LINCOLN, Neb., September, 6 2022 - The Community Development Venture Capital Alliance (CDVCA), in partnership with Advantage Capital, announced today a $2.1 million investment in Beehive Industries to help accelerate the company’s go-to-market strategy for its cloud-based integrated software systems.
Beehive Industries services clients across the US at the state, county and local levels. The company believes opportunities from the Infrastructure and Jobs Act will serve as a tailwind for generating more contracts with municipal and private partners who manage water resources, sewer, and broadband infrastructure.
“We are appreciative of this latest venture-backed support to accelerate Beehive’s go-to-market strategy for our cloud-based integrated software systems,” said Beehive Industries CEO Mac Rodgers. “Our strong SaaS offering provides the public and private sector with a highly efficient and cost-effective software alternative for managing assets.”
By integrating geographic information systems (GIS) with client-specific infrastructure and asset
information, Beehive helps its users identify the work required to keep their infrastructure operating efficiently with a focus on preventative maintenance. Using Beehive’s device agnostic computerized maintenance management system (CMMS) allows for the assignment, tracking and reporting on projects quickly and inexpensively.
The financing was made in connection with both the federal and Nebraska New Markets Tax Credit Program (NMTC). These programs have worked to attract and encourage investment in Nebraska’s low-income communities. By encouraging private investment, the program helps fill the financing gap that exists for many businesses in low-income areas¬—helping catalyze job growth and economic development in the places that need it most.
“I am pleased to see these programs doing exactly what they are intended to do—providing private investment capital to businesses in distressed areas across the state,” Senator Eliot Bostar. “We must continue to drive capital to those companies that can maintain quality jobs that will enhance the quality of life for Nebraskans.”
As major investors in the company, both CDVCA and Advantage Capital have supported Beehive through multiple rounds to support its mission to provide people with simple, powerful and flexible digital solutions.
“We are pleased to continue supporting this innovative company with growth capital,” said Kerwin Tesdell, President of CDVCA. “Beehive is a fantastic example of a company that is modernizing systems to help citizens better connect with government agencies. With this latest round, we are excited to see what will come next in its growth trajectory.”
In 2014, Advantage Capital led a $2.5 million Series A round in Beehive Industries. In 2018, both CDVCA and Advantage Capital supported the company in a Series B round by investing $1.5 million, and later a 2020 convertible note that led to this latest round. To date, Beehive Industries has secured $12.3 million in total venture funding.
“While the Covid-19 pandemic delayed Beehive’s opportunity to perform on-premise demos and transition potential clients to cloud-based asset and infrastructure management, we are excited by the momentum they have generated this year in bringing their software to the municipal government marketplace,” said Josh Rogers, Senior Vice President at Advantage Capital. “Their software provides a fantastic opportunity for utilities and other municipal entities to streamline their billing and other asset management capabilities.”
About Advantage Capital
Advantage Capital provides financing to established and emerging companies located in communities underserved by conventional sources of capital. Since 1992, the firm has invested more than $3.8 billion in companies from a diverse array of industry sectors and has helped support more than 66,000 jobs. Learn more at www.advantagecap.com, or via Twitter or LinkedIn.
About CDVCA
The Community Development Venture Capital Alliance (CDVCA) is the network for the field of community development venture capital (CDVC) investing. CDVC funds provide equity capital to businesses in underinvested markets, seeking market-rate financial returns, as well as the creation of good jobs, wealth, and entrepreneurial capacity.
About Beehive Industries
Beehive Industries, LLC provides software via a SaaS model for Asset Management, CMMS, and Utility Billing to public entities at the local, county and state level as well as private and semi-private entities. The company was founded in 2011 and is located in Lincoln, NE. With clients across the US, Beehive’s software is tailored for ease of deployment and user adoption. Learn more at: www.beehiveindustries.com.
Contact
Advantage Capital
Joe Stosberg, Communications Manager
jstosberg@advantagecap.com
Recent Press
Advantage Capital Makes First Investment from Empower the Change Fund with a $7.5 million Commitment to General Trucking
Growth Capital Fund with partner NMSDC Business Consortium Fund (BCF) aims to close the racial wealth gap with targeted investments in minority-owned companies.
Advantage Capital Makes First Investment from Empower the Change Fund with a $7.5 million Commitment to General Trucking
Advantage Capital, Arch Grants Announce Partnership to Support Entrepreneurs Committed to Growing Business in St. Louis
New resources made available to St. Louis startups through new partnership, $100,000 donation.
Advantage Capital, Arch Grants Announce Partnership to Support Entrepreneurs Committed to Growing Business in St. Louis
Advantage Capital, Son of a Saint Launch Scholarship for New Orleans Students
$100,000 donation from Advantage Capital to Son of a Saint expands existing partnership to help deserving boys and girls fund their education at New Orleans’ tuition-based schools
Advantage Capital, Son of a Saint Launch Scholarship for New Orleans Students
Advantage Capital Makes $2.5 million Impact Investment in Growing Ohio Company, Bezlio, to Help Spur Job Growth in the State
Investment made in connection with the Ohio New Markets Tax Credit Program—supported by Rep. Galonski and Sen. Sykes— provides funding to growing tech company, bringing quality jobs to Akron, Ohio
Advantage Capital Makes $2.5 million Impact Investment in Growing Ohio Company, Bezlio, to Help Spur Job Growth in the State
Why the Current Volatile Market is an Opportune Time for Impact Investing in Undercapitalized Entrepreneurs
In a recent article written by Advantage Capital Chief Impact Officer and Managing Director, Sandra M. Moore, she discusses how rather than trying to navigate volatile market conditions, a safer alternative for investors may be to look at impact investing in companies that historically have not had adequate access to funding.
Why the Current Volatile Market is an Opportune Time for Impact Investing in Undercapitalized Entrepreneurs
How Incentives Help Ensure Investments Reach The Right Areas
In a recent Forbes piece, Advantage Capital Managing Director, Ryan Brennan unpacks the importance of public-private partnerships. These partnerships empower communities across the country by channeling capital into overlooked and underserved areas.
How Incentives Help Ensure Investments Reach The Right Areas
Advantage Capital Recognized as a Real Leaders Top Impact Company for 2023
Advantage Capital, a venture capital firm, small business lender and impact investor, announced today its ranking on the 2023 Real Leaders 300 Top Impact Companies list. The firm ranks 76th among all companies and 4th among other impact investors.
Advantage Capital Recognized as a Real Leaders Top Impact Company for 2023
Finding and Funding Innovative Entrepreneurs Who Otherwise Get Missed
During the SOCAP Global 2022 conference, Advantage Capital managing director, Ryan Brennan joined Imogen Rose-Smith on the Money + Meaning podcast. In this riveting discussion Brennan speaks to the importance of funding innovative entrepreneurs who otherwise get missed and the mission behind Advantage Capital.
Finding and Funding Innovative Entrepreneurs Who Otherwise Get Missed
Advantage Capital Hires Nick Barbknecht to Support Advocacy Efforts and Lead Legislative Strategy for Impact Investing Firm’s Growing Renewable Energy Solutions Business Line
A new Senior Associate will help accelerate community and government relations for solar development and other public/private partnership initiatives.
Advantage Capital Hires Nick Barbknecht to Support Advocacy Efforts and Lead Legislative Strategy for Impact Investing Firm’s Growing Renewable Energy Solutions Business Line
Advantage Capital and the NMSDC Business Consortium Fund Announce New Limited Partners, Continued Progress for Minority Business Growth Fund
Empower the Change Fund adds additional Limited Partners, growing fund focused on providing access to capital to minority-owned business enterprises (MBEs)
Advantage Capital and the NMSDC Business Consortium Fund Announce New Limited Partners, Continued Progress for Minority Business Growth Fund
Advantage Capital Hires Industry Veteran Cindy Colvin to Lead Impact Investing Firm’s Growing Low-income Housing Tax Credit Line of Business
New Managing Director will oversee strategy and day-to-day operations for financing affordable homes in overlooked, underserved areas.
Advantage Capital Hires Industry Veteran Cindy Colvin to Lead Impact Investing Firm’s Growing Low-income Housing Tax Credit Line of Business
US Department of the Treasury Awards Impact Investor, Advantage Capital, $35 Million to Continue Participation in New Market Tax Credits Program
New Market Tax Credits (NMTC) Program Incentivizes Investment in Underserved Areas, Allowing Advantage Capital to Provide Flexible Financing to Entrepreneurs Across America
US Department of the Treasury Awards Impact Investor, Advantage Capital, $35 Million to Continue Participation in New Market Tax Credits Program
Advantage Capital Partners with SOCAP Global for Cornerstone Impact Investing Event
Investors, entrepreneurs, policy leaders, corporations, academics to convene to align on action to accelerate progress toward a more equitable economy in the face of challenging market conditions
Advantage Capital Partners with SOCAP Global for Cornerstone Impact Investing Event
UnityLab Secures $4.5 Million Series A Funding to Accelerate Growth, Add Jobs and Expand Manufacturing Operations in Dushore, Pennsylvania
Advantage Capital leads round to fuel UnityLab’s market expansion strategy and mission to bring manufacturing, innovation, and a positive impact to small towns across the USA.
UnityLab Secures $4.5 Million Series A Funding to Accelerate Growth, Add Jobs and Expand Manufacturing Operations in Dushore, Pennsylvania
Beehive Industries Receives $2.1 Million Investment to Accelerate Market Growth for Cloud-Based Integrated Software Systems
The Community Development Venture Capital Alliance (CDVCA), in partnership with Advantage Capital, announced today a $2.1 million investment in Beehive Industries to help accelerate the company’s go-to-market strategy for its cloud-based integrated software systems.
Beehive Industries Receives $2.1 Million Investment to Accelerate Market Growth for Cloud-Based Integrated Software Systems
Advantage Capital Names Julie Laperouse Chief Talent Officer to Support Venture Capital, Impact Investing Firm’s Continued Growth
New Chief Talent Officer will lead recruiting, leadership development, oversee all Human Resources initiatives for the firm
Advantage Capital Names Julie Laperouse Chief Talent Officer to Support Venture Capital, Impact Investing Firm’s Continued Growth
The Political Life Podcast: Combining Investing and Government Relations with Rachel Stern
This week, Advantage Capital's own, Rachel Stern joined The Political Life Podcast to discuss InState Partners' work in supporting emerging GovTech Businesses.
The Political Life Podcast: Combining Investing and Government Relations with Rachel Stern
Advantage Capital Invests $7.5 Million in FIAT Products, Securing Jobs in Somerset
A recent investment in connection with the Kentucky New Markets Development Program will help FIAT Products stay in Somerset, transition to American-owned company.
Advantage Capital Invests $7.5 Million in FIAT Products, Securing Jobs in Somerset
Advantage Capital Hires Pete Byford as Senior Vice President
New SVP will co-lead the expansion and acceleration of growing business line dedicated to bringing capital, quality jobs to underserved areas across America
Advantage Capital Hires Pete Byford as Senior Vice President
Lockers Manufacturing Receives $2.5 Million Investment to Support Growth and Expansion in Batesville, MS
Advantage Capital’s $2.5 million investment in Lockers Manufacturing will help the company onshore production, bringing 60 jobs to Batesville, MS.
Lockers Manufacturing Receives $2.5 Million Investment to Support Growth and Expansion in Batesville, MS
Advantage Capital Releases Annual Impact Report
Venture Capital Firm, Small Business Lender, Impact Investor Advantage Capital Releases Job Creation, Community Impact Results; Reaches Major Milestone Celebrating 30th Anniversary as a Firm
Advantage Capital Releases Annual Impact Report
Kansas Approves New Program Designed to Drive Affordable Housing Development in Distressed Areas Across the State
Impact Investor Advantage Capital Prepared to Provide Flexible Financing, Creative Capital Solutions to Support Projects that Create Community Stability
Kansas Approves New Program Designed to Drive Affordable Housing Development in Distressed Areas Across the State
‘Empower the Change’ Growth Fund Aims to Close the Racial Wealth Gap
Venture Capital Firm, Small Business Lender, Impact Investor Advantage Capital Teams Up with NMSDC Business Consortium Fund to Introduce, Unveil the Empower the Change Fund
‘Empower the Change’ Growth Fund Aims to Close the Racial Wealth Gap
Advantage Capital Invests $2.75 Million in Thomson Plastics, Bringing Economic Growth to Rural Georgia
Advantage Capital, a venture capital firm, small business lender and impact investor, today announced a $2.75 million investment in Thomson-based plastic injection molder, Thomson Plastics, Inc. The funding, made in connection with the Georgia Agribusiness and Rural Jobs Act (GARJA), will provide the company with working capital necessary to execute on growth opportunities and continue expanding its business in Thomson.
Advantage Capital Invests $2.75 Million in Thomson Plastics, Bringing Economic Growth to Rural Georgia
Advantage Capital and the NMSDC Business Consortium Fund Announce New Private Growth Fund
Advantage Capital and the NMSDC Business Consortium Fund (BCF) announced today the launch of a new fund dedicated to providing access to capital to minority-owned business enterprises (MBEs). The partnership represents a unique pairing that brings together the BCF’s 30-year history of providing access to capital to entrepreneurs of color with Advantage Capital’s 30 years of investment expertise in highly distressed urban core and rural communities.
Advantage Capital and the NMSDC Business Consortium Fund Announce New Private Growth Fund
Advantage Capital Hires Jeff Grass as Vice President of Communications and Stakeholder Engagement
Venture capital firm, small business lender and impact investor Advantage Capital has hired Jeff Grass to lead all corporate communications and marketing activities as Vice President of Communications and Stakeholder Engagement.
Advantage Capital Hires Jeff Grass as Vice President of Communications and Stakeholder Engagement
Advantage Capital Recognized as a Real Leaders 200 Top Impact Company for 2022
Venture capital firm, small business lender and impact investor, Advantage Capital announced today its ranking on the 2022 Real Leaders 200 Top Impact Companies list. Recognized as one of the world’s top impact companies for the fourth year in a row, Advantage Capital invests in small and growing businesses in economically underserved communities, to support jobs and drive inclusive economic growth.
Advantage Capital Recognized as a Real Leaders 200 Top Impact Company for 2022
Advantage Capital Awarded $60 Million Allocation in New Markets Tax Credit Program
U.S. Treasury program totals $5 billion to promote economic growth and jobs in distressed communities across the country.
Advantage Capital Awarded $60 Million Allocation in New Markets Tax Credit Program
Advantage Capital Invests $2 Million in FlyGuys
Series A funding, in connection with Louisiana’s New Markets Tax Credit Jobs Act, supports FlyGuys’ growth in nascent drone industry
Advantage Capital Invests $2 Million in FlyGuys
Advantage Capital Invests $2.75 Million in Neighbors Cookies
Advantage Capital today announced a $2.75 million investment in West Monroe-based cookie dough and confectionary distributor, Neighbor’s Cookies. The investment will provide this woman-owned business with capital to expand operations and bring on as many as 15 new employees.
Advantage Capital Invests $2.75 Million in Neighbors Cookies
Trucking Innovation Secures $1.38M New Markets Investment from Advantage Capital
Investment fuels job growth and continued expansion in minority-owned and operated business; job count expected to more than double in two years.
Trucking Innovation Secures $1.38M New Markets Investment from Advantage Capital
Advantage Capital Hires Two Community Finance Fellows
Open Access Fellowship program aims to address underrepresentation by Black, Latinx and diverse professionals in community development finance
Advantage Capital Hires Two Community Finance Fellows
Advantage Capital Recognized as a Real Leaders 150 Top Impact Company for 2021
Ranking #39 out of 150, Advantage Capital joins companies like Patagonia, Beyond Meat and Tesla in this year’s list.
Advantage Capital Recognized as a Real Leaders 150 Top Impact Company for 2021
Advantage Capital Leads $4.25 Million Series A Round in AI Elder Care Solution Company, Ai2
An Investment in Algorithmic Intuition (Ai2) is powering the growth and expansion of this first-of-its-kind solution that pairs existing sensor technology with an open architecture, artificial intelligence (AI) platform to provide comprehensive eldercare monitoring.
Advantage Capital Leads $4.25 Million Series A Round in AI Elder Care Solution Company, Ai2
Advantage Capital Invests $2.1 million in Las Vegas-Based Market Research Firm Precision Opinion
Advantage Capital today announced a $2.1 million investment in Las Vegas-based market research firm, Precision Opinion. The investment, made in connection with the Nevada New Markets Jobs Act (NMJA), provides working capital to support product development, sales and marketing, and talent acquisition.
Advantage Capital Invests $2.1 million in Las Vegas-Based Market Research Firm Precision Opinion
Advantage Capital Completes Financing with Las Vegas-Based Staffing Agency, All-In Recruiting
Advantage Capital today announced a small business loan in Las Vegas-based staffing and recruitment agency, All-In Recruiting. This minority- and woman-owned boutique agency specializes in placing top talent and diverse professionals in mid- to senior-level positions for tech giants such as Microsoft and SharkNinja.
Advantage Capital Completes Financing with Las Vegas-Based Staffing Agency, All-In Recruiting
Advantage Capital survey: Job retention among small business portfolio companies remains consistent with pre-pandemic levels
Mid-year 2020 survey highlights jobs-based impact of portfolio companies nationwide
Advantage Capital survey: Job retention among small business portfolio companies remains consistent with pre-pandemic levels
Advantage Capital Announces a $2.5 Million Investment in Las Vegas-Based Aviation Service Company, Maverick Helicopter
Advantage Capital today announced a $2.5 million investment in Las Vegas-based aviation service company, Maverick Helicopter. The investment will help the company weather the economic downturn attributed to COVID-19 and retain nearly 300 Nevada employees.
Advantage Capital Announces a $2.5 Million Investment in Las Vegas-Based Aviation Service Company, Maverick Helicopter
St. Louis-based Advantage Capital Secures $60 Million Allocation in New Markets Tax Credit Program
U.S. Treasury program totals more than $3.5 billion to promote economic growth and jobs in distressed communities across the country.
St. Louis-based Advantage Capital Secures $60 Million Allocation in New Markets Tax Credit Program
Advantage Capital Solar Partners Completes Financing With Generate Capital
Advantage Capital is partnering with Generate to facilitate the adoption of community solar projects in New York.
Advantage Capital Solar Partners Completes Financing With Generate Capital
Advantage Capital Awarded $60 Million Allocation in New Markets Tax Credit Program
U.S. Treasury program totals more than $3.5 billion to promote economic growth and jobs in distressed communities across the country.
Advantage Capital Awarded $60 Million Allocation in New Markets Tax Credit Program
Advantage Capital Invests $5 Million in Cady Bag, Supporting Economic Development in Rural Georgia
Advantage Capital today announced a $5 million investment in Pearson-based Cady Bag—a leading producer of polypropylene fabrics and bags—in connection with the Georgia Agribusiness and Rural Jobs Act (GARJA).
Advantage Capital Invests $5 Million in Cady Bag, Supporting Economic Development in Rural Georgia
Advantage Capital Invests $2 Million in GAXtracts, Bringing New Jobs and Economic Development to Rural Georgia
GAXtracts seeks to expand its current facility and bring new jobs to Watkinsville, highlighting the economic impact of the Georgia Agribusiness and Rural Jobs Act (GARJA).
Advantage Capital Invests $2 Million in GAXtracts, Bringing New Jobs and Economic Development to Rural Georgia
Advantage Capital hires Erika Williams as Vice President of Talent
Venture capital firm and small business lender Advantage Capital has hired Erika Williams as Vice President of Talent.
Advantage Capital hires Erika Williams as Vice President of Talent
Advantage Capital Solar Partners Completes Financing with Fund Managed by Greenbacker Capital Management
Advantage Capital continues to provide needed capital for small and mid-sized commercial and utility solar projects.
Advantage Capital Solar Partners Completes Financing with Fund Managed by Greenbacker Capital Management
Advantage Capital Invests $2.94 Million in Cultiva, Supporting Company Expansion in Las Vegas
Advantage Capital announced a $2.94 million investment in Las Vegas-based Cultiva, LLC. The investment, made in connection with the Nevada New Markets Jobs Act, comes at a time when critical resources are needed to help shore up businesses around the country affected by the COVID-19 crisis.
Advantage Capital Invests $2.94 Million in Cultiva, Supporting Company Expansion in Las Vegas
Advantage Capital Solar Partners Completes Equity Financing With Delaware River Solar
Operating under New York’s Community Distributed Generation program, the projects together generate enough energy to power the equivalent of 2,200 homes.
Advantage Capital Solar Partners Completes Equity Financing With Delaware River Solar
Advantage Capital makes Real Leaders 100 Top Impact Companies for second year in a row
Today, Advantage Capital – for the second year in a row – made the Real Leaders 100 Top Impact Companies list. Weighing in at #30 this year, we are in good company among major global brands and impact leaders, such as Patagonia, Chobani, Unilever and Tesla. We are thrilled to make this list again and receive this great recognition.
Advantage Capital makes Real Leaders 100 Top Impact Companies for second year in a row
Advantage Capital Invests in First Orion, Supporting HQ Expansion and Job Creation in North Little Rock
The First Orion investment, in connection with the New Markets Tax Credit (NMTC) program, supports the company’s growth and promotes local economic development and jobs in North Little Rock.
Advantage Capital Invests in First Orion, Supporting HQ Expansion and Job Creation in North Little Rock
Advantage Capital Invests $1.75 Million in StruXure, Bringing Jobs and Economic Development to Rural Georgia
StruXure looks to expand its current facility and bring new jobs to Lumpkin County, highlighting the economic impact of the Georgia Agribusiness and Rural Jobs Act (GARJA).
Advantage Capital Invests $1.75 Million in StruXure, Bringing Jobs and Economic Development to Rural Georgia
E-Pak Manufacturing Receives Investment From Advantage Capital to Fund New Growth Opportunities
E-Pak Manufacturing, a leader in the steel roll-off container and trailer industry, announced today that the company has closed on a preferred equity investment by Advantage Capital. This new funding, in connection with the Ohio Rural Business Growth Program, allows E-Pak to continue to expand its product lines and grow jobs in rural northeastern Ohio.
E-Pak Manufacturing Receives Investment From Advantage Capital to Fund New Growth Opportunities
Advantage Capital Invests in Capital City Trucking, Supporting Business and Job Growth in Mississippi
Today, Advantage Capital announced a $3.375 million investment in Richland, Mississippi-based Capital City Trucking. This follows an initial investment earlier in 2019, which allowed the freight company to triple its employee base and pursue significant growth opportunities.
Advantage Capital Invests in Capital City Trucking, Supporting Business and Job Growth in Mississippi
Advantage Capital Invests in MeltBlown Technologies, Supporting Economic Growth in Rural Georgia
Advantage Capital today announced an investment in MeltBlown Technologies, a leading manufacturer of industrial absorbents. The investment was made through the Georgia Agribusiness and Rural Jobs Act program and supports the company’s anticipated growth while adding over a half-dozen jobs in the near term.
Advantage Capital Invests in MeltBlown Technologies, Supporting Economic Growth in Rural Georgia
Advantage Capital Expands Executive Leadership Team With the Return of Ryan Brennan, Former COO of OPIC, as Managing Director
Advantage Capital announced today that Ryan Brennan will join the firm as Managing Director. Brennan will lead efforts to foster access to capital and economic development in underserved communities across the country. He will also join the leadership of the firm’s fundraising team and spearhead new initiatives to strengthen and develop internal talent and assets.
Advantage Capital Expands Executive Leadership Team With the Return of Ryan Brennan, Former COO of OPIC, as Managing Director
Rural Counties Receive Economic Lift with Georgia Program
Through the Georgia Agribusiness and Rural Jobs Act (GARJA), Advantage Capital made an investment in Danimer Scientific, a growing company focused on helping to end global plastic pollution. Danimer’s growth in rural Bainbridge, Georgia, is highlighted in the Summer 2019 issue of Georgia County Government magazine as part of a special focus on rural counties and the economic lift made possible through the GARJA program.
Rural Counties Receive Economic Lift with Georgia Program
Advantage Capital Invests in Danimer Scientific, Supporting Company’s Growth in Rural Georgia
Advantage Capital today announced a $6.5 million investment in Danimer Scientific, a leading biotechnology company producing biodegradable and compostable polymers used in consumer and industrial products. The investment was made through the GARJA program and supports the company’s anticipated growth as it seeks to boost capacity and significantly increase its workforce at its Bainbridge, GA location over the next few years.
Advantage Capital Invests in Danimer Scientific, Supporting Company’s Growth in Rural Georgia
Louisiana, look to the past to help secure your future
While other states have followed our lead for 30 years, Louisiana should now wisely learn from their efforts. Policymakers can draw lessons from how incentive programs have evolved in other states, learn from their mistakes and adopt their innovations. That will place us on the cutting edge of new approaches, says Advantage Capital Managing Director Michael Johnson, in the latest City Business article posted February 21.
Louisiana, look to the past to help secure your future
Opportunity Zones offer new life in long-ignored Louisiana neighborhoods
Ensuring that Opportunity Zones are successful requires thinking through with private and public parties how to protect existing residents and businesses while creating opportunity that’s needed for future growth, says Advantage Capital Vice President Philip Ruppel. Learn more about the Opportunity Zone program and where the real value may come into play, for maximum community impact throughout Louisiana.
Opportunity Zones offer new life in long-ignored Louisiana neighborhoods
Outside NOLA City Limits: Rural Louisiana Could Use a Kickstart
Louisiana’s rural small businesses need capital to grow and create new opportunities. Without it, thriving rural communities can turn into ghost towns, says Advantage Capital Principal Tony Toups.
Outside NOLA City Limits: Rural Louisiana Could Use a Kickstart
Incentives Turn New Orleans Into a Tech Boom City
The thing about incentives is that in igniting growth and inspiring entrepreneurs, cities like New Orleans become a magnet for top-tier new talent that fire up new phases of expansion, says Advantage Capital Chief Financial Officer Justin Obletz.
Incentives Turn New Orleans Into a Tech Boom City
Advantage Capital Selected to the Inaugural Real Leaders 100 Top Impact Companies
We are honored to be selected to the inaugural Real Leaders 100 Top Impact Companies. Read more about us and other RL100 companies that prove business can be a Force for Good.
Advantage Capital Selected to the Inaugural Real Leaders 100 Top Impact Companies
Advantage Capital Invests in Momentum Solar, Supporting Company’s Explosive Growth and Strengthening the Clean Energy Economy
Advantage Capital today announced a $4.1 million investment in Momentum Solar, a residential solar company offering solar design, engineering and installation services across New Jersey, New York and five other states. The investment, through the Grow NJ program, supports the company’s expansion plans and growth strategy.
Advantage Capital Invests in Momentum Solar, Supporting Company’s Explosive Growth and Strengthening the Clean Energy Economy
Advantage Capital Invests in Mirac, Preserving Company’s Strong Manufacturing Presence in Rural Ohio
Advantage Capital today announced a $7.55 million investment in Mirac, Inc., a rural Ohio-based electronics assembly and fabrication company with locations in Lynchburg and West Union, that will help keep jobs in rural Ohio.
Advantage Capital Invests in Mirac, Preserving Company’s Strong Manufacturing Presence in Rural Ohio
Novogradac Journal of Tax Credits Volume 9 Issue 9: NMTC Investment in Operating Businesses Complex, Beneficial
It's not simple to invest NMTCs in operating businesses, but it's impactful. It comes down to permanent, quality and accessible jobs, says Advantage Capital Managing Director Jonathan Goldstein.
Novogradac Journal of Tax Credits Volume 9 Issue 9: NMTC Investment in Operating Businesses Complex, Beneficial
Advantage Capital Invests in Ohio-Based RXQ Compounding, LLC
Advantage Capital today announced a nearly $3.6 million investment in RXQ Compounding, LLC, an FDA-approved outsourcing facility that manufactures medical formularies and medications used in physician offices and hospitals across the country, located in Athens County, one of Ohio’s hardest hit rural areas.
Advantage Capital Invests in Ohio-Based RXQ Compounding, LLC
Advantage Capital Agribusiness Partners Invests in New Hampshire-Based Rustic Crust, Inc.
Advantage Capital Agribusiness Partners, LP (ACAP) invests in Rustic Crust, Inc., a “better-for-you” pizza company.
Advantage Capital Agribusiness Partners Invests in New Hampshire-Based Rustic Crust, Inc.
Advantage Capital Picks Winning Teams in Revitalizing Communities and Putting Capital to Work
Advantage Capital celebrates some of the country's top emerging leaders in community finance at MIT's Community Finance Challenge.
Advantage Capital Picks Winning Teams in Revitalizing Communities and Putting Capital to Work
Advantage Capital Portfolio Company Cleveland HeartLab, Inc. Acquired by Quest Diagnostics
Cleveland HeartLab becomes the base for Quest Diagnostics’ first national center of excellence in cardiometabolic disorders.
Advantage Capital Portfolio Company Cleveland HeartLab, Inc. Acquired by Quest Diagnostics
Advantage Capital Napa, CA Office Statement
For Immediate Release: Advantage Capital’s office in Napa, California will be closed until further notice as a result of the recent Northern California fires.
Advantage Capital Napa, CA Office Statement
Advantage Capital Managing Director Ryan Brennan Appointed to the Overseas Private Investment Corporation
Advantage Capital has announced that Managing Director Ryan Brennan has been appointed as Vice President, Office of Investment Policy at the Overseas Private Investment Corporation (OPIC), the development finance arm of the federal government.
Advantage Capital Managing Director Ryan Brennan Appointed to the Overseas Private Investment Corporation
Advantage Capital Will Use NMTC Allocation to Spur Economic Growth
On November 22, 2016, Advantage Capital announced that it was awarded an $80-million allocation in the federal New Markets Tax Credit (NMTC) program. Administered by the U.S. Department of the Treasury, this program helps economically distressed communities attract private investment capital. This brings Advantage Capital’s total awards to $739 million since 2001.
Advantage Capital Will Use NMTC Allocation to Spur Economic Growth
Advantage Capital Agribusiness Partners Invests in Florida-Based Vintage Italia
Advantage Capital Agribusiness Partners, LP (ACAP), along with Silas Capital and Emil Capital Partners, announced today it is leading a $3 million financing round in Florida-based Vintage Italia. Dedicated to providing capital to companies in food and agribusiness industries, ACAP has selected Vintage Italia – founded by entrepreneur Jerry Bello – as the first company within the snack food category to receive support from the fund.
Advantage Capital Agribusiness Partners Invests in Florida-Based Vintage Italia
Advantage Capital Agribusiness Partners Invests in California-Based Hip Chick Farms
Advantage Capital Agribusiness Partners, LC (ACAP) announced today a $2-million investment in Hip Chick Farms, which offers a line of organic and fully cooked frozen poultry entrées. The investment comes at a time of growth for Hip Chick Farms, supporting its release of new products as the company begins to supply to large retailers Target and Kroger.
Advantage Capital Agribusiness Partners Invests in California-Based Hip Chick Farms
Advantage Capital Agribusiness Partners Invests in Texas-Based NurturMe
Advantage Capital Agribusiness Partners, LP (ACAP) announced today a $3.7 million investment in NurturMe, which produces organic quinoa-based baby food and toddler snacks. Dedicated to providing capital to companies in food and agribusiness industries, ACAP has selected NurturMe – a startup founded by Austin, Texas-based entrepreneurs Caroline Freedman and Lauren de la Rosa – as the first company within the baby food category to receive support from the fund.
Advantage Capital Agribusiness Partners Invests in Texas-Based NurturMe
Advantage Capital Agribusiness Partners Makes Follow-On Investment in Pacific Ag
Advantage Capital Agribusiness Partners, LP (ACAP) has announced a second investment in Pacific Ag, the nation’s largest crop residue supply chain solutions company, to help fund the acquisition of Calagri, a leading regional agricultural residue and hay harvesting company.
Advantage Capital Agribusiness Partners Makes Follow-On Investment in Pacific Ag
Advantage Capital Partners Makes Investments in Three Ohio Businesses
Advantage Capital Partners announced today investments in three Ohio companies -- Cleveland HeartLab, Inc., DOmedia, LLC and Global Cooling, Inc. Over the past 12 months, Advantage Capital has invested a total of $10.89 million into five separate businesses with the help of the federal New Markets Tax Credit program and the Ohio New Markets Jobs Act.
Advantage Capital Partners Makes Investments in Three Ohio Businesses
Advantage Capital Agribusiness Partners Makes Follow-on Investment in American Botanicals
Advantage Capital Agribusiness Partners, LP (ACAP) has announced a second investment in American Botanicals, LLC, a Missouri-based supplier of bulk herbs and botanical products, to help fund the acquisition of Aloha Medicinals, Inc., a biotechnology company focused on medicinal mushroom production.
Advantage Capital Agribusiness Partners Makes Follow-on Investment in American Botanicals
Advantage Capital Agribusiness Partners Leads $10 Million Investment in Hortau
Advantage Capital Agribusiness Partners, LP (ACAP) has announced its second investment in Hortau, a leader in irrigation management systems. The investment was part of a $10 million financing round led by ACAP and joined by BDC Capital, Inc., Avrio Ventures LP II and Capital régional et coopératif Desjardins.
Advantage Capital Agribusiness Partners Leads $10 Million Investment in Hortau
Advantage Capital Partners Provides Additional Capital to Innovations of the Year Awardee
Advantage Capital Partners has announced an additional investment in GENICON, a designer, manufacturer and global distributor of laparoscopic surgery products. GENICON recently received the Society of Laparoendoscopic Surgeons’ 2015 Innovations of the Year recognition for GENICON’s GENIStrong Specimen Retrieval Bag.
Advantage Capital Partners Provides Additional Capital to Innovations of the Year Awardee
Advantage Capital Partners Announces Investment in Rural Utah Manufacturer
Advantage Capital Partners has announced an investment utilizing the Utah New Markets Jobs Act in ACT Aerospace, a manufacturer specializing in composite design, analysis and production for the military and commercial aerospace industries.
Advantage Capital Partners Announces Investment in Rural Utah Manufacturer
Advantage Capital Agribusiness Partners Invests in Organic Herb Grower Shenandoah Growers
Advantage Capital Agribusiness Partners, LP (ACAP) has announced an investment in Shenandoah Growers, one of the nation’s top suppliers of certified organic herbs specializing in serving retail grocers. Located in Harrisonburg, Va., Shenandoah Growers produces and sells both live potted herbs and fresh cut herbs to many of the leading food retailers in the U.S. ACAP invested in Shenandoah alongside food and agriculture equity groups Middleland Capital and S2G Ventures.
Advantage Capital Agribusiness Partners Invests in Organic Herb Grower Shenandoah Growers
Advantage Capital Agribusiness Partners Invests in Pacific Ag
Advantage Capital Agribusiness Partners, LP (ACAP) has announced a $7 million investment in Pacific Ag, the nation’s leader in large-scale agricultural feedstock supply chain solutions. Pacific Ag harvests and markets hay crops, grass, wheat, corn and other crop residues for hundreds of U.S. growers, which are sold into various end markets, both domestic and export.
Advantage Capital Agribusiness Partners Invests in Pacific Ag
Advantage Capital Agribusiness Partners Announces $5 Million Investment in Hortau Corp.
Advantage Capital Agribusiness Partners, LP (ACAP) has announced a $5 million investment in Hortau Corp., a California-based leader in irrigation management systems. Founded in 2002 and based in San Luis Obispo, Calif., Hortau is a designer and manufacturer of technology-enabled soil monitoring and irrigation management systems for agricultural applications.
Advantage Capital Agribusiness Partners Announces $5 Million Investment in Hortau Corp.
Advantage Capital Partners Announces Investment in Central Florida Medical Device Manufacturer
Advantage Capital Partners has announced an investment in GENICON, a designer, manufacturer and global distributor of over 200 products in the laparoscopic surgery market. GENICON, headquartered in Winter Park, Fla., offers innovative products across the U.S. and to over 60 international markets.