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 Recycling

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.

Evertrak

Debt Financing in 2018
Evertrak manufactures glass fiber reinforced composite railroad ties made of recycled plastic and fiberglass.

Carolina Precision Fibers

Debt Financing in 2018
Carolina Precision Fibers Inc. is a manufacturer based in Ronda, North Carolina, specializing in construction materials and building products made from post-consumer recycled materials. The company produces a variety of products, including cellulose insulation, industrial fibers, hydroseeding mulch, and bonded fiber matrix (BFM) for erosion control. Their offerings also include additives and documents such as product specifications and material safety data sheets. By innovating in the use of recycled fiber, Carolina Precision Fibers significantly contributes to diverting post-consumer paper products from landfills, providing environmentally friendly solutions for various industrial applications, including absorbents, sealants, and fuel pellets. Founded in 2001, the company has established itself as a key player in the sustainable materials sector.

Carolina Precision Fibers

Convertible Note in 2018
Carolina Precision Fibers Inc. is a manufacturer based in Ronda, North Carolina, specializing in construction materials and building products made from post-consumer recycled materials. The company produces a variety of products, including cellulose insulation, industrial fibers, hydroseeding mulch, and bonded fiber matrix (BFM) for erosion control. Their offerings also include additives and documents such as product specifications and material safety data sheets. By innovating in the use of recycled fiber, Carolina Precision Fibers significantly contributes to diverting post-consumer paper products from landfills, providing environmentally friendly solutions for various industrial applications, including absorbents, sealants, and fuel pellets. Founded in 2001, the company has established itself as a key player in the sustainable materials sector.

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.

Advanced Enviro Systems

Debt Financing in 2017
Advanced Enviro Systems offers equipment, solutions, and innovations to reduce waste, solve problems, and enhance spaces. The company combines experience, technology, and the industry’s leading waste reduction equipment to design and implement programs that make sense for their clients. It is based in Camden, New Jersey, and was founded in 1996.

Advanced Enviro Systems

Series A in 2017
Advanced Enviro Systems offers equipment, solutions, and innovations to reduce waste, solve problems, and enhance spaces. The company combines experience, technology, and the industry’s leading waste reduction equipment to design and implement programs that make sense for their clients. It is based in Camden, New Jersey, and was founded in 1996.

Allied Molded Products

Debt Financing in 2017
Allied Molded Products specializes in manufacturing a variety of architectural products, including planters, recycling bins, and waste receptacles. The company serves a diverse clientele, including landscape architects, designers, property managers, and households. Its product range features receptacles and planters in various shapes and sizes, tailored to meet the needs of both commercial and residential applications.

Green Wizard Tire Recyclers

Debt Financing in 2015
Green Wizard Tire Recyclers is a Florida-based industrial enterprise.

Allied Molded Products

Debt Financing in 2014
Allied Molded Products specializes in manufacturing a variety of architectural products, including planters, recycling bins, and waste receptacles. The company serves a diverse clientele, including landscape architects, designers, property managers, and households. Its product range features receptacles and planters in various shapes and sizes, tailored to meet the needs of both commercial and residential applications.

Atlas Paper Mills

Debt Financing in 2014
Atlas Paper Mills is the leading US manufacturer of recycled paper products produced to anticipate and exceed the environmental stewardship and value needs of our customers. Atlas Paper Mills is based in Miami, Florida and is a leader in the production of tissue paper, utilizing 100% recycled fiber and a manufacturing process free of chlorine, chlorine derivatives or any other potentially harmful chemicals. Today, Atlas produces over 36,000 tons of recycled tissue products per year and converts approximately three million cases of Eco-friendly towels and tissue for use in the Away From Home and Retail Marketplace. In addition to toilet tissue, our paper lines can convert kitchen roll towels, hard-wound roll towels and center-pull towels. Atlas Paper Mills is committed to producing, in a highly cost effective manner, tissue products which are certifiably Green. Today, all products produced by Atlas are made from 100% Recycled Wastepaper Composed of more than 20% Post-Consumer Content 100% Chlorine-Free and produced in a Chlorine-Free Manufacturing Environment Produced using a source-reducing array of waste raw material sources (including aseptic packaging containers) thereby eliminating thousands of pounds of waste from entering landfills annually Qualified for LEED Certification points Representing exceptional customer value when compared to other Certifiably Green Tissue Based Products Atlas Paper Mills was truly "Born Green TM" and through advancements in its papermaking, manufacturing and converting processes, has become an even deeper shade of Green. Atlas focuses on the four R's of Environmental Stewardship: Recycle, Reuse, Reduce and Respect for our resources and our earth. To this end, the Atlas manufacturing process and our end products are dedicated to Saving trees, Saving landfill space, Saving water consumption and Saving energy.

Green Wizard Tire Recyclers

Debt Financing in 2014
Green Wizard Tire Recyclers is a Florida-based industrial enterprise.

Green Wizard Tire Recyclers

Debt Financing in 2013
Green Wizard Tire Recyclers is a Florida-based industrial enterprise.

RuMe

Debt Financing in 2013
RuMe Inc. is an online retailer based in Centennial, Colorado, specializing in reusable bags and travel accessories designed for environmentally and socially-conscious consumers. Established in 2010, the company offers a diverse range of products, including duffel bags, travel apparel, reusable totes, pouches, cord organizers, lunch bags, and laundry bags. RuMe's items are suitable for various applications, such as grocery shopping, gym use, and outdoor activities. The bags are crafted from durable, denier-polyester materials that can be reused and stored compactly, adhering to a no-waste philosophy in their design and packaging. RuMe's products are distributed internationally, reaching markets in countries like Japan, Australia, and New Zealand, among others.

City Carting & Recycling

Debt Financing in 2013
City Carting & Recycling is a waste management company based in Stamford, Connecticut, specializing in residential and commercial garbage collection and recycling services across Fairfield County, Connecticut, and Westchester County, New York. Founded in 1976, the company serves over 11,000 customers by offering curbside trash pickup, refuse and recycling collection, and demolition services. City Carting & Recycling also provides dumpster and container rentals, as well as compactor services for efficient waste management. The company operates volume reduction and recycling facilities in Stamford, Milford, Norwalk, and Somers, which are accessible to the public and other haulers. Additionally, it is experienced in delivering services that comply with US Green Building Council (USGBC) and Leadership in Energy and Environmental Design (LEED) standards. City Carting & Recycling is known for its commitment to efficient and environmentally responsible waste management solutions.

Allied Molded Products

Debt Financing in 2013
Allied Molded Products specializes in manufacturing a variety of architectural products, including planters, recycling bins, and waste receptacles. The company serves a diverse clientele, including landscape architects, designers, property managers, and households. Its product range features receptacles and planters in various shapes and sizes, tailored to meet the needs of both commercial and residential applications.

City Carting & Recycling

Venture Round in 2012
City Carting & Recycling is a waste management company based in Stamford, Connecticut, specializing in residential and commercial garbage collection and recycling services across Fairfield County, Connecticut, and Westchester County, New York. Founded in 1976, the company serves over 11,000 customers by offering curbside trash pickup, refuse and recycling collection, and demolition services. City Carting & Recycling also provides dumpster and container rentals, as well as compactor services for efficient waste management. The company operates volume reduction and recycling facilities in Stamford, Milford, Norwalk, and Somers, which are accessible to the public and other haulers. Additionally, it is experienced in delivering services that comply with US Green Building Council (USGBC) and Leadership in Energy and Environmental Design (LEED) standards. City Carting & Recycling is known for its commitment to efficient and environmentally responsible waste management solutions.

City Carting & Recycling

Series A in 2012
City Carting & Recycling is a waste management company based in Stamford, Connecticut, specializing in residential and commercial garbage collection and recycling services across Fairfield County, Connecticut, and Westchester County, New York. Founded in 1976, the company serves over 11,000 customers by offering curbside trash pickup, refuse and recycling collection, and demolition services. City Carting & Recycling also provides dumpster and container rentals, as well as compactor services for efficient waste management. The company operates volume reduction and recycling facilities in Stamford, Milford, Norwalk, and Somers, which are accessible to the public and other haulers. Additionally, it is experienced in delivering services that comply with US Green Building Council (USGBC) and Leadership in Energy and Environmental Design (LEED) standards. City Carting & Recycling is known for its commitment to efficient and environmentally responsible waste management solutions.

Waste Remedies

Debt Financing in 2012
Waste Remedies is a waste management consulting firm, saving clients an average of 30 - 50% off their current waste expenses. Their consultants apply years of industry knowledge to improve your bottom line. They offer a risk free program - their fees are calculated as a percentage of your actual monthly savings, so if they don't reduce your expenses, they receive no compensation. Your costs can only go down.

Carbolytic Materials

Debt Financing in 2012
Carbolytic Materials Company is the first company to successfully recover a carbon black alternative suitable for commercial use from existing rubber products. ApexCM pellets and powder provide excellent physical properties similar to those of carbon black. Their experienced rubber and plastics industry veterans help you incorporate high-quality, low-cost ApexCM into your manufacturing process instead of traditional carbon black.

Atlas Paper Mills

Debt Financing in 2012
Atlas Paper Mills is the leading US manufacturer of recycled paper products produced to anticipate and exceed the environmental stewardship and value needs of our customers. Atlas Paper Mills is based in Miami, Florida and is a leader in the production of tissue paper, utilizing 100% recycled fiber and a manufacturing process free of chlorine, chlorine derivatives or any other potentially harmful chemicals. Today, Atlas produces over 36,000 tons of recycled tissue products per year and converts approximately three million cases of Eco-friendly towels and tissue for use in the Away From Home and Retail Marketplace. In addition to toilet tissue, our paper lines can convert kitchen roll towels, hard-wound roll towels and center-pull towels. Atlas Paper Mills is committed to producing, in a highly cost effective manner, tissue products which are certifiably Green. Today, all products produced by Atlas are made from 100% Recycled Wastepaper Composed of more than 20% Post-Consumer Content 100% Chlorine-Free and produced in a Chlorine-Free Manufacturing Environment Produced using a source-reducing array of waste raw material sources (including aseptic packaging containers) thereby eliminating thousands of pounds of waste from entering landfills annually Qualified for LEED Certification points Representing exceptional customer value when compared to other Certifiably Green Tissue Based Products Atlas Paper Mills was truly "Born Green TM" and through advancements in its papermaking, manufacturing and converting processes, has become an even deeper shade of Green. Atlas focuses on the four R's of Environmental Stewardship: Recycle, Reuse, Reduce and Respect for our resources and our earth. To this end, the Atlas manufacturing process and our end products are dedicated to Saving trees, Saving landfill space, Saving water consumption and Saving energy.

City Carting & Recycling

Debt Financing in 2012
City Carting & Recycling is a waste management company based in Stamford, Connecticut, specializing in residential and commercial garbage collection and recycling services across Fairfield County, Connecticut, and Westchester County, New York. Founded in 1976, the company serves over 11,000 customers by offering curbside trash pickup, refuse and recycling collection, and demolition services. City Carting & Recycling also provides dumpster and container rentals, as well as compactor services for efficient waste management. The company operates volume reduction and recycling facilities in Stamford, Milford, Norwalk, and Somers, which are accessible to the public and other haulers. Additionally, it is experienced in delivering services that comply with US Green Building Council (USGBC) and Leadership in Energy and Environmental Design (LEED) standards. City Carting & Recycling is known for its commitment to efficient and environmentally responsible waste management solutions.

TwigTek

Venture Round in 2011
TwigTek offers solutions to remarket or recycle their old electronics.

Carbolytic Materials

Debt Financing in 2011
Carbolytic Materials Company is the first company to successfully recover a carbon black alternative suitable for commercial use from existing rubber products. ApexCM pellets and powder provide excellent physical properties similar to those of carbon black. Their experienced rubber and plastics industry veterans help you incorporate high-quality, low-cost ApexCM into your manufacturing process instead of traditional carbon black.

Carbolytic Materials

Debt Financing in 2010
Carbolytic Materials Company is the first company to successfully recover a carbon black alternative suitable for commercial use from existing rubber products. ApexCM pellets and powder provide excellent physical properties similar to those of carbon black. Their experienced rubber and plastics industry veterans help you incorporate high-quality, low-cost ApexCM into your manufacturing process instead of traditional carbon black.

Supreme Cleaning

Debt Financing in 2010
Supreme Cleaning provides the cleaning and janitorial services using green cleaning products. The firm employs environmentally friendly products that are safe for both clients and the environment. It also offers services in areas of lawn maintenance and landscaping, construction cleanup, pressure washing, window cleaning, and disaster restoration. It was founded by Charles E. Lewis and is based in Montgomery, Alabama.

EnviRelation

Debt Financing in 2010
EnviRelation is a provider for food-related businesses of food composting, emissions qualification, and sustainability reporting. It also provides environmental and green services to hospitality and tourism businesses. It was headquartered in Washington, District of Columbia.

Carbolytic Materials

Debt Financing in 2008
Carbolytic Materials Company is the first company to successfully recover a carbon black alternative suitable for commercial use from existing rubber products. ApexCM pellets and powder provide excellent physical properties similar to those of carbon black. Their experienced rubber and plastics industry veterans help you incorporate high-quality, low-cost ApexCM into your manufacturing process instead of traditional carbon black.

Carbolytic Materials

Series A in 2008
Carbolytic Materials Company is the first company to successfully recover a carbon black alternative suitable for commercial use from existing rubber products. ApexCM pellets and powder provide excellent physical properties similar to those of carbon black. Their experienced rubber and plastics industry veterans help you incorporate high-quality, low-cost ApexCM into your manufacturing process instead of traditional carbon black.

Waste Remedies

Series B in 2008
Waste Remedies is a waste management consulting firm, saving clients an average of 30 - 50% off their current waste expenses. Their consultants apply years of industry knowledge to improve your bottom line. They offer a risk free program - their fees are calculated as a percentage of your actual monthly savings, so if they don't reduce your expenses, they receive no compensation. Your costs can only go down.
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