, Texas Honey, Hopped, Pineapple, and Blood Orange variants. Each cider is meticulously crafted using traditional methods to deliver unique, complex flavors at affordable prices.

Brew Dr. Kombucha

Debt Financing in 2019
Brew Dr. Kombucha, LLC, founded in 2008 and based in Portland, Oregon, is a manufacturer of organic kombucha made from high-quality tea, herbs, and roots. Operating as a subsidiary of Townshend's Tea Company, Brew Dr. Kombucha produces its beverages entirely in-house, taking care to brew organic tea blends that undergo a two-week probiotic fermentation process. This meticulous attention to quality allows the company to create flavors that are well-balanced and distinct, without the need for added flavors or juices. Brew Dr. Kombucha emphasizes the use of whole, organic ingredients, offering a range of flavors such as apple, mango, ginger lemon, and ginger turmeric, catering to health-conscious consumers seeking naturally made beverages.

Big Easy Bucha

Debt Financing in 2018
Big Easy Bucha is a producer of organic kombucha beverages based in New Orleans, Louisiana, established in 2014. The company specializes in healthy and refreshing drinks that are fermented tea rich in probiotics. Its product line includes organic kombucha, organic shots, and tepache, all designed to improve gut health and boost immunity. These beverages are naturally carbonated and lightly sweetened, providing a healthier alternative to sugary sodas for health-conscious consumers.

Bumpers America’s Favorite Foods

Debt Financing in 2018
Bumpers is a quick-service drive-in and drive-thru restaurant offering cooked-to-order food. The Bumpers menu features burgers, fresh-cut, hand-battered onion rings, chicken bites and chicken tenders, chili cheese dogs and many other hometown favorites.

Austin Eastciders

Venture Round in 2018
Austin Eastciders, established in 2013 in Austin, Texas, specializes in producing a variety of premium ciders crafted from real apples sourced globally. The company aims to rekindle America's love for cider by offering diverse styles such as their Original Dry, Texas Honey, Hopped, Pineapple, and Blood Orange variants. Each cider is meticulously crafted using traditional methods to deliver unique, complex flavors at affordable prices.

Austin Eastciders

Venture Round in 2017
Austin Eastciders, established in 2013 in Austin, Texas, specializes in producing a variety of premium ciders crafted from real apples sourced globally. The company aims to rekindle America's love for cider by offering diverse styles such as their Original Dry, Texas Honey, Hopped, Pineapple, and Blood Orange variants. Each cider is meticulously crafted using traditional methods to deliver unique, complex flavors at affordable prices.

Brew Dr. Kombucha

Debt Financing in 2017
Brew Dr. Kombucha, LLC, founded in 2008 and based in Portland, Oregon, is a manufacturer of organic kombucha made from high-quality tea, herbs, and roots. Operating as a subsidiary of Townshend's Tea Company, Brew Dr. Kombucha produces its beverages entirely in-house, taking care to brew organic tea blends that undergo a two-week probiotic fermentation process. This meticulous attention to quality allows the company to create flavors that are well-balanced and distinct, without the need for added flavors or juices. Brew Dr. Kombucha emphasizes the use of whole, organic ingredients, offering a range of flavors such as apple, mango, ginger lemon, and ginger turmeric, catering to health-conscious consumers seeking naturally made beverages.

Kaldis Coffee Roasting Company

Debt Financing in 2016
Kaldis Coffee Roasting Company is a food and beverage company that sells coffee and provides coffee-related services. Their products include guatemala pedregal, ethiopia sheka haile natural, costa rica roger ureña hidalgo, fto peru rutas del inca, and honduras adelmo ramirez rivera. The company is committed to providing a memorable coffee experience for its customers and guests, as well as to sustainable business practices, educational opportunities, and community support.

Dubuque Coffee Company

Debt Financing in 2016
Dubuque Coffee Company specializes in sourcing premium green coffees from diverse regions, including Central and South America, Africa, and Indonesia. The company offers a range of single-origin coffees and expertly crafted blends, with popular flavored options like Highlander Grog and Hazelnut. Each coffee is taste-tested prior to purchase to ensure that it meets the company's high standards for quality and flavor, allowing customers to experience a distinct and signature taste profile in every cup. By focusing on small-batch production and careful selection, Dubuque Coffee Company aims to redefine the art of coffee, providing a wide variety of flavors and preparations for coffee enthusiasts.

Brew Dr. Kombucha

Debt Financing in 2015
Brew Dr. Kombucha, LLC, founded in 2008 and based in Portland, Oregon, is a manufacturer of organic kombucha made from high-quality tea, herbs, and roots. Operating as a subsidiary of Townshend's Tea Company, Brew Dr. Kombucha produces its beverages entirely in-house, taking care to brew organic tea blends that undergo a two-week probiotic fermentation process. This meticulous attention to quality allows the company to create flavors that are well-balanced and distinct, without the need for added flavors or juices. Brew Dr. Kombucha emphasizes the use of whole, organic ingredients, offering a range of flavors such as apple, mango, ginger lemon, and ginger turmeric, catering to health-conscious consumers seeking naturally made beverages.

Dubuque Coffee Company

Debt Financing in 2015
Dubuque Coffee Company specializes in sourcing premium green coffees from diverse regions, including Central and South America, Africa, and Indonesia. The company offers a range of single-origin coffees and expertly crafted blends, with popular flavored options like Highlander Grog and Hazelnut. Each coffee is taste-tested prior to purchase to ensure that it meets the company's high standards for quality and flavor, allowing customers to experience a distinct and signature taste profile in every cup. By focusing on small-batch production and careful selection, Dubuque Coffee Company aims to redefine the art of coffee, providing a wide variety of flavors and preparations for coffee enthusiasts.

Arcobasso Foods

Debt Financing in 2015
Arcobasso Foods, Inc. is a manufacturer based in Hazelwood, Missouri, specializing in custom sauces, dressings, and beverage mixers. Established in 1986, the company has over 30 years of experience producing high-quality refrigerated and shelf-stable products for a diverse clientele, including multi-unit restaurant chains, retailers, convenience stores, grocery store chains, and food distributors. Arcobasso Foods operates a 60,000 square foot facility equipped with capabilities for various packaging formats, including retail, single-serve, multi-use for foodservice, and bulk products. The company focuses on delivering customizable solutions, allowing clients to enhance the quality, taste, and texture of their food offerings. As of 2019, Arcobasso Foods operates as a subsidiary of Golding Farms Foods, Inc.

Arkansas Glass Container Corporation

Debt Financing in 2015
Arkansas Glass Container Corporation, established in 1956 and headquartered in Jonesboro, Arkansas, specializes in the manufacturing and supply of glass containers primarily for the food and beverage industries. The company produces a variety of clear glass containers, including a patented line known as the Stout, which is designed for packaging sauces, beverages, and dressings. Additionally, Arkansas Glass Container Corporation serves niche markets by providing glass containers for products such as candles, jams, and jellies, ensuring a diverse portfolio that meets various packaging needs.

Arcobasso Foods

Debt Financing in 2014
Arcobasso Foods, Inc. is a manufacturer based in Hazelwood, Missouri, specializing in custom sauces, dressings, and beverage mixers. Established in 1986, the company has over 30 years of experience producing high-quality refrigerated and shelf-stable products for a diverse clientele, including multi-unit restaurant chains, retailers, convenience stores, grocery store chains, and food distributors. Arcobasso Foods operates a 60,000 square foot facility equipped with capabilities for various packaging formats, including retail, single-serve, multi-use for foodservice, and bulk products. The company focuses on delivering customizable solutions, allowing clients to enhance the quality, taste, and texture of their food offerings. As of 2019, Arcobasso Foods operates as a subsidiary of Golding Farms Foods, Inc.

Arcobasso Foods

Debt Financing in 2013
Arcobasso Foods, Inc. is a manufacturer based in Hazelwood, Missouri, specializing in custom sauces, dressings, and beverage mixers. Established in 1986, the company has over 30 years of experience producing high-quality refrigerated and shelf-stable products for a diverse clientele, including multi-unit restaurant chains, retailers, convenience stores, grocery store chains, and food distributors. Arcobasso Foods operates a 60,000 square foot facility equipped with capabilities for various packaging formats, including retail, single-serve, multi-use for foodservice, and bulk products. The company focuses on delivering customizable solutions, allowing clients to enhance the quality, taste, and texture of their food offerings. As of 2019, Arcobasso Foods operates as a subsidiary of Golding Farms Foods, Inc.

Brew Dr. Kombucha

Debt Financing in 2013
Brew Dr. Kombucha, LLC, founded in 2008 and based in Portland, Oregon, is a manufacturer of organic kombucha made from high-quality tea, herbs, and roots. Operating as a subsidiary of Townshend's Tea Company, Brew Dr. Kombucha produces its beverages entirely in-house, taking care to brew organic tea blends that undergo a two-week probiotic fermentation process. This meticulous attention to quality allows the company to create flavors that are well-balanced and distinct, without the need for added flavors or juices. Brew Dr. Kombucha emphasizes the use of whole, organic ingredients, offering a range of flavors such as apple, mango, ginger lemon, and ginger turmeric, catering to health-conscious consumers seeking naturally made beverages.

Sunflower Food & Spice Company

Debt Financing in 2012
Sunflower Food & Spice Company, established in 1994, is a Missouri-based business specializing in the production and distribution of seed and gourmet snack products. Its extensive portfolio includes sunny seed drops, nuts and seeds, cookies and candies, pretzels and popcorns, seed vinaigrettes, cheese and seed biscuits, and bagel spread mixes. The company serves a diverse range of clients, including gift basket companies, department stores, gourmet retailers, and the food service industry, primarily through specialty groceries, supermarkets, department stores, and retail chains.

Sunflower Food & Spice Company

Debt Financing in 2011
Sunflower Food & Spice Company, established in 1994, is a Missouri-based business specializing in the production and distribution of seed and gourmet snack products. Its extensive portfolio includes sunny seed drops, nuts and seeds, cookies and candies, pretzels and popcorns, seed vinaigrettes, cheese and seed biscuits, and bagel spread mixes. The company serves a diverse range of clients, including gift basket companies, department stores, gourmet retailers, and the food service industry, primarily through specialty groceries, supermarkets, department stores, and retail chains.

Sunflower Food & Spice Company

Debt Financing in 2010
Sunflower Food & Spice Company, established in 1994, is a Missouri-based business specializing in the production and distribution of seed and gourmet snack products. Its extensive portfolio includes sunny seed drops, nuts and seeds, cookies and candies, pretzels and popcorns, seed vinaigrettes, cheese and seed biscuits, and bagel spread mixes. The company serves a diverse range of clients, including gift basket companies, department stores, gourmet retailers, and the food service industry, primarily through specialty groceries, supermarkets, department stores, and retail chains.

Sunflower Food & Spice Company

Debt Financing in 2008
Sunflower Food & Spice Company, established in 1994, is a Missouri-based business specializing in the production and distribution of seed and gourmet snack products. Its extensive portfolio includes sunny seed drops, nuts and seeds, cookies and candies, pretzels and popcorns, seed vinaigrettes, cheese and seed biscuits, and bagel spread mixes. The company serves a diverse range of clients, including gift basket companies, department stores, gourmet retailers, and the food service industry, primarily through specialty groceries, supermarkets, department stores, and retail chains.

Sunflower Food & Spice Company

Venture Round in 2008
Sunflower Food & Spice Company, established in 1994, is a Missouri-based business specializing in the production and distribution of seed and gourmet snack products. Its extensive portfolio includes sunny seed drops, nuts and seeds, cookies and candies, pretzels and popcorns, seed vinaigrettes, cheese and seed biscuits, and bagel spread mixes. The company serves a diverse range of clients, including gift basket companies, department stores, gourmet retailers, and the food service industry, primarily through specialty groceries, supermarkets, department stores, and retail chains.

The Soda Fountain

Debt Financing in 2008
The Soda Fountain sells and provides sweet treats and desserts. It offers various kinds of snacks, from shakes, sandwiches, ice cream, and soft drinks. The Soda Fountain is based in Missouri, USA.

Niagara Dispensing Technologies

Venture Round in 2008
Niagara Dispensing Technologies develops and manufactures dispense systems for draft beer drinks. It provides high-speed and precision control technologies to pour quality draft beer. Niagara Dispensing Technologies was founded in 2006 and is based in New York, USA.

The Soda Fountain

Debt Financing in 2006
The Soda Fountain sells and provides sweet treats and desserts. It offers various kinds of snacks, from shakes, sandwiches, ice cream, and soft drinks. The Soda Fountain is based in Missouri, USA.

BIOTA Spring Water

Debt Financing in 2003
BIOTA Spring Water is the first bottled water company that manufactures bottled mineral water. BIOTA Spring Water is headquartered in Colorado, USA.
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