Advantage Capital Partners

Advantage Capital Partners is a United States‑based venture capital firm that provides growth equity, debt, and mezzanine financing to small and mid‑market companies, with a focus on underserved communities and state and local economic development. The firm invests across sectors including manufacturing, technology, business services, life sciences, and energy, and also supports real estate development projects with equity and debt. It typically makes initial investments ranging roughly from half a million to ten million in companies with modest sales, and may participate in larger follow‑on rounds or co‑invest with other firms. It uses senior debt, mezzanine debt, subordinated loans, and government‑guaranteed lending, and often pursues equity positions through preferred shares or convertible notes. Advantage Capital operates nationwide in the United States, with roots in New Orleans and offices in multiple states, and has backed thousands of jobs and housing projects as part of its mission to expand inclusive economic growth.

Al Alvarez

Director

Brian Anderson

Managing Director

Michael Benson

Senior Vice President

Anthony Billings

Vice President

Bitting, Thomas H.P.

Principal

Past deals in Fish

Fishpeople

Convertible Note in 2021
Fishpeople Seafood is a food production company founded in 2012 and headquartered in Portland, Oregon. The company specializes in providing sustainable seafood products to grocery retailers, aiming to disrupt the traditional seafood industry with innovative offerings. Fishpeople Seafood's product range includes wild American salmon, tuna, crab, and cod, all sourced sustainably. By focusing on authentic fish meat alternatives, Fishpeople Seafood enables consumers to embrace healthier and more environmentally responsible eating habits. The company is recognized for its rapid growth and commitment to sustainability in the seafood market.

Xtreme Boats

Debt Financing in 2019
Xtreme Boats is a manufacturer specializing in custom aluminum fishing boats. The company focuses on delivering high-quality, durable vessels tailored to meet the specific needs and preferences of its customers. By utilizing advanced manufacturing techniques and premium materials, Xtreme Boats ensures their products are both functional and reliable, catering to the demands of fishing enthusiasts. The company is committed to innovation and craftsmanship, positioning itself as a key player in the recreational boating industry.

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.

Fishpeople

Series B in 2017
Fishpeople Seafood is a food production company founded in 2012 and headquartered in Portland, Oregon. The company specializes in providing sustainable seafood products to grocery retailers, aiming to disrupt the traditional seafood industry with innovative offerings. Fishpeople Seafood's product range includes wild American salmon, tuna, crab, and cod, all sourced sustainably. By focusing on authentic fish meat alternatives, Fishpeople Seafood enables consumers to embrace healthier and more environmentally responsible eating habits. The company is recognized for its rapid growth and commitment to sustainability in the seafood market.

Excel Boats

Debt Financing in 2015
Excel Boats is an aluminum boat manufacturer based in Mountain View, Arkansas, specializing in durable boats tailored for outdoor recreational enthusiasts. The company produces a range of affordable and robust models aimed at meeting the specific needs of customers engaged in activities such as fishing and hunting. Excel Boats is known for its clean, spacious layouts and focus on comfort, ensuring that users can enjoy their time on the water. Additionally, the company provides valuable maintenance tips and advice to help customers care for their boats effectively.

Century Boats

Debt Financing in 2015
Century Boats is a classic American boat manufacturer known for luxurious yet rugged saltwater fishing craft. The company offers a full range of 22 to 32-foot fishing boats, including express, walk-around, dual console, and center console models designed to meet the demands of pleasure boaters and tournament anglers. In addition to fishing boats, Century Boats produces related accessories and higher-end vessels such as yachts and luxury boats to support travel and fishing on diverse marine terrains.

Excel Boats

Debt Financing in 2014
Excel Boats is an aluminum boat manufacturer based in Mountain View, Arkansas, specializing in durable boats tailored for outdoor recreational enthusiasts. The company produces a range of affordable and robust models aimed at meeting the specific needs of customers engaged in activities such as fishing and hunting. Excel Boats is known for its clean, spacious layouts and focus on comfort, ensuring that users can enjoy their time on the water. Additionally, the company provides valuable maintenance tips and advice to help customers care for their boats effectively.

SeaFarePacific

Debt Financing in 2013
SeaFarePacific offers sustainably sourced, wild-caught seafood in an environmentally-friendly pouch. The company offers four flavors of white meat albacore.
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