Advantage X

Advantage Capital is a venture capital firm founded in 1992 and based in New Orleans, Louisiana, with additional offices across the United States. The firm specializes in growth equity, lending, and mezzanine debt capital investments, primarily targeting small businesses at various stages of development, from early to later stages, excluding seed investments. Advantage Capital focuses on investing in low-income communities, both urban and rural, and supports state and local economic development initiatives. It seeks opportunities in sectors such as communication, information technology, telecommunications, business services, manufacturing, pharmaceuticals, biotechnology, life sciences, and energy, while also considering investments in rural agricultural businesses. The firm typically makes initial investments ranging from $0.5 million to $10 million in companies with sales of less than $5 million, with potential for larger investments based on milestones. Advantage Capital also provides various forms of debt capital and prefers co-investing with other firms. The firm is committed to addressing the financing needs of underserved areas and fostering economic growth in communities lacking traditional sources of risk capital.

Al Alvarez

Director

Brian Anderson

Managing Director

Anthony Billings

Senior Vice President and Investment Team Member

Bitting, Thomas H.P.

Managing Director

Adam Constantinides

Senior Vice President

Anaëlle Croteau

Vice President

Trey Garland

Senior Associate

Christopher C. Harris

Principal

Joseph Henderson

Senior Vice President

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

Scott Murphy

Managing Director and Chief Investment Officer

Justin N. Obletz

CFO and Managing Director

Tim Perusek

Principal and Investment Group Member

Keith Pettus

Principal

Damon L. Rawie

Managing Director

Josh Rogers

Principal

Gabe Rosen

Vice President

Talmadge Singer

Managing Director

Steven T. Stull

President

Matthew Switzer

Vice President

Tony Toups

Principal

Alexandra Twyman

Vice President

Benjamin T. Warning

Vice President

J.P. Lynch

Vice President

Past deals in Mississippi

J & J Bagging

Debt Financing in 2021
J & J Bagging operates a fertilizer storage and packaging facility in Yazoo City, Mississippi. The company specializes in the manufacture of feed, seed, and fertilizer products. In addition to production, J & J Bagging is involved in the distribution of various agricultural and gardening items, including farm and ranch supplies, lawn and garden products, and sporting goods. By serving a diverse customer base, the company plays a significant role in supporting local agricultural needs and related markets.

Drake Waterfowl Systems

Debt Financing in 2020
Drake Waterfowl Systems, founded in 2002 and based in Olive Branch, Mississippi, specializes in designing, manufacturing, and retailing apparel for outdoor enthusiasts. The company offers a diverse range of products tailored for various hunting activities, including jackets, vests, waders, pants, bibs, liners, shirts, headwear, and footwear suitable for turkey hunting, big-game hunting, and whitetail hunting. In addition to its hunting gear, Drake Waterfowl Systems provides casual and collegiate apparel. The products are available through the company's website and a network of dealers across the United States, catering to both serious hunters and those seeking outdoor lifestyle clothing.

MD Medical Services

Debt Financing in 2020
MD Medical Services is a medical equipment and care supplier. It provides hospices, home health agencies, long-term care facilities, and nursing homes with Medicare Part B durable medical equipment such as wound care dressings, ostomy supplies, tracheostomy supplies, and catheter supplies. The company is an ACHC accredited supplier and a member of the Independent Nursing Home Association and the Mississippi Health Care Association. MD Medical Services was headquartered in Flowood, Mississippi in 1997.

Capital City Trucking

Venture Round in 2019
Capital City Trucking is specializes in the transportation of goods across the United States for large food suppliers.

mTrade

Debt Financing in 2019
mTrade focuses on enhancing the efficiency of trading residential whole loans through its innovative online loan trading platform. The company has developed a comprehensive Loan Acquisition System (LAS) that integrates buyers, sellers, documents, data, analytics, and vendors into a single centralized hub. This system allows decision-makers to streamline their processes, increasing the speed and effectiveness of transactions for banks, brokers, and investors. By implementing industry best practices, mTrade provides a cohesive experience that facilitates loan acquisition, surveillance, and disposition, ultimately optimizing the trading experience for all participants involved.

Picayune Hospitality

Debt Financing in 2019
Picayune Hospitality is an operator of public hotels and motels.

MD Medical Services

Debt Financing in 2019
MD Medical Services is a medical equipment and care supplier. It provides hospices, home health agencies, long-term care facilities, and nursing homes with Medicare Part B durable medical equipment such as wound care dressings, ostomy supplies, tracheostomy supplies, and catheter supplies. The company is an ACHC accredited supplier and a member of the Independent Nursing Home Association and the Mississippi Health Care Association. MD Medical Services was headquartered in Flowood, Mississippi in 1997.

Odom Industries

Debt Financing in 2019
Odom Industries is a provider of custom formulating and packaging services. The company has eight production units at our Waynesboro facility, two of these units are dry production facilities. One is dedicated to herbicides and the other to fungicides. Each of these dry units is capable of producing water-dispersible granules, wettable powders, and repackaging bulk materials. The third unit is a Munson Blender unit, which can produce impregnated granules and can also blend powdered materials at approximately the same rate. The fourth and fifth units are dedicated to liquid flowable products with one of these units to Agricultural Products and the other to Industrial Products. Its sixth unit is also a wet milling liquid flowable system, which is used for the fungicide flowable. Odom Industries' seventh unit is a powder plant used for particle size reduction of powders by mechanical or air milling particle size reduction equipment. Unit number eight, the most recent unit is a stainless steel liquid process currently producing liquid herbicides.

Capital City Trucking

Debt Financing in 2019
Capital City Trucking is specializes in the transportation of goods across the United States for large food suppliers.

Odom Industries

Debt Financing in 2018
Odom Industries is a provider of custom formulating and packaging services. The company has eight production units at our Waynesboro facility, two of these units are dry production facilities. One is dedicated to herbicides and the other to fungicides. Each of these dry units is capable of producing water-dispersible granules, wettable powders, and repackaging bulk materials. The third unit is a Munson Blender unit, which can produce impregnated granules and can also blend powdered materials at approximately the same rate. The fourth and fifth units are dedicated to liquid flowable products with one of these units to Agricultural Products and the other to Industrial Products. Its sixth unit is also a wet milling liquid flowable system, which is used for the fungicide flowable. Odom Industries' seventh unit is a powder plant used for particle size reduction of powders by mechanical or air milling particle size reduction equipment. Unit number eight, the most recent unit is a stainless steel liquid process currently producing liquid herbicides.

MD Medical Services

Debt Financing in 2017
MD Medical Services is a medical equipment and care supplier. It provides hospices, home health agencies, long-term care facilities, and nursing homes with Medicare Part B durable medical equipment such as wound care dressings, ostomy supplies, tracheostomy supplies, and catheter supplies. The company is an ACHC accredited supplier and a member of the Independent Nursing Home Association and the Mississippi Health Care Association. MD Medical Services was headquartered in Flowood, Mississippi in 1997.

Burkhalter Rigging

Debt Financing in 2016
Burkhalter Rigging, founded in 1973 by Leon Burkhalter and later expanded by his son Delynn, has evolved into a prominent provider of specialized rigging and transportation services. Originally established as Crane Service, Inc. in Columbus, Mississippi, the company rebranded in 1984 and now operates as a third-generation family business with a national and international presence. With depot yards in Columbus and Houston, Texas, and sales offices across the United States, Burkhalter Rigging offers a range of services, including heavy lifting, crane rental, and specialized transportation. The company focuses on mission-critical shipments for industries such as petrochemical, power, civil, and marine, ensuring the safe transport of large and heavy cargoes while adapting to customer needs and tighter schedules.

Charlie Henderson Ford

Debt Financing in 2015
Charlie Henderson Ford allows users to get an interactive tour of the company's new and used inventory, get a quote, schedule a service appointment, or apply for financing.

Innovative Circuits

Debt Financing in 2015
Innovative Circuits is a contract electronics manufacturing services provider. It specializes in automated surface mount and mixed technology printed circuit board assembly including ball grid array (BGA) devices, box builds, QFNs, and components with a size ranging down to 0402. It also provides both X-ray and optical vision inspection capabilities. The company's production processes include both in-circuit and functional testing of PCB assemblies and system assemblies as required, installation of customer-provided firmware/software, and finished product assembly and packaging services in some applications. Its engineering services include schematic capture, printed circuit board layout and design, hardware and software development support, and enclosure design support. From prototype units to full production, we want to become your electronics assembly and manufacturing partner.

Jackie’s International

Debt Financing in 2015
Jackie’s International is a hospitality company that owns and operates restaurants and hotels. It was founded by Dr. S. L. Sethi in 1973.

JWH Equipment

Debt Financing in 2015
JWH Equipment is a provider of wholesale distribution of industrial machinery and equipment. It offers compressors, compactors, crawlers, excavators, forklifts, generators, as well as their repair and maintenance services. The company is headquartered in Jackson, Mississippi.

ALGIX

Debt Financing in 2014
At ALGIX, they are utilizing the vast potential of algae to improve our planet by enhancing lives and addressing society’s most pressing challenges. They are revolutionizing systems essential to life by providing clean water, protein-rich foods, and sustainable plastic products to the world.

ALGIX

Debt Financing in 2013
At ALGIX, they are utilizing the vast potential of algae to improve our planet by enhancing lives and addressing society’s most pressing challenges. They are revolutionizing systems essential to life by providing clean water, protein-rich foods, and sustainable plastic products to the world.

Hybrid

Series B in 2013
Hybrid Plastics, Inc. is a nanotechnology company based in Hattiesburg, Mississippi, specializing in the production of polyhedral oligomeric silsesquioxane (POSS) nanostructured chemicals. Founded in 1998, the company offers a diverse range of products, including thermosetting resins for coatings, adhesives, and composites, as well as thermoplastics and various R&D chemicals. Its proprietary silsesquioxane technology merges organic and inorganic materials, enhancing product performance while maintaining mechanical integrity. Hybrid Plastics also provides services such as dispersion, compounding, and formulation, catering to both domestic and international markets. The company's innovative materials find applications across multiple sectors, including electronics and catalysis, thereby bridging the gap between ceramic and organic materials.

Anderson Design Center

Debt Financing in 2013
Anderson Design Center provides interior designing services to commercial and residential spaces. It offers an online catalog of furniture and products that matches their creative works. Anderson Design Center was founded in 1982 and is based in Mississippi, USA.

Camgian

Series A in 2012
Camgian Microsystems Corporation develops advanced sensing and information processing technologies for military, government, and industrial markets. The company offers Egburt, a platform-as-a-service that connects industrial assets with automated sensor analytics to drive radical improvements; and Prowl, an ultra-low power compact radar system that provides target detection and tracking in harsh operational environments. Camgian Microsystems Corporation was formerly known as Camgian Networks Corporation and changed its name to Camgian Microsystems Corporation in March 2008. The company was founded in 2006 and is based in Starkville, Mississippi with additional offices in Jackson, Mississippi.

Pearl River Glass Studio

Debt Financing in 2012
Pearl River Glass Studio offers glass services and artworks in a glass. The company is based in Jackson, Mississippi.

Odom Industries

Debt Financing in 2011
Odom Industries is a provider of custom formulating and packaging services. The company has eight production units at our Waynesboro facility, two of these units are dry production facilities. One is dedicated to herbicides and the other to fungicides. Each of these dry units is capable of producing water-dispersible granules, wettable powders, and repackaging bulk materials. The third unit is a Munson Blender unit, which can produce impregnated granules and can also blend powdered materials at approximately the same rate. The fourth and fifth units are dedicated to liquid flowable products with one of these units to Agricultural Products and the other to Industrial Products. Its sixth unit is also a wet milling liquid flowable system, which is used for the fungicide flowable. Odom Industries' seventh unit is a powder plant used for particle size reduction of powders by mechanical or air milling particle size reduction equipment. Unit number eight, the most recent unit is a stainless steel liquid process currently producing liquid herbicides.

Jackson Memorial Funeral Service

Debt Financing in 2011
Jackson Memorial Funeral Service offers funeral services either as a traditional funeral or cremation. It was founded on April 17, 2003, by Damian Murriel. It is based in Jackson, Mississippi.

S&N Airoflo

Venture Round in 2011
S & N Airoflo, Inc. specializes in the manufacture and supply of floating brush rotors designed for the municipal and industrial wastewater treatment sectors. With over 20 years of experience, the company provides aerators that enhance efficiency, achieving significant power savings of 30% to 60% across various wastewater applications. In addition to manufacturing, S & N Airoflo offers distribution, installation, repair, and maintenance services for their brush rotors and other wastewater treatment equipment. Their products are designed for easy installation, allowing for quick deployment and operation within a few hours.

Capturion Network

Venture Round in 2009
Brand development, Advising new businesses and business structures, Sales, Design and Product Development, Outsourcing, Project Estimating,and Sales.

Old South Brick & Supply

Debt Financing in 2009
Old South Brick & Supply is a supplier of bricks, architectural blocks, natural and cultured stones. The company operates since 1982 and is located in Jackson, Mississippi.

Capturion Network

Debt Financing in 2009
Brand development, Advising new businesses and business structures, Sales, Design and Product Development, Outsourcing, Project Estimating,and Sales.
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