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

Vice President

Adam Constantinides

Senior Vice President

Anaƫlle Croteau

Vice President

Keith Freeman

Managing Director

Trey Garland

Senior Associate

Trey Garland

Senior Associate and Investment Team Member

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

Jeffrey Gentsch

Venture Partner

J.P. Lynch

Vice President, Investments

Past deals in Beverages

Farmstead Manufacturing

Seed Round in 2023
Farmstead Manufacturing is a croissant, donut, danish, and pastry provider to cafƩs, 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 ureƱa 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 understand the nuances of their wine selections. Through its commitment to quality and education, Exclusive Imports aims to enhance the overall experience of enjoying imported wines.

Austin Eastciders

Convertible Note in 2019
Austin Eastciders, Inc. is a cider producer based in Austin, Texas, established in 2013 with the mission of revitalizing interest in cider in the United States. The company specializes in crafting traditionally made ciders using real fruit, particularly sourcing cider apples from Europe along with bitter sharp varieties to achieve drier, smoother, and more complex flavors. Their product lineup began with the Original Dry cider and has since expanded to include a variety of styles, such as Texas Honey, Hopped, Pineapple, and Blood Orange, aimed at attracting a diverse range of cider enthusiasts. By focusing on quality ingredients and innovative flavors, Austin Eastciders offers consumers traditional American ciders at accessible prices.

Brew Dr. Kombucha

Debt Financing in 2019
Brew Dr. Kombucha, LLC is a manufacturer based in Portland, Oregon, specializing in organic kombucha crafted from tea, herbs, and roots. Established in 2008, the company produces its beverages entirely in-house, overseeing the process from leaf to bottle. Brew Dr. Kombucha emphasizes quality by utilizing whole, organic ingredients, with no added flavors or juices post-fermentation. The brewing process includes a two-week probiotic fermentation, resulting in a range of flavors that balance sweetness and tartness. Their offerings include popular varieties such as apple, mango, ginger lemon, and ginger turmeric, catering to consumers seeking healthy, organic beverage options. As a subsidiary of Townshend's Tea Company, Brew Dr. Kombucha is committed to delivering high-quality products that reflect its dedication to natural ingredients.

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 creating healthy, refreshing drinks that are fermented tea rich in probiotics. Their product line includes kombucha, organic shots, and tepache, all designed to promote gut health and boost immunity. By providing a naturally carbonated and lightly sweetened alternative to sugary sodas, Big Easy Bucha aims to support consumers in making healthier beverage choices.

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, Inc. is a cider producer based in Austin, Texas, established in 2013 with the mission of revitalizing interest in cider in the United States. The company specializes in crafting traditionally made ciders using real fruit, particularly sourcing cider apples from Europe along with bitter sharp varieties to achieve drier, smoother, and more complex flavors. Their product lineup began with the Original Dry cider and has since expanded to include a variety of styles, such as Texas Honey, Hopped, Pineapple, and Blood Orange, aimed at attracting a diverse range of cider enthusiasts. By focusing on quality ingredients and innovative flavors, Austin Eastciders offers consumers traditional American ciders at accessible prices.

Austin Eastciders

Venture Round in 2017
Austin Eastciders, Inc. is a cider producer based in Austin, Texas, established in 2013 with the mission of revitalizing interest in cider in the United States. The company specializes in crafting traditionally made ciders using real fruit, particularly sourcing cider apples from Europe along with bitter sharp varieties to achieve drier, smoother, and more complex flavors. Their product lineup began with the Original Dry cider and has since expanded to include a variety of styles, such as Texas Honey, Hopped, Pineapple, and Blood Orange, aimed at attracting a diverse range of cider enthusiasts. By focusing on quality ingredients and innovative flavors, Austin Eastciders offers consumers traditional American ciders at accessible prices.

Brew Dr. Kombucha

Debt Financing in 2017
Brew Dr. Kombucha, LLC is a manufacturer based in Portland, Oregon, specializing in organic kombucha crafted from tea, herbs, and roots. Established in 2008, the company produces its beverages entirely in-house, overseeing the process from leaf to bottle. Brew Dr. Kombucha emphasizes quality by utilizing whole, organic ingredients, with no added flavors or juices post-fermentation. The brewing process includes a two-week probiotic fermentation, resulting in a range of flavors that balance sweetness and tartness. Their offerings include popular varieties such as apple, mango, ginger lemon, and ginger turmeric, catering to consumers seeking healthy, organic beverage options. As a subsidiary of Townshend's Tea Company, Brew Dr. Kombucha is committed to delivering high-quality products that reflect its dedication to natural ingredients.

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 ureƱa 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 coffee beans from regions such as Central and South America, Africa, and Indonesia. The company focuses on both single-origin coffees and expertly crafted blends, ensuring a consistent quality that meets its signature taste profiles. In addition to its traditional offerings, Dubuque Coffee produces flavored coffees, including popular varieties like Highlander Grog and Hazelnut, which are created using the same high-quality beans and are mixed in small batches to maintain flavor integrity. Through meticulous selection and taste-testing processes, Dubuque Coffee aims to provide a diverse and satisfying coffee experience for its customers.

Brew Dr. Kombucha

Debt Financing in 2015
Brew Dr. Kombucha, LLC is a manufacturer based in Portland, Oregon, specializing in organic kombucha crafted from tea, herbs, and roots. Established in 2008, the company produces its beverages entirely in-house, overseeing the process from leaf to bottle. Brew Dr. Kombucha emphasizes quality by utilizing whole, organic ingredients, with no added flavors or juices post-fermentation. The brewing process includes a two-week probiotic fermentation, resulting in a range of flavors that balance sweetness and tartness. Their offerings include popular varieties such as apple, mango, ginger lemon, and ginger turmeric, catering to consumers seeking healthy, organic beverage options. As a subsidiary of Townshend's Tea Company, Brew Dr. Kombucha is committed to delivering high-quality products that reflect its dedication to natural ingredients.

Dubuque Coffee Company

Debt Financing in 2015
Dubuque Coffee Company specializes in sourcing premium green coffee beans from regions such as Central and South America, Africa, and Indonesia. The company focuses on both single-origin coffees and expertly crafted blends, ensuring a consistent quality that meets its signature taste profiles. In addition to its traditional offerings, Dubuque Coffee produces flavored coffees, including popular varieties like Highlander Grog and Hazelnut, which are created using the same high-quality beans and are mixed in small batches to maintain flavor integrity. Through meticulous selection and taste-testing processes, Dubuque Coffee aims to provide a diverse and satisfying coffee experience for its customers.

Arcobasso Foods

Debt Financing in 2015
Arcobasso Foods, Inc. is a manufacturer specializing in custom sauces, dressings, and beverage mixers, with a focus on refrigerated products. Established in 1986, the company operates from a 60,000 square foot facility in Hazelwood, Missouri, offering a range of bottling and packaging options, including retail, single-serve, and bulk formats tailored for foodservice clients. Arcobasso Foods serves a diverse clientele, including multi-unit restaurant chains, retailers, convenience stores, grocery chains, and food distributors. The company is known for its commitment to producing high-quality products that can be customized to enhance flavor, texture, and overall quality, catering to the specific needs of its customers. As of May 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 located in Jonesboro, Arkansas, specializes in the manufacturing and supply of glass containers primarily for the food and beverage industries. The company produces clear glass packaging suitable for various products, including candles, jams, jellies, sauces, beverages, and dressings. Among its offerings is a line of patented-design containers known as the Stout, which caters to a diverse range of packaging needs.

Arcobasso Foods

Debt Financing in 2014
Arcobasso Foods, Inc. is a manufacturer specializing in custom sauces, dressings, and beverage mixers, with a focus on refrigerated products. Established in 1986, the company operates from a 60,000 square foot facility in Hazelwood, Missouri, offering a range of bottling and packaging options, including retail, single-serve, and bulk formats tailored for foodservice clients. Arcobasso Foods serves a diverse clientele, including multi-unit restaurant chains, retailers, convenience stores, grocery chains, and food distributors. The company is known for its commitment to producing high-quality products that can be customized to enhance flavor, texture, and overall quality, catering to the specific needs of its customers. As of May 2019, Arcobasso Foods operates as a subsidiary of Golding Farms Foods, Inc.

Arcobasso Foods

Debt Financing in 2013
Arcobasso Foods, Inc. is a manufacturer specializing in custom sauces, dressings, and beverage mixers, with a focus on refrigerated products. Established in 1986, the company operates from a 60,000 square foot facility in Hazelwood, Missouri, offering a range of bottling and packaging options, including retail, single-serve, and bulk formats tailored for foodservice clients. Arcobasso Foods serves a diverse clientele, including multi-unit restaurant chains, retailers, convenience stores, grocery chains, and food distributors. The company is known for its commitment to producing high-quality products that can be customized to enhance flavor, texture, and overall quality, catering to the specific needs of its customers. As of May 2019, Arcobasso Foods operates as a subsidiary of Golding Farms Foods, Inc.

Brew Dr. Kombucha

Debt Financing in 2013
Brew Dr. Kombucha, LLC is a manufacturer based in Portland, Oregon, specializing in organic kombucha crafted from tea, herbs, and roots. Established in 2008, the company produces its beverages entirely in-house, overseeing the process from leaf to bottle. Brew Dr. Kombucha emphasizes quality by utilizing whole, organic ingredients, with no added flavors or juices post-fermentation. The brewing process includes a two-week probiotic fermentation, resulting in a range of flavors that balance sweetness and tartness. Their offerings include popular varieties such as apple, mango, ginger lemon, and ginger turmeric, catering to consumers seeking healthy, organic beverage options. As a subsidiary of Townshend's Tea Company, Brew Dr. Kombucha is committed to delivering high-quality products that reflect its dedication to natural ingredients.

Sunflower Food & Spice Company

Debt Financing in 2012
Sunflower Food & Spice Company specializes in producing and marketing gourmet snacks and sunflower seed products in the United States. Founded in 1994 and based in Lenexa, Kansas, the company offers a diverse range of products, including cookies, popcorn, chocolate-covered sunflower seeds, nuts, pretzel snacks, and specialty vinaigrettes. Sunflower Food & Spice serves various markets, supplying gift basket companies, gourmet retailers, and the food service industry. Its products are available through specialty groceries, supermarkets, department stores, and retail chains, alongside its e-commerce platform, which enhances accessibility for customers seeking sweet and savory snacks.

Sunflower Food & Spice Company

Debt Financing in 2011
Sunflower Food & Spice Company specializes in producing and marketing gourmet snacks and sunflower seed products in the United States. Founded in 1994 and based in Lenexa, Kansas, the company offers a diverse range of products, including cookies, popcorn, chocolate-covered sunflower seeds, nuts, pretzel snacks, and specialty vinaigrettes. Sunflower Food & Spice serves various markets, supplying gift basket companies, gourmet retailers, and the food service industry. Its products are available through specialty groceries, supermarkets, department stores, and retail chains, alongside its e-commerce platform, which enhances accessibility for customers seeking sweet and savory snacks.

Sunflower Food & Spice Company

Debt Financing in 2010
Sunflower Food & Spice Company specializes in producing and marketing gourmet snacks and sunflower seed products in the United States. Founded in 1994 and based in Lenexa, Kansas, the company offers a diverse range of products, including cookies, popcorn, chocolate-covered sunflower seeds, nuts, pretzel snacks, and specialty vinaigrettes. Sunflower Food & Spice serves various markets, supplying gift basket companies, gourmet retailers, and the food service industry. Its products are available through specialty groceries, supermarkets, department stores, and retail chains, alongside its e-commerce platform, which enhances accessibility for customers seeking sweet and savory snacks.

Sunflower Food & Spice Company

Debt Financing in 2008
Sunflower Food & Spice Company specializes in producing and marketing gourmet snacks and sunflower seed products in the United States. Founded in 1994 and based in Lenexa, Kansas, the company offers a diverse range of products, including cookies, popcorn, chocolate-covered sunflower seeds, nuts, pretzel snacks, and specialty vinaigrettes. Sunflower Food & Spice serves various markets, supplying gift basket companies, gourmet retailers, and the food service industry. Its products are available through specialty groceries, supermarkets, department stores, and retail chains, alongside its e-commerce platform, which enhances accessibility for customers seeking sweet and savory snacks.

Sunflower Food & Spice Company

Venture Round in 2008
Sunflower Food & Spice Company specializes in producing and marketing gourmet snacks and sunflower seed products in the United States. Founded in 1994 and based in Lenexa, Kansas, the company offers a diverse range of products, including cookies, popcorn, chocolate-covered sunflower seeds, nuts, pretzel snacks, and specialty vinaigrettes. Sunflower Food & Spice serves various markets, supplying gift basket companies, gourmet retailers, and the food service industry. Its products are available through specialty groceries, supermarkets, department stores, and retail chains, alongside its e-commerce platform, which enhances accessibility for customers seeking sweet and savory snacks.

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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