Advantage X

Advantage Capital is a venture capital firm founded in 1992 and based in New Orleans, Louisiana, with additional offices across the United States. The firm specializes in growth equity, lending, and mezzanine debt capital investments, primarily targeting small businesses at various stages of development, from early to later stages, excluding seed investments. Advantage Capital focuses on investing in low-income communities, both urban and rural, and supports state and local economic development initiatives. It seeks opportunities in sectors such as communication, information technology, telecommunications, business services, manufacturing, pharmaceuticals, biotechnology, life sciences, and energy, while also considering investments in rural agricultural businesses. The firm typically makes initial investments ranging from $0.5 million to $10 million in companies with sales of less than $5 million, with potential for larger investments based on milestones. Advantage Capital also provides various forms of debt capital and prefers co-investing with other firms. The firm is committed to addressing the financing needs of underserved areas and fostering economic growth in communities lacking traditional sources of risk capital.

Al Alvarez

Director

Brian Anderson

Managing Director

Anthony Billings

Senior Vice President and Investment Team Member

Bitting, Thomas H.P.

Managing Director

Adam Constantinides

Senior Vice President

Anaëlle Croteau

Vice President

Trey Garland

Senior Associate

Christopher C. Harris

Principal

Joseph Henderson

Senior Vice President

Leah Hendricks

Vice President

Reid Hutchins

Managing Director

Peter Lu

Senior Associate

David McNaught

Vice President

Arjun Mohan

Vice President

Sandra M. Moore

Managing Director / Chief Impact Officer

Scott Murphy

Managing Director and Chief Investment Officer

Justin N. Obletz

CFO and Managing Director

Tim Perusek

Principal and Investment Group Member

Keith Pettus

Principal

Damon L. Rawie

Managing Director

Josh Rogers

Principal

Gabe Rosen

Vice President

Talmadge Singer

Managing Director

Steven T. Stull

President

Matthew Switzer

Vice President

Tony Toups

Principal

Alexandra Twyman

Vice President

Benjamin T. Warning

Vice President

J.P. Lynch

Vice President

Past deals in Telecommunications

NUSO

Debt Financing in 2021
Provider of communication-focused cloud services intended to offer cost-effective communication in real-time through authorized channel partners. The company's services combine voice, mobility, messaging, presence and collaboration, enabling enterprise workforces to get the convenience of working anywhere with internet access.

Color Communications

Debt Financing in 2021
Color Communications, Inc. is a manufacturer of water-based color merchandising tools and products tailored for architectural, automotive, and industrial markets. Founded in 1972 and headquartered in Chicago, Illinois, the company produces a variety of offerings, including color cards, idea cards, single chips, and color coating systems. It specializes in advanced color replication methods, providing solutions such as ColorTac technology, which allows customers to visualize colors on their walls prior to purchase. Additionally, Color Communications distributes RAL color charts and serves specialized coating industries, enabling accurate color representation for decorative paint, stains, and coatings. The company operates manufacturing facilities in Chicago, Illinois; Castlerea, Ireland; Auckland, New Zealand; and Vilvoorde, Belgium, with sales offices located in various cities across the United States, Europe, and Asia.

SoTel Systems

Venture Round in 2020
SoTel Systems, LLC is the premier wholesale supplier for business communications products and services. They offer traditional refurbished and unused voice and data equipment, authorized distribution of VoIP equipment, and commercial SIP Services for both inbound and outbound traffic. With over 30 years of experience in the telecommunications industry they provide your company with quality products, valuable expertise, and lightning fast delivery.

SoTel Systems

Debt Financing in 2020
SoTel Systems, LLC is the premier wholesale supplier for business communications products and services. They offer traditional refurbished and unused voice and data equipment, authorized distribution of VoIP equipment, and commercial SIP Services for both inbound and outbound traffic. With over 30 years of experience in the telecommunications industry they provide your company with quality products, valuable expertise, and lightning fast delivery.

NUSO

Venture Round in 2020
Provider of communication-focused cloud services intended to offer cost-effective communication in real-time through authorized channel partners. The company's services combine voice, mobility, messaging, presence and collaboration, enabling enterprise workforces to get the convenience of working anywhere with internet access.

NUSO

Debt Financing in 2020
Provider of communication-focused cloud services intended to offer cost-effective communication in real-time through authorized channel partners. The company's services combine voice, mobility, messaging, presence and collaboration, enabling enterprise workforces to get the convenience of working anywhere with internet access.

NUSO

Series A in 2019
Provider of communication-focused cloud services intended to offer cost-effective communication in real-time through authorized channel partners. The company's services combine voice, mobility, messaging, presence and collaboration, enabling enterprise workforces to get the convenience of working anywhere with internet access.

North End Teleservices

Debt Financing in 2018
Provider of multi-channel contact center services intended to create jobs and change lives. The company focuses on the customization of client programs, quality assurance and client relationships, thereby providing outsourced services including customer service, sales, back-office support, overflow and after-hours support to government agencies as well as clients in the commercial and small and large B2B, B2C sectors that meet their specific needs.

SoTel Systems

Debt Financing in 2016
SoTel Systems, LLC is the premier wholesale supplier for business communications products and services. They offer traditional refurbished and unused voice and data equipment, authorized distribution of VoIP equipment, and commercial SIP Services for both inbound and outbound traffic. With over 30 years of experience in the telecommunications industry they provide your company with quality products, valuable expertise, and lightning fast delivery.

BroadRiver Communications

Debt Financing in 2015
BroadRiver Communications is a privately held IT solutions provider based in Atlanta, Georgia, specializing in cloud, voice, data, internet connectivity, hosting, colocation, and managed services. With a history spanning over 20 years, the company serves small to medium-sized businesses as well as larger enterprises. BroadRiver aims to simplify the complexities of business communications by integrating diverse services, allowing clients to avoid the challenges of coordinating multiple vendors. The company operates Tier 1 through Tier 4 data centers and focuses on delivering high-quality services tailored to meet the specific needs of its customers.

SoTel Systems

Debt Financing in 2015
SoTel Systems, LLC is the premier wholesale supplier for business communications products and services. They offer traditional refurbished and unused voice and data equipment, authorized distribution of VoIP equipment, and commercial SIP Services for both inbound and outbound traffic. With over 30 years of experience in the telecommunications industry they provide your company with quality products, valuable expertise, and lightning fast delivery.

Global Technology Solutions

Debt Financing in 2014
Global Technology Solutions, based in St. Louis, Missouri, is a minority, veteran-owned small business that specializes in information technology and telecommunications services. The company offers a range of solutions, including cyber security, network systems integration, business intelligence, software testing, and project management. In addition to these IT services, Global Technology Solutions also provides warehousing and logistics services, catering to a diverse clientele in various sectors.

C&M Corporation

Debt Financing in 2014
C&M Corporation specializes in the design and manufacturing of standard and custom cable products, including a diverse range of wires and cables, tray cables, industrial Ethernet cables, and specialized solutions for electric vehicles. Founded in 1964 and headquartered in Dayville, Connecticut, the company operates manufacturing facilities in Mexico and China. C&M Corporation serves various industries, including industrial, medical, military, and renewable energy sectors, providing products such as cable assemblies and over molded cable assemblies. The company emphasizes lean manufacturing processes and cycle time reduction to offer competitively priced products while maintaining compliance with RoHS standards. In 2017, C&M Corporation became a subsidiary of Winchester Electronics Corporation.

BinOptics

Venture Round in 2011
BinOptics Corporation is a manufacturer of monolithically integrated optoelectronic components, headquartered in Ithaca, New York. Founded in 2000, the company specializes in a variety of products including directly modulated Fabry-Perot lasers, distributed feedback lasers, and ring lasers. It also produces custom integrated chips, which consist of edge- and surface-emitting lasers, monitoring and high-speed photodetectors, electroabsorption modulators, semiconductor optical amplifiers, beam couplers and splitters, waveguides, and on-chip lenses. BinOptics' products are primarily utilized in datacom and telecommunication applications, such as gigabit Ethernet and passive optical networks (PON), as well as in advanced non-telecommunication applications.

Summit Broadband

Debt Financing in 2010
Summit Broadband Inc. is a telecommunications provider based in Orlando, Florida, offering a range of broadband communication services to residential and commercial customers across Central and Southwest Florida. Established in 2009, the company specializes in internet access through its fiber-optic network, along with cable television and digital telephone services, which include local and long-distance calling, voicemail, and advanced features for business communication. Summit Broadband aims to deliver fast and reliable internet connectivity, along with additional services such as ethernet and dark fiber transport, catering to the diverse needs of its clientele, including hotels and other businesses.

BroadRiver Communications

Venture Round in 2010
BroadRiver Communications is a privately held IT solutions provider based in Atlanta, Georgia, specializing in cloud, voice, data, internet connectivity, hosting, colocation, and managed services. With a history spanning over 20 years, the company serves small to medium-sized businesses as well as larger enterprises. BroadRiver aims to simplify the complexities of business communications by integrating diverse services, allowing clients to avoid the challenges of coordinating multiple vendors. The company operates Tier 1 through Tier 4 data centers and focuses on delivering high-quality services tailored to meet the specific needs of its customers.

XIOLINK

Debt Financing in 2010
Xiolink LLC specializes in IT solutions, focusing on infrastructure services that enhance organizational performance. The company offers a range of services, including business support, colocation, and private cloud computing. By providing streamlined applications for managing critical IT infrastructure, Xiolink aims to improve both operational efficiency and resource management for its clients.

Computime

Debt Financing in 2010
Computime 1, LLC, based in Saint Louis, Missouri, specializes in selling and distributing technology solutions, including electronic signature products, multi-touch monitors, display tablets, and related accessories. The company operates a distribution channel that serves resellers, end users, and distributors globally, as well as through online platforms. In addition to product sales, Computime offers a range of services encompassing high-tech sales consultations, logistics, asset management, and post-sales support. Their focus on customer service aims to meet high expectations and drive growth and profitability. Through detailed product selection and development consultations, Computime addresses contemporary business challenges, ensuring clients can provide innovative and high-quality solutions to their customers.

Computime

Debt Financing in 2009
Computime 1, LLC, based in Saint Louis, Missouri, specializes in selling and distributing technology solutions, including electronic signature products, multi-touch monitors, display tablets, and related accessories. The company operates a distribution channel that serves resellers, end users, and distributors globally, as well as through online platforms. In addition to product sales, Computime offers a range of services encompassing high-tech sales consultations, logistics, asset management, and post-sales support. Their focus on customer service aims to meet high expectations and drive growth and profitability. Through detailed product selection and development consultations, Computime addresses contemporary business challenges, ensuring clients can provide innovative and high-quality solutions to their customers.

XIOLINK

Debt Financing in 2009
Xiolink LLC specializes in IT solutions, focusing on infrastructure services that enhance organizational performance. The company offers a range of services, including business support, colocation, and private cloud computing. By providing streamlined applications for managing critical IT infrastructure, Xiolink aims to improve both operational efficiency and resource management for its clients.

Computime

Venture Round in 2009
Computime 1, LLC, based in Saint Louis, Missouri, specializes in selling and distributing technology solutions, including electronic signature products, multi-touch monitors, display tablets, and related accessories. The company operates a distribution channel that serves resellers, end users, and distributors globally, as well as through online platforms. In addition to product sales, Computime offers a range of services encompassing high-tech sales consultations, logistics, asset management, and post-sales support. Their focus on customer service aims to meet high expectations and drive growth and profitability. Through detailed product selection and development consultations, Computime addresses contemporary business challenges, ensuring clients can provide innovative and high-quality solutions to their customers.

XIOLINK

Debt Financing in 2008
Xiolink LLC specializes in IT solutions, focusing on infrastructure services that enhance organizational performance. The company offers a range of services, including business support, colocation, and private cloud computing. By providing streamlined applications for managing critical IT infrastructure, Xiolink aims to improve both operational efficiency and resource management for its clients.

Arc Solutions

Venture Round in 2007
Arc is a software development company that produces unified communications applications exclusively for enterprises that are utilizing Cisco technology for their communications. Part of the Mettoni group (an Enghouse Systems Limited company), Arc is a Cisco Technology Developer and OEM Partner, providing the large range of fully certified applications through a network of Cisco Business Partners around the world. Solutions include call handling and communications management tools which are designed to improve person to person communications within the enterprise. Arc provides a complete service to customers and business partners, from implementation and project management through to complex corporate directory integration services. By combining product expertise with local support and training services, Arc helps clients increase business efficiency, responsiveness and competitiveness, whilst improving customer service and reducing costs throughout their organization.

Arc Solutions

Venture Round in 2006
Arc is a software development company that produces unified communications applications exclusively for enterprises that are utilizing Cisco technology for their communications. Part of the Mettoni group (an Enghouse Systems Limited company), Arc is a Cisco Technology Developer and OEM Partner, providing the large range of fully certified applications through a network of Cisco Business Partners around the world. Solutions include call handling and communications management tools which are designed to improve person to person communications within the enterprise. Arc provides a complete service to customers and business partners, from implementation and project management through to complex corporate directory integration services. By combining product expertise with local support and training services, Arc helps clients increase business efficiency, responsiveness and competitiveness, whilst improving customer service and reducing costs throughout their organization.

Digium

Series A in 2006
Digium® is the innovative force behind Asterisk®, the world's most widely used open source telephony platform. In addition, Digium develops the software, hardware, and other components you'll need to create a unified communications solution for a small or medium business.

Digium

Debt Financing in 2006
Digium® is the innovative force behind Asterisk®, the world's most widely used open source telephony platform. In addition, Digium develops the software, hardware, and other components you'll need to create a unified communications solution for a small or medium business.

Allworx

Series A in 2005
Allworx specializes in developing and selling Voice Over IP (VoIP) phone systems tailored for small businesses with 3 to 150 users. The company aims to provide these businesses with advanced communication technologies typically accessible only to larger enterprises. Allworx's products integrate essential communication functionalities into a single system, which includes PBX and Key phone capabilities, secured Internet access, remote office support, and collaboration tools. Additionally, its offerings encompass messaging software for email, voicemail, unified messaging, follow-me calling, and group calendaring. The company operates through two primary divisions: Product, which focuses on the design, manufacturing, marketing, and sales of phone and network systems, and Consulting, which provides engineering services for software and digital hardware development.

Connexn Technologies

Series C in 2002
Connexn Technologies, Inc. operates as a technology-based cost and revenue assurance (CRA) company. It offers a blend of software and professional services for CRA programs.

Intelli-Tec Security Services

Debt Financing in 2001
Intelli-Tec Security Services is a security and investigations company providing fire and intrusion alarms services.
Partners Communications and Services consistently exceeds customer needs and expectations in terms of project specifications and timelines. Partners Communications and Services is located in Monroe, North Carolina.

Fortress Technologies

Venture Round in 1999
With over 65,000 systems currently deployed and serving as the infrastructure backbone of the largest Department of Defense (DoD) wireless mesh network, Fortress Technologies is the established leader in secure tactical wireless communications. Fortress delivers the most advanced solutions for deployable secure wireless mesh networks, designed specifically for highly mobile and rugged outdoor, tactical military and secure government environments. Leveraging a self forming, self healing, path-optimizing meshing protocol, Fortress' products incorporate government grade security algorithms and meet stringent environmental standards. Based on standard wireless technology uniquely enhanced for DoD requirements, Fortress' COTS+ solutions are purpose built for inclusion into standard or tailored in-theater communications systems. Fortress' secure wireless networking products and embedded solutions for government markets are intended for easy integration and technical insertion, enabling partners and customers to meet their most challenging wireless communications needs.

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.

Petroleum Communications

Venture Round in 1995
Petroleum Communications develops telecommunication network solutions. It provides voice and data communication services for the offshore oil and gas industry. Petroleum Communications was founded in 1983.

Wireless One Network

Debt Financing in 1995
Wireless One Network LP, doing business as Cellular One of Southwest Florida.

Wireless One Network

Venture Round in 1995
Wireless One Network LP, doing business as Cellular One of Southwest Florida.

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.
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