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 Packaging Services

DRC Industries

Debt Financing in 2020
DRC Industries is a low-cost manufacturer of paperboard products including corner boards, paper tubes/cores, chipboard sheets, & temporary floor protection products. DRC Industries was founded in 2001 and has proudly provided unique packaging solutions for more than 19 years to customers all over North America. DRC Industries' primary sheeting product offerings are Chipboard, Liner board, medium, low density, ccnb, virgin kraft, anti-skid, anti-abrasion, die-cut, and custom sheets.

Cady Bag Company

Debt Financing in 2020
Cady Bag Company, LLC is a manufacturer based in Pearson, Georgia, specializing in polypropylene fabrics and bags. Founded in 1957, the company operates as a vertically integrated entity, providing a diverse range of products that cater to various industries. Its offerings include mesh bags for produce such as onions and citrus, biaxially oriented polypropylene bags for packaging animal nutrition and pet food, and specialty bags for niche markets, including seafood and agriculture. Cady Bag also produces protective fabrics for manufactured housing and recreational vehicles, as well as geotextile fabrics. With a commitment to quality and consistency, Cady Bag utilizes state-of-the-art equipment to deliver competitive products tailored to the needs of its clients. The company was previously known as Cady-Webb Bag Company before rebranding in 1967.

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!

Merrill Industries

Series C in 2019
Merrill Industries develops packaging and warehousing solutions with the use of corrugated cartons, foam inserts, and wood products. It manufactures in-house with reasonable volume runs, warehouse programs, and innovative design services available. The company was established in 1973 in Ellington, Connecticut.

JSI Store Fixtures

Debt Financing in 2019
JSI Store Fixtures Inc. specializes in designing, manufacturing, and marketing display fixtures and closed-cell foam products primarily for supermarket chains in North America and internationally. Founded in 1991 and based in Milo, Maine, the company produces a wide range of fixtures including produce bins, bakery cases, wine displays, refrigeration units, and floral arrangements. JSI Store Fixtures also offers visual design services to enhance merchandising strategies. With manufacturing facilities located across the United States, the company focuses on providing innovative retail solutions that improve the shopper experience across various product categories and store formats.

JSI Store Fixtures

Debt Financing in 2018
JSI Store Fixtures Inc. specializes in designing, manufacturing, and marketing display fixtures and closed-cell foam products primarily for supermarket chains in North America and internationally. Founded in 1991 and based in Milo, Maine, the company produces a wide range of fixtures including produce bins, bakery cases, wine displays, refrigeration units, and floral arrangements. JSI Store Fixtures also offers visual design services to enhance merchandising strategies. With manufacturing facilities located across the United States, the company focuses on providing innovative retail solutions that improve the shopper experience across various product categories and store formats.

Swiss American

Debt Financing in 2018
Swiss American, located in St. Louis, Missouri, specializes in cutting and wrapping solutions for cheese, meat, and specialty foods. The company focuses on breaking down bulk products into optimal sizes and shapes, ensuring maximum quality, shelf-life, and presentation. In addition to its packaging services, Swiss American provides inventory management and order fulfillment, allowing retailers to offer a customized selection of products with each order. By collaborating with innovative manufacturers and cheesemakers globally, Swiss American delivers a diverse array of specialty foods to enhance culinary experiences.

Specialty Enhanced Imaging

Debt Financing in 2017
Specialty Enhanced Imaging is a full-service sign shop located in Slidell, Louisiana, serving the sign markets of Louisiana, Mississippi, and Alabama. The company specializes in custom signage and graphics, offering a diverse array of products including aluminum signs, hanging pole signs, feather flags, bronze plaques, yard signs, digitally printed banners, vehicle wraps, and fleet graphics. Additionally, it provides laser-cut acrylic letters, job site signs, vinyl and mesh banners, magnetic signs, retractable banners, and various types of letters such as formed plastic, injection-molded, and fabricated metal. Specialty Enhanced Imaging also produces monument signs, sandblasted signs, historical district signage, and digital LED boards, along with promotional materials like business cards, brochures, flyers, and presentation folders.

DRC Industries

Debt Financing in 2017
DRC Industries is a low-cost manufacturer of paperboard products including corner boards, paper tubes/cores, chipboard sheets, & temporary floor protection products. DRC Industries was founded in 2001 and has proudly provided unique packaging solutions for more than 19 years to customers all over North America. DRC Industries' primary sheeting product offerings are Chipboard, Liner board, medium, low density, ccnb, virgin kraft, anti-skid, anti-abrasion, die-cut, and custom sheets.

Merrill Industries

Debt Financing in 2016
Merrill Industries develops packaging and warehousing solutions with the use of corrugated cartons, foam inserts, and wood products. It manufactures in-house with reasonable volume runs, warehouse programs, and innovative design services available. The company was established in 1973 in Ellington, Connecticut.

Merrill Industries

Series B in 2016
Merrill Industries develops packaging and warehousing solutions with the use of corrugated cartons, foam inserts, and wood products. It manufactures in-house with reasonable volume runs, warehouse programs, and innovative design services available. The company was established in 1973 in Ellington, Connecticut.

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.

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.

ProLabel

Debt Financing in 2015
ProLabel offers unique solutions, cutting-edge technology, and unrivaled customer service. ProLabel is located in Hialeah, Florida.

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.

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.

ProLabel

Debt Financing in 2014
ProLabel offers unique solutions, cutting-edge technology, and unrivaled customer service. ProLabel is located in Hialeah, Florida.

PNO Confectionery Enterprises

Debt Financing in 2014
PNO is a distributor and rebagger/repackager that specializes in candies, nuts, trail mixes, rice, and beans. The company's offerings come in to lay down bags, peg bags, stand up zipper bags, tubs, and bulk size packaging. PNO operates out of a state-of-the-art 42,000 SF building with 4 dedicated automated production lines along with 2 manual production lines.

Stout Sign Company

Debt Financing in 2014
Stout Sign Company specializes in producing illuminated signage, wall graphics, and displays, catering to various advertising needs. The company offers a wide range of services, including roll printing, flatbed digital printing, grand format screen printing, and carousel printing. Additionally, Stout Sign Company provides sheet metal printing and fabrication services, focusing on creating advertisement hoardings for businesses. Their capabilities extend to metal coating, laser cutting, welding, CNC routing, forming, press forming, and embossing. By offering flooring, prototyping, warehousing, and installation services, Stout Sign Company enables clients to effectively reach their customers through roadside advertisements at competitive prices.

JSI Store Fixtures

Debt Financing in 2013
JSI Store Fixtures Inc. specializes in designing, manufacturing, and marketing display fixtures and closed-cell foam products primarily for supermarket chains in North America and internationally. Founded in 1991 and based in Milo, Maine, the company produces a wide range of fixtures including produce bins, bakery cases, wine displays, refrigeration units, and floral arrangements. JSI Store Fixtures also offers visual design services to enhance merchandising strategies. With manufacturing facilities located across the United States, the company focuses on providing innovative retail solutions that improve the shopper experience across various product categories and store formats.

PNO Confectionery Enterprises

Debt Financing in 2013
PNO is a distributor and rebagger/repackager that specializes in candies, nuts, trail mixes, rice, and beans. The company's offerings come in to lay down bags, peg bags, stand up zipper bags, tubs, and bulk size packaging. PNO operates out of a state-of-the-art 42,000 SF building with 4 dedicated automated production lines along with 2 manual production lines.

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.

Merrill Industries

Debt Financing in 2012
Merrill Industries develops packaging and warehousing solutions with the use of corrugated cartons, foam inserts, and wood products. It manufactures in-house with reasonable volume runs, warehouse programs, and innovative design services available. The company was established in 1973 in Ellington, Connecticut.

Merrill Industries

Series A in 2012
Merrill Industries develops packaging and warehousing solutions with the use of corrugated cartons, foam inserts, and wood products. It manufactures in-house with reasonable volume runs, warehouse programs, and innovative design services available. The company was established in 1973 in Ellington, Connecticut.

Swiss American

Debt Financing in 2012
Swiss American, located in St. Louis, Missouri, specializes in cutting and wrapping solutions for cheese, meat, and specialty foods. The company focuses on breaking down bulk products into optimal sizes and shapes, ensuring maximum quality, shelf-life, and presentation. In addition to its packaging services, Swiss American provides inventory management and order fulfillment, allowing retailers to offer a customized selection of products with each order. By collaborating with innovative manufacturers and cheesemakers globally, Swiss American delivers a diverse array of specialty foods to enhance culinary experiences.

American Spice Trading Company

Debt Financing in 2011
American Spice Trading Company engages in marketing, packaging, blending, and creation of spice blends and condiments for the ethnic food industry.

Crown Plastics

Debt Financing in 2011
Crown Plastics is a tool manufacturing business that produces thin gauge UHMW polyethylene thanks to its continuous compression molding method. The company offers tremendous flexibility in the market in a variety of industries such as transportation, material handling, food processing, agriculture, recreation, printing and packaging, and many other high-tech engineering applications. It saves the customer time and money by not requiring them to fabricate as much as necessary.

Stout Sign Company

Debt Financing in 2010
Stout Sign Company specializes in producing illuminated signage, wall graphics, and displays, catering to various advertising needs. The company offers a wide range of services, including roll printing, flatbed digital printing, grand format screen printing, and carousel printing. Additionally, Stout Sign Company provides sheet metal printing and fabrication services, focusing on creating advertisement hoardings for businesses. Their capabilities extend to metal coating, laser cutting, welding, CNC routing, forming, press forming, and embossing. By offering flooring, prototyping, warehousing, and installation services, Stout Sign Company enables clients to effectively reach their customers through roadside advertisements at competitive prices.
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