First Capital Partners Invests in Advantage Engineers
First Capital Partners Invests in Advantage Engineers
First Capital Partners is pleased to announce its subordinated (mezzanine) debt and equity investment in Advantage Engineers, LLC ("Advantage"). First Capital Partners teamed with management and Patriot Capital to make the investment.
Based in Mechanicsburg, Pennsylvania, and with offices in seven other cities, Advantage provides creative engineering and innovative consulting services in the specialized areas of telecommunications, environmental, geotechnical, construction observation and materials testing. The senior executive team at Advantage sought a capital partner to support its continued growth, including through acquisitions, and broaden its service offering to existing and new customers across the Mid-Atlantic region and beyond.
Advantage is led by CEO, Ed Balsavage, who commented, "We have achieved success over the past several years through organic growth by expanding work across all services areas, investing in our people, and securing larger and more complex projects. Today marks another step in our efforts to become one of the top engineering services firms in the country. Our team is very excited to partner with First Capital Partners and Patriot Capital as we continue to make strides toward accelerating growth and delivering the highest quality of work to our clients."