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

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

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 Refrigeration

Stirling Ultracold

Venture Round in 2021
Stirling Ultracold, a division of Global Cooling, Inc., specializes in the development and manufacturing of ultra-low temperature freezers that operate below -86°C. These innovative freezers utilize patented free-piston Stirling engine technology, distinguishing them from traditional refrigeration methods that rely on dry ice, Peltier systems, or conventional cascade systems. Designed to meet the increasing needs of bio-repositories and pharmaceutical companies, Stirling Ultracold's products not only achieve stable storage conditions across a broad temperature range but also promote energy efficiency and environmental sustainability, allowing customers to realize significant energy savings while adhering to eco-friendly practices.

Stirling Ultracold

Debt Financing in 2021
Stirling Ultracold, a division of Global Cooling, Inc., specializes in the development and manufacturing of ultra-low temperature freezers that operate below -86°C. These innovative freezers utilize patented free-piston Stirling engine technology, distinguishing them from traditional refrigeration methods that rely on dry ice, Peltier systems, or conventional cascade systems. Designed to meet the increasing needs of bio-repositories and pharmaceutical companies, Stirling Ultracold's products not only achieve stable storage conditions across a broad temperature range but also promote energy efficiency and environmental sustainability, allowing customers to realize significant energy savings while adhering to eco-friendly practices.

Vogt-Ice

Debt Financing in 2019
Vogt Ice is a prominent manufacturer of automatic-sized ice machines, renowned for revolutionizing the commercial ice-making industry since its inception in 1938. With a foundation built on nearly 80 years of experience, the company is recognized for its energy-efficient and durable ice machines, which are trusted by customers for their long-term performance. Vogt Ice serves a diverse range of industries, including baking, chemical processing, concrete cooling, commercial food service, and thermal energy storage. Its product offerings encompass tube ice machines, turbo refrigerating machines, plate chillers, and thermal energy storage solutions, providing clients with various ice forms such as fragmented, cracked, crushed, flake, and original shapes. The company maintains an excellent reputation for quality design and responsive customer service, fostering strong relationships with its clientele.

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.

Stirling Ultracold

Series B in 2018
Stirling Ultracold, a division of Global Cooling, Inc., specializes in the development and manufacturing of ultra-low temperature freezers that operate below -86°C. These innovative freezers utilize patented free-piston Stirling engine technology, distinguishing them from traditional refrigeration methods that rely on dry ice, Peltier systems, or conventional cascade systems. Designed to meet the increasing needs of bio-repositories and pharmaceutical companies, Stirling Ultracold's products not only achieve stable storage conditions across a broad temperature range but also promote energy efficiency and environmental sustainability, allowing customers to realize significant energy savings while adhering to eco-friendly practices.

Stirling Ultracold

Debt Financing in 2018
Stirling Ultracold, a division of Global Cooling, Inc., specializes in the development and manufacturing of ultra-low temperature freezers that operate below -86°C. These innovative freezers utilize patented free-piston Stirling engine technology, distinguishing them from traditional refrigeration methods that rely on dry ice, Peltier systems, or conventional cascade systems. Designed to meet the increasing needs of bio-repositories and pharmaceutical companies, Stirling Ultracold's products not only achieve stable storage conditions across a broad temperature range but also promote energy efficiency and environmental sustainability, allowing customers to realize significant energy savings while adhering to eco-friendly practices.

Coil Design

Debt Financing in 2018
Coil Design is a manufacturer based in Dayton, Tennessee, specializing in fin and tube heat exchangers. The company designs and produces various types of coils, including refrigeration coils, chilled water coils, hot water coils, steam coils, direct expansion evaporator coils, and condenser coils. It offers a range of coil tube diameters, fin surfaces, and construction materials tailored for HVAC applications, ensuring efficient thermal management solutions for diverse industrial needs.

Coil Design

Debt Financing in 2017
Coil Design is a manufacturer based in Dayton, Tennessee, specializing in fin and tube heat exchangers. The company designs and produces various types of coils, including refrigeration coils, chilled water coils, hot water coils, steam coils, direct expansion evaporator coils, and condenser coils. It offers a range of coil tube diameters, fin surfaces, and construction materials tailored for HVAC applications, ensuring efficient thermal management solutions for diverse industrial needs.

Stirling Ultracold

Venture Round in 2017
Stirling Ultracold, a division of Global Cooling, Inc., specializes in the development and manufacturing of ultra-low temperature freezers that operate below -86°C. These innovative freezers utilize patented free-piston Stirling engine technology, distinguishing them from traditional refrigeration methods that rely on dry ice, Peltier systems, or conventional cascade systems. Designed to meet the increasing needs of bio-repositories and pharmaceutical companies, Stirling Ultracold's products not only achieve stable storage conditions across a broad temperature range but also promote energy efficiency and environmental sustainability, allowing customers to realize significant energy savings while adhering to eco-friendly practices.

Vogt-Ice

Private Equity Round in 2017
Vogt Ice is a prominent manufacturer of automatic-sized ice machines, renowned for revolutionizing the commercial ice-making industry since its inception in 1938. With a foundation built on nearly 80 years of experience, the company is recognized for its energy-efficient and durable ice machines, which are trusted by customers for their long-term performance. Vogt Ice serves a diverse range of industries, including baking, chemical processing, concrete cooling, commercial food service, and thermal energy storage. Its product offerings encompass tube ice machines, turbo refrigerating machines, plate chillers, and thermal energy storage solutions, providing clients with various ice forms such as fragmented, cracked, crushed, flake, and original shapes. The company maintains an excellent reputation for quality design and responsive customer service, fostering strong relationships with its clientele.

Stirling Ultracold

Venture Round in 2016
Stirling Ultracold, a division of Global Cooling, Inc., specializes in the development and manufacturing of ultra-low temperature freezers that operate below -86°C. These innovative freezers utilize patented free-piston Stirling engine technology, distinguishing them from traditional refrigeration methods that rely on dry ice, Peltier systems, or conventional cascade systems. Designed to meet the increasing needs of bio-repositories and pharmaceutical companies, Stirling Ultracold's products not only achieve stable storage conditions across a broad temperature range but also promote energy efficiency and environmental sustainability, allowing customers to realize significant energy savings while adhering to eco-friendly practices.

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.
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