Patriot Capital is pleased to announce a subordinated debt and equity investment in Advantage Engineers, LLC, alongside management and First Capital Partners.
Founded in 2001 and based in Mechanicsburg, Pennsylvania, Advantage provides specialized telecommunications, environmental and geotechnical engineering and consulting services for various end markets. Services offered include, but are not limited to, telecom site acquisition and engineering, laboratory and material testing, design and construction phase investigations and site assessments. Led by the Company's CEO, Ed Balsavage, and COO, John McGrath, the firm is comprised of high-caliber technical professionals including engineers, geologists, scientists, construction managers, site acquisition specialists and technicians.
In conjunction with the transaction, the senior executive team at Advantage was seeking a capital partner to support its continued and accelerated growth both through acquisition as well as through de novo office and new market development. Attractive acquisition opportunities include those that would broaden Advantage's service offering, to both existing and new customers.
About Patriot Capital
Patriot Capital is a leading source of growth capital for middle-market companies seeking to finance business expansion, acquisitions, management buyouts or balance sheet recapitalizations. Patriot Capital is focused on debt capital and minority equity investments. Our senior deal professionals each have over 20 years of diverse corporate finance experience. We provide companies with capital and seasoned business judgment for transactions.
Patriot Capital utilizes a disciplined investment strategy developed over many years that focuses on capital preservation, consistent earnings growth and income generation. Patriot Capital has invested in and managed companies successfully through varying periods of economic expansion and contraction. We understand and employ successful strategies and tactics needed to guide our companies through these periods.
