Advantage X

Advantage Capital is a venture capital firm founded in 1992, headquartered in New Orleans, Louisiana, with additional offices across the United States. The firm specializes in growth equity, lending, and mezzanine debt investments, focusing primarily on small businesses at various stages of development, excluding seed stage. Advantage Capital targets investments in low-income communities, both urban and rural, and supports economic development initiatives. The firm seeks to invest in companies that utilize proprietary technologies in sectors such as communication, information technology, pharmaceuticals, biotechnology, and energy, among others. It offers various forms of debt capital, including senior and mezzanine debt, and has a preference for co-investing with other firms. Initial investments typically range from $0.5 million to $10 million in companies with sales under $5 million, with potential for larger investments based on milestones. Advantage Capital is committed to addressing the funding gaps in underserved areas and fostering economic growth in communities that lack traditional sources of risk capital.

Al Alvarez

Director

Brian Anderson

PRINCIPAL

Alyson G. Appleton

VP of Communications, Marketing and Policy

Daniel Barrett

Associate

Jay Bennett

Vice President of Business Development

Keith Berry

VP of Business Development

Anthony H. Billings

Vice President

Bitting, Thomas H.P.

PRINCIPAL

Troy Blaine

VP of Business Development

Charles H. Booker

Principal

Ryan Brennan

Managing Director

Samantha F. de Castro

Associate

Abhi Chandrasekhara

Senior Associate

Craig Cole

Vice President of Business Development

Chloe Coniaris

SENIOR ASSOCIATE

Adam Constantinides

SENIOR ASSOCIATE

Jeffrey W. Craver

Principal

Anaƫlle Croteau

ASSOCIATE

Jeremy R. Degenhart

Principal

Maurice Doyle

Managing Director

Ryan Dressler

Principal

Louis T. Dubuque

Managing Director

Eric Dunham

VP of Business Development

Michele Fleher

Business development officer

Beth Fore

SENIOR ASSOCIATE

Keith Freeman

Managing Director

Jeffrey Gentsch

Venture Partner

Gregory P. Gish

Senior Vice President

Jonathan I. Goldstein

Managing Director

Daniel J. Gould

SVP

Matthew L. Hart

VP

Joseph Henderson

SENIOR ASSOCIATE

Leah Hendricks

Vice-President

George N. Hettich

VP

Stephanie Hiatt

SVP

Richard T. Hummell

Principal

Reid Hutchins

Managing Director

Geoffrey Jacques

ASSOCIATE

Mark Lange

VP of Business Development

Josh Liggett

Partner

Franchesca B. Lorio

Principal/Controller

Philip E. Marshall

Principal

Larry Martin

VP of Business Development

Natalia Matallana

Senior Associate

D. Tyler Mayoras

Venture Partner

Anthony Metzner

SVP

Arjun Mohan

ASSOCIATE

Sandra M. Moore

Managing Director/Chief Impact Officer

Justin T. Motika

VP

Scott Murphy

Managing Director & Chief Investment Officer

James O'Rourke

MD

Justin N. Obletz

Chief Financial Officer

Paul Olsen

VP

Anne Ott

SVP

Tim Perusek

Principal

Aaron Pohlmann

Senior Associate

Sarah Rajan

Senior Associate

Jim Rieker

VP OF SYNDICATION

Rachel Robards

ASSOCIATE

Josh Rogers

SVP

Joshua Rogers

Vice-President

Gabe Rosen

SENIOR ASSOCIATE

Valentino Rovere

Vice President

Philip Ruppel

Vice President

Kelcee Sachtleben

Senior Associate

Brynn N. Sanders

VP

Cara M. Schiffman

Vice-President of Regulatory Affairs

Greg Schwarztrauber

SVP

Talmadge Singer

Managing Director

Craig Smidt

SVP

Ruth Kelso Sorrell

Principal

Angel Stuckman

VP of Business Development

Adam M. Suberi

Director of Financial Planning and Analysis

Matthew Switzer

SENIOR ASSOCIATE

Thomas Titus

Vice President

W. Anthony Toups

Principal

Alexandra A. Twyman

SENIOR ASSOCIATE

Ramya Varma

Vice President

Brittany Walker

Assistant VP

Benjamin Warning

Senior Associate

Carl Weatherley-White

MD

Thomas Willsey

Senior Vice President, Treasurer

Kyle Wood

Associate

Sarah Wynn

Associate

Mui, Fong Wa C.

VP

J.P. Lynch

Senior Analyst

Past deals in Alabama

Nomis Seismographs

Debt Financing in 2018
Nomis Seismographs, Inc. is a manufacturer of seismic monitoring equipment designed for the construction, mining, quarrying, and demolition industries. The company produces seismographs and a range of accessories, including accelerometers, alarm assemblies, and vibration sensors. These instruments enable clients to monitor ground vibrations and air over-pressure, helping them comply with regulatory requirements and mitigate liability. In addition, Nomis offers personalized after-sale services, including factory authorized parts, service, and calibration for their equipment. The company's products are distributed both directly and through agents and distributors across various regions, including Europe, Asia, and North America. Founded in 1982 and based in Birmingham, Alabama, Nomis Seismographs has established a strong presence in the seismic monitoring market.

Curtiss Motorcycles

Debt Financing in 2017
Curtiss Motorcycles Company, Inc. engages in the design, manufacture, assembly, and sale of handcrafted street motorcycles for high net worth customers in the United States. The company offers the X132 Hellcat Speedster, as well as preproduction models, such as the P51 Combat Fighter and the Wraith Tandem Lusso motorcycles. It also provides motorcycle related products, including various wearing apparel and other related accessories displaying the Confederate name through its Website. The company was formerly known as Confederate Motors, Inc. and changed its name to Curtiss Motorcycles Company, Inc. in January 2018. Curtiss Motorcycles Company, Inc. was founded in 1991 and is based in Birmingham, Alabama.

Southern Wood Specialties

Debt Financing in 2015
Southern Wood Specialties manufactures and supplies products used in barn construction. It is a retailer of wood products including shiplap, log siding, v-groove, heart pine flooring, and rough-cut pine or cypress. It is headquartered inFlomaton, Alabama.

Hygia Health Services

Series B in 2015
Hygia Health Services, Inc. is a reprocessor of non-critical and semi-critical single-use medical devices based in Birmingham, Alabama. Established in 1999, the company specializes in the reprocessing of a wide range of products, including air transfer mattresses, fall alarms, ECG leads, and infusor bags. Hygia Health Services operates as a third-party provider, buying and selling reprocessed devices to hospitals and healthcare institutions across the United States. The company focuses on enhancing sustainability in healthcare by extending the life cycle of medical devices while maintaining safety and compliance standards. As of May 2018, Hygia Health Services operates as a subsidiary of Stryker Corporation.

Boozer Beam

Debt Financing in 2014
Boozer Beam is an Engineered Wood Products Production company that makes glued laminated timber beams. Boozer Laminated Beam Company as a lumber brokerage firm near the start of World War II and was established by Elbert and Hinton Boozer.

Southern Veterinary Partners

Debt Financing in 2014
Southern Veterinary Partners is a veterinarian owned and managed regional network of animal hospitals. Southern Veterinary Partners pursues partnerships with like-minded veterinarians to build our network of high quality and service-oriented animal hospitals.

AccuReg Software

Debt Financing in 2014
Front-end healthcare revenue cycle.

AccuReg Software

Series A in 2014
Front-end healthcare revenue cycle.

Dothan Pipe and Supply

Debt Financing in 2014
Dothan Pipe and Supply is an industrial supplier of pipe, valves, and fittings. The company was established in 1992 and is based in Dothan, Alabama.

Dothan Pipe and Supply

Debt Financing in 2013
Dothan Pipe and Supply is an industrial supplier of pipe, valves, and fittings. The company was established in 1992 and is based in Dothan, Alabama.

Southeastern Plateworks

Debt Financing in 2013
Southeastern Plateworks provides industrial manufacturing equipment and services. It manufactures steel components for material engineering uses. Southeastern Plateworks was founded in 2004 and is based in Alabama, USA.

Hygia Health Services

Debt Financing in 2013
Hygia Health Services, Inc. is a reprocessor of non-critical and semi-critical single-use medical devices based in Birmingham, Alabama. Established in 1999, the company specializes in the reprocessing of a wide range of products, including air transfer mattresses, fall alarms, ECG leads, and infusor bags. Hygia Health Services operates as a third-party provider, buying and selling reprocessed devices to hospitals and healthcare institutions across the United States. The company focuses on enhancing sustainability in healthcare by extending the life cycle of medical devices while maintaining safety and compliance standards. As of May 2018, Hygia Health Services operates as a subsidiary of Stryker Corporation.

Hygia Health Services

Series A in 2011
Hygia Health Services, Inc. is a reprocessor of non-critical and semi-critical single-use medical devices based in Birmingham, Alabama. Established in 1999, the company specializes in the reprocessing of a wide range of products, including air transfer mattresses, fall alarms, ECG leads, and infusor bags. Hygia Health Services operates as a third-party provider, buying and selling reprocessed devices to hospitals and healthcare institutions across the United States. The company focuses on enhancing sustainability in healthcare by extending the life cycle of medical devices while maintaining safety and compliance standards. As of May 2018, Hygia Health Services operates as a subsidiary of Stryker Corporation.

Supreme Cleaning

Debt Financing in 2010
Supreme Cleaning Inc offers facility maintenance and management services. It offers janitorial services, construction cleanup, lawn maintenance and landscaping, pressure washing, window cleaning, and disaster restoration. It serves commercial and residential sectors. The company was founded in 2007 and is headquartered in Montgomery, Alabama.

Parks Pharmacy

Debt Financing in 2010
Parks Pharmacy, Inc. operates a full-service pharmacy in Montgomery, Alabama. Established in 2007, the company offers a wide range of products and services, including prescription medications, over-the-counter drugs, vitamins, and home health care supplies. Additionally, Parks Pharmacy specializes in customized and non-sterile compounded medications tailored to the needs of patients as prescribed by licensed physicians and veterinarians. The pharmacy also provides COVID-19 vaccinations, ensuring community access to essential health services.

DAXKO

Debt Financing in 2010
Headquartered in Birmingham, Alabama, Daxko is a leading provider of operations and financial management solutions for member-centric nonprofits, with a particular focus on the $6 billion YMCA market. Daxko's OnDemand software suite, including Daxko Operations and Daxko Accounting, help customers operate more efficiently, grow healthier organizations, and serve their communities more effectively.

FireRock

Debt Financing in 2010
FireRock offers masonry fireplaces, pavers, wood floors, slate and cedar roofing, and steel doors and windows.

FireRock

Debt Financing in 2009
FireRock offers masonry fireplaces, pavers, wood floors, slate and cedar roofing, and steel doors and windows.

PeopleTec

Debt Financing in 2008
PeopleTec provides engineering and information technology services and solutions to the Department of Defense and civilian federal sectors. It offers systems engineering and analysis services, such as requirements development, analysis, and crosswalk methodologies, simulation-based analysis, experiment design and execution, threat analysis, sensor systems and phenomenology, probabilistic design analysis, integrated hazard analysis, failure modes and effects analysis, operational and effectiveness study planning and execution, and trade studies and analysis of alternatives. PeopleTec also provides systems integration labs that include tactical and simulated components, hardware and software systems integration, reconfigurable platforms, fixed and mobile SILs, and geographically dispersed integration, test and evaluation services, which include developmental and operational testing, test strategy development, test cost assessments, test infrastructure and design, field test support, independent verification and validation, modeling and simulation, and full lifecycle documentation, and data management, reduction, and analysis. Moreover, its IT services include computing infrastructures such as desktop support, help desk operations, auditing and assessments, compliance and cyber security, and specialties in unified communications and advanced server architectures, engineering, operations, and maintenance of data centers, software applications that include business intelligence, communication/collaboration, enterprise application integration, custom development, and smartphone/mobile computing, software engineering; and Cisco solutions that include unified communications, security, and wireless. Further, PeopleTec provides various lifecycle and agency support services, such as logistics, programmatic and agency support, and standardization and training support. Terry Jennings and Doug Scalf founded it in 2005, with its headquarters in Huntsville in Alabama.

Southeastern Plateworks

Debt Financing in 2008
Southeastern Plateworks provides industrial manufacturing equipment and services. It manufactures steel components for material engineering uses. Southeastern Plateworks was founded in 2004 and is based in Alabama, USA.

FireRock

Series A in 2007
FireRock offers masonry fireplaces, pavers, wood floors, slate and cedar roofing, and steel doors and windows.

DAXKO

Debt Financing in 2007
Headquartered in Birmingham, Alabama, Daxko is a leading provider of operations and financial management solutions for member-centric nonprofits, with a particular focus on the $6 billion YMCA market. Daxko's OnDemand software suite, including Daxko Operations and Daxko Accounting, help customers operate more efficiently, grow healthier organizations, and serve their communities more effectively.

Proxsys

Debt Financing in 2006
Proxsys, LLC provides Web-based solutions in preadmissions to healthcare facilities. It focuses on the collection of patient information, scheduling of procedures, admitting of both inpatients and outpatients, and transmitting patient data to appropriate areas within healthcare organizations, as well as points in the process that involve communications with physician offices, insurance payors for purpose of precertification and approval requirements, hospitals, outpatient facilities, and patients. The company also provides security and electronic storage capabilities to safely protect and warehouse patient data. Proxsys, LLC was founded in 2004 and is headquartered in Birmingham, Alabama.

Digium

Debt Financing in 2006
DigiumĀ® is the innovative force behind AsteriskĀ®, 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.

Awarix

Venture Round in 2006
Awarix develops software and online tools for the health care industry. It provides a digital platform that manages all of patient's data. Awarix is based in Alabama, USA.

HospiScript Services

Debt Financing in 2005
HospiScript Services provides pharmacy medication therapy management services to the hospice industry.

ActekSoft

Debt Financing in 2004
ActekSoft delivers commission and incentive compensation software solutions to automate the process of calculating and managing complex commission, incentive and bonus pay arrangements. Founded in 1999, with a focus on developing J2EE software products for the healthcare payer market, ActekSoft's products are now used in all segments of the insurance and financial services industries. Their focus is the delivery of highly user configurable software capable of delivering power to non-technical users, ensuring their products provide both tactical and strategic benefits, along with quantifiable return-on-investment (ROI).

Emageon

Debt Financing in 2004
Emageon provides an enterprise-level information technology solution for the clinical analysis and management of digital medical images within health care provider organizations.