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

Anaëlle Croteau

Vice President

Trey Garland

Senior Associate

Trey Garland

Senior Associate and Investment Team Member

Christopher C. Harris

Principal

Joseph Henderson

Senior Vice President

Joseph Henderson

Senior Vice President, Investment Team

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

Jim O'Rourke

Managing Director

Justin N. Obletz

CFO

Tim Perusek

Principal

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 Mechanical Engineering

UMECC

Private Equity Round in 2025
Umecc specializes in the production of metallurgical equipment and spare parts for the steel manufacturing industry. The company manufactures a diverse range of products, including rolling mill machinery, crushers, coke oven doors, gas valves, grate bar castings, circular coolers, blast furnaces, and gas purging systems. Umecc operates multiple manufacturing facilities and offers its products and services either individually or as part of a comprehensive package that includes all necessary engineering services.

Whitman Controls

Private Equity Round in 2024
Whitman Controls is a manufacturer based in Bristol, Connecticut, specializing in custom-engineered industrial automation solutions. The company designs and produces a wide range of miniature pressure, vacuum, temperature, and liquid level switches and sensors tailored for various original equipment manufacturer (OEM) applications. By focusing on custom specifications, Whitman Controls provides clients with products that meet their precise needs, ensuring reliability and efficiency in industrial processes.

Kirin Manufacturing

Debt Financing in 2021
Kirin Manufacturing is a well-known producer of custom precision sheet metal and machined products.

Vineburg Machining

Debt Financing in 2021
Vineburg Machining, Inc. (VMI) is a full service job shop focused on providing machining services for manufacturing companies throughout the United States . The company was established in Sonoma, CA. in 1977. Since then, VMI has moved its production facility to Carson City, NV. We have recently purchased several state of the art CNC machines and multi-spindles which will greatly improve overall efficiency and sophistication of machining processes. VMI's commitment to produce quality parts has been a company wide focus. VMI has implemented a continuous improvement program into all areas of the business. Thus allowing VMI to attain ISO 9001:2008. VMI's goal is to provide their customers with a seamless transition from the plant floor to their facility, while maintaining quality, cost effectiveness and efficiency.

Advance Industrial Maintenance & Machine

Debt Financing in 2020
Advance Industrial Maintenance and Machine focuses on providing industrial solutions. The company offers engineering, machine design, fabrication, machine shop, plant maintenance, process cooling, powder coating, and blasting services. It is headquartered in Augusta, Georgia.

Micro Precision Group

Debt Financing in 2019
Micro Precision Group, Inc. is a manufacturer of precision machined components and mechanical assemblies, primarily serving the U.S. Department of Defense, aerospace, nuclear, commercial, and homeland security sectors. Established in 1981 and based in South Windham, Connecticut, the company operates additional facilities in Maine. Micro Precision produces a range of products including hydraulic accumulators, valves, actuators, manifold assemblies, and specialized equipment for weapons handling and periscope hoisting. Additionally, the company offers precision tools, prototype aerospace parts, and various air horns for the railroad industry. By working closely with customers, Micro Precision aims to deliver high-quality components that meet the demands of their specialized markets.

Advanced Metal Components

Debt Financing in 2019
Advanced Metal Components, based in Swainsboro, Georgia, specializes in the precision manufacturing of sheet metal components. The company offers a range of services, including precision sheet metal fabrication, welding, powder coating, and contract manufacturing, supported by capabilities in product design, marketing, and customer service.

Vineburg Machining

Debt Financing in 2019
Vineburg Machining, Inc. (VMI) is a full service job shop focused on providing machining services for manufacturing companies throughout the United States . The company was established in Sonoma, CA. in 1977. Since then, VMI has moved its production facility to Carson City, NV. We have recently purchased several state of the art CNC machines and multi-spindles which will greatly improve overall efficiency and sophistication of machining processes. VMI's commitment to produce quality parts has been a company wide focus. VMI has implemented a continuous improvement program into all areas of the business. Thus allowing VMI to attain ISO 9001:2008. VMI's goal is to provide their customers with a seamless transition from the plant floor to their facility, while maintaining quality, cost effectiveness and efficiency.

Vineburg Machining

Debt Financing in 2017
Vineburg Machining, Inc. (VMI) is a full service job shop focused on providing machining services for manufacturing companies throughout the United States . The company was established in Sonoma, CA. in 1977. Since then, VMI has moved its production facility to Carson City, NV. We have recently purchased several state of the art CNC machines and multi-spindles which will greatly improve overall efficiency and sophistication of machining processes. VMI's commitment to produce quality parts has been a company wide focus. VMI has implemented a continuous improvement program into all areas of the business. Thus allowing VMI to attain ISO 9001:2008. VMI's goal is to provide their customers with a seamless transition from the plant floor to their facility, while maintaining quality, cost effectiveness and efficiency.

Ability Engineering Technology

Debt Financing in 2017
AET is an engineering, design, and manufacturing company that focuses on providing engineered, cryogenic, and process equipment and precision-machined parts for application within the energy, industrial, and scientific market segments. It specializes in the design of customized vessels and piping assemblies used in a variety of temperature and pressure ranges, which includes cryogenic applications. Furthermore, as a fully certified ASME Code Section VIII Division 1 facility, the company has only ASME-certified welders. In addition to providing quality product and workmanship throughout the process, AET includes a full document package with each shipment. A sample of AET’s document package structure can be provided upon request. The majority of the company's solutions are used throughout the liquid-gas supply chain for the purification, liquefaction, distribution, storage, and end-use of gases and hydrocarbons. This includes cryogenic transfer, storage, and processing such as vacuum insulated piping, dewars, valve boxes, and expansion cans. In addition to vessels and cryogenic equipment, AET designs and manufacture precision-machined and water-jet cut parts. It is founded in South Holland, Illinois.

Air Temp Mechanical Services

Debt Financing in 2016
Air Temp Mechanical Services, Inc. is a mechanical contractor based in Southington, Connecticut, specializing in the maintenance and service of commercial and industrial HVAC systems. Established in 1978, the company offers a comprehensive range of services, including design build, preventive maintenance, energy management, and building automation solutions. Its expertise encompasses the installation and servicing of large tonnage chillers, rooftops, ductless VRV/VRF systems, and industrial boilers. Additionally, Air Temp provides technical services related to environmental control systems, process piping, and HVAC systems, catering to a diverse clientele in sectors such as healthcare, education, manufacturing, and government. The company is dedicated to delivering effective mechanical solutions and maintaining optimal system performance for its clients.

Air Temp Mechanical Services

Debt Financing in 2015
Air Temp Mechanical Services, Inc. is a mechanical contractor based in Southington, Connecticut, specializing in the maintenance and service of commercial and industrial HVAC systems. Established in 1978, the company offers a comprehensive range of services, including design build, preventive maintenance, energy management, and building automation solutions. Its expertise encompasses the installation and servicing of large tonnage chillers, rooftops, ductless VRV/VRF systems, and industrial boilers. Additionally, Air Temp provides technical services related to environmental control systems, process piping, and HVAC systems, catering to a diverse clientele in sectors such as healthcare, education, manufacturing, and government. The company is dedicated to delivering effective mechanical solutions and maintaining optimal system performance for its clients.

Kay Manufacturing

Debt Financing in 2015
Kay Manufacturing Company, Inc., established in 1946, is a precision machining specialist based in Calumet City, Illinois. The company focuses on producing high-precision components, primarily serving the automotive industry, with additional clients in sectors such as agriculture, ordnance, aerospace, and energy. Kay Manufacturing specializes in machining forged materials, utilizing automated and lean production techniques to deliver advanced parts at competitive costs.

Conway Machine

Debt Financing in 2015
Conway Machine, Inc. is a manufacturer based in Conway, Arkansas, specializing in fabricated replacement parts for die cutters and printers. Established in 1972, the company serves the folding carton and corrugated board industries by providing essential components such as gripper bars, sprockets, and strip pins. These products are designed to support various brands of machinery, helping customers enhance their quality management systems and improve overall quality, cost efficiency, and delivery times.

Vineburg Machining

Debt Financing in 2014
Vineburg Machining, Inc. (VMI) is a full service job shop focused on providing machining services for manufacturing companies throughout the United States . The company was established in Sonoma, CA. in 1977. Since then, VMI has moved its production facility to Carson City, NV. We have recently purchased several state of the art CNC machines and multi-spindles which will greatly improve overall efficiency and sophistication of machining processes. VMI's commitment to produce quality parts has been a company wide focus. VMI has implemented a continuous improvement program into all areas of the business. Thus allowing VMI to attain ISO 9001:2008. VMI's goal is to provide their customers with a seamless transition from the plant floor to their facility, while maintaining quality, cost effectiveness and efficiency.

Conway Machine

Debt Financing in 2014
Conway Machine, Inc. is a manufacturer based in Conway, Arkansas, specializing in fabricated replacement parts for die cutters and printers. Established in 1972, the company serves the folding carton and corrugated board industries by providing essential components such as gripper bars, sprockets, and strip pins. These products are designed to support various brands of machinery, helping customers enhance their quality management systems and improve overall quality, cost efficiency, and delivery times.

Kay Manufacturing

Debt Financing in 2014
Kay Manufacturing Company, Inc., established in 1946, is a precision machining specialist based in Calumet City, Illinois. The company focuses on producing high-precision components, primarily serving the automotive industry, with additional clients in sectors such as agriculture, ordnance, aerospace, and energy. Kay Manufacturing specializes in machining forged materials, utilizing automated and lean production techniques to deliver advanced parts at competitive costs.

Crane Cams

Debt Financing in 2013
Crane Cams, founded in 1953 by Harvey Crane in Hallandale, Florida, specializes in manufacturing performance camshafts and valve train components for various markets, including OEM and replacement parts. The company emerged from Crane's personal experience with camshaft design, driven by a desire for improved engine performance in his hot rod. Today, Crane Cams utilizes advanced research and development resources, featuring state-of-the-art CNC machining centers, dyno cells, and a fully certified emissions lab. With an extensive database of over 80,000 camshaft profiles and a commitment to quality control through modern optical and measurement technologies, the company ensures precise and powerful camshaft production. Crane Cams serves a wide range of applications, including motorsports, marine, motorcycles, and aircraft, bolstered by a knowledgeable technical staff with significant industry experience.

Mason Manufacturing

Debt Financing in 2012
Mason Manufacturing is a prominent custom fabrication producer specializing in shell and tube heat exchangers, ASME pressure vessels, columns, tanks, and various industrial products. With over 60 years of experience, the company has built a strong reputation for quality and reliability across diverse processing industries, including grain processing, oilseed, biotechnology, chemical, petrochemical, and water treatment. Mason Manufacturing is committed to delivering custom fabrication solutions that meet specific customer requirements and adhere to applicable codes and industry standards. In addition to its core manufacturing capabilities, the company offers services such as cutting, sandblasting, heat treatment, and special handling, ensuring safe, timely, and cost-effective delivery of its products.

Mason Manufacturing

Series B in 2012
Mason Manufacturing is a prominent custom fabrication producer specializing in shell and tube heat exchangers, ASME pressure vessels, columns, tanks, and various industrial products. With over 60 years of experience, the company has built a strong reputation for quality and reliability across diverse processing industries, including grain processing, oilseed, biotechnology, chemical, petrochemical, and water treatment. Mason Manufacturing is committed to delivering custom fabrication solutions that meet specific customer requirements and adhere to applicable codes and industry standards. In addition to its core manufacturing capabilities, the company offers services such as cutting, sandblasting, heat treatment, and special handling, ensuring safe, timely, and cost-effective delivery of its products.

DcR Engineering Services

Debt Financing in 2011
DcR Engineering Services, Inc. is a professional engineering firm based in Mulberry, Florida, with additional offices in Tampa, St. Louis, and Gonzales. Founded in 1983, the company specializes in mechanical, electrical, process, and civil engineering, offering a comprehensive range of services, including design, programming, startup support, project management, and construction management. DcR Engineering serves various industries such as fertilizer, citrus, water and wastewater, food and beverage, and power generation, as well as government and municipal clients. Their expertise extends to instrumentation and control systems, including reverse osmosis and water treatment facilities, along with the fabrication of control panels for various applications. The firm also provides automated system services and wireless control solutions, catering to both single-task projects and large-scale, multi-discipline endeavors.

Numet Machining Techniques

Debt Financing in 2011
Numet Machining Techniques specializes in manufacturing aerospace engine components that require intricate geometries and the use of exotic alloys. The company provides complex, close-tolerance components, fabrications, and assemblies primarily for the aerospace, defense, and power generation sectors. It supplies critical parts for various prominent aerospace engine platforms, including the GTF, F135, PW4000, and LEAP. Notable clients include Pratt & Whitney, GE Aviation, and the U.S. Department of Defense, positioning Numet as a key player in the aerospace supply chain.

Mason Manufacturing

Debt Financing in 2011
Mason Manufacturing is a prominent custom fabrication producer specializing in shell and tube heat exchangers, ASME pressure vessels, columns, tanks, and various industrial products. With over 60 years of experience, the company has built a strong reputation for quality and reliability across diverse processing industries, including grain processing, oilseed, biotechnology, chemical, petrochemical, and water treatment. Mason Manufacturing is committed to delivering custom fabrication solutions that meet specific customer requirements and adhere to applicable codes and industry standards. In addition to its core manufacturing capabilities, the company offers services such as cutting, sandblasting, heat treatment, and special handling, ensuring safe, timely, and cost-effective delivery of its products.

Mason Manufacturing

Debt Financing in 2010
Mason Manufacturing is a prominent custom fabrication producer specializing in shell and tube heat exchangers, ASME pressure vessels, columns, tanks, and various industrial products. With over 60 years of experience, the company has built a strong reputation for quality and reliability across diverse processing industries, including grain processing, oilseed, biotechnology, chemical, petrochemical, and water treatment. Mason Manufacturing is committed to delivering custom fabrication solutions that meet specific customer requirements and adhere to applicable codes and industry standards. In addition to its core manufacturing capabilities, the company offers services such as cutting, sandblasting, heat treatment, and special handling, ensuring safe, timely, and cost-effective delivery of its products.

Mason Manufacturing

Series A in 2010
Mason Manufacturing is a prominent custom fabrication producer specializing in shell and tube heat exchangers, ASME pressure vessels, columns, tanks, and various industrial products. With over 60 years of experience, the company has built a strong reputation for quality and reliability across diverse processing industries, including grain processing, oilseed, biotechnology, chemical, petrochemical, and water treatment. Mason Manufacturing is committed to delivering custom fabrication solutions that meet specific customer requirements and adhere to applicable codes and industry standards. In addition to its core manufacturing capabilities, the company offers services such as cutting, sandblasting, heat treatment, and special handling, ensuring safe, timely, and cost-effective delivery of its products.

Monarch Machine Tool

Venture Round in 2008
Monarch Machine Tool is engaged in the design and manufacture of advanced machining equipment, specializing in vertical and horizontal machining centers. The company offers a range of products, including vertical machining centers, traveling columns, and traveling gantry machining centers, aimed at providing affordable metal-cutting solutions. One of its notable innovations is the TM-1250, the first of its kind installed by the company. Additionally, Monarch produces a large, multi-functional turnmill machine capable of performing various operations such as turning, milling, drilling, tapping, and grinding on substantial metal components.

Monarch Machine Tool

Debt Financing in 2003
Monarch Machine Tool is engaged in the design and manufacture of advanced machining equipment, specializing in vertical and horizontal machining centers. The company offers a range of products, including vertical machining centers, traveling columns, and traveling gantry machining centers, aimed at providing affordable metal-cutting solutions. One of its notable innovations is the TM-1250, the first of its kind installed by the company. Additionally, Monarch produces a large, multi-functional turnmill machine capable of performing various operations such as turning, milling, drilling, tapping, and grinding on substantial metal components.
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