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September 18, 2019

Avante Capital Partners Announces a Unitranche Investment in Air Conditioning Innovative Solutions

Los Angeles, CA (September 2019) – Avante Capital Partners, a women-owned private credit and structured equity firm, is pleased to announce the completion of a unitranche debt and equity investment in Air Conditioning Innovative Solutions (“ACIS”), to support a significant equity investment by Caltius Equity Partners.  Founded in 2002, ACIS is a leading provider of commercial HVAC and plumbing maintenance and repair services in the Dallas / Fort Worth metroplex.  The Company’s customer-centric operating model and strong employee culture drives superior levels of service and technical expertise for its commercial and industrial customers. 

“Avante’s flexibility and conviction in supporting our growth objectives make them an ideal partner on ACIS,” stated Justin Benshoof, Principal at Caltius Equity Partners.  “We know from past investments together that they embrace a true partnership approach which fits perfectly with our own culture at Caltius.”

“We are very excited to partner with Caltius Equity and ACIS’ co-founders Mike Nichols and Kevin Self.  Mike and Kevin have built a top tier business over the past 17 years and with Caltius’ wealth of experience in growing facilities management businesses and partnering with founder-run companies, we expect to accelerate the Company’s already impressive growth trajectory.  We look forward to supporting the team as they pursue acquisitions and open new geographies to build a leading regional player in the growing commercial HVAC and plumbing sector,” said Paul Hayama, Partner at Avante Capital Partners.

About Avante Capital Partners

Avante Capital Partners is a woman-owned private credit and structured equity fund headquartered in Los Angeles.  Avante invests in high-quality, lower middle market businesses generating $3 million+ in cash flow in the form of unitranche debt, traditional mezzanine and minority equity.

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