Los Angeles – Nov. 7, 2024 – Avante Capital Partners is pleased to announce the completion of a unitranche debt and equity co-investment in Electronic Source Company (ESC) to support a new portfolio investment by Sverica Capital Management.
Founded in 1994, ESC is a specialty provider of high-reliability electronics components for mission-critical product applications in the most demanding environments, primarily in the Aerospace & Defense and Space end markets. The Company is a full electronics assembly and turnkey partner for its customers, offering a complete spectrum of end-to-end services from circuit card assembly through complex box build, complemented by engineering services, prototype assembly, new product introduction, test services and supply chain solutions.
“Avante Capital Partners is proud to partner with Sverica Capital Management and support their investment in Electronic Source Company,” said Amanda Kim, Avante Capital Partners Principal. “We’re confident their deep expertise in the industry and knowledge of the market, combined with Electronic Source Company’s leadership team, will lead to success.”
“Electronic Source Company leads the industry when it comes to mission-critical product applications, and Avante Capital Partners is delighted to partner with Sverica Capital Management on this investment that will further ESC’s work in the field,” said Paul Hayama, Avante Capital Partners Senior Partner. “This investment will allow ESC to continue to pave new pathways towards innovation and development that benefit the industry, and we look forward to watching their growth.”
About Avante Capital Partners
Avante Capital Partners is an award-winning private credit and equity firm in the lower middle market. Since 2009, Avante has been successfully providing flexible capital solutions to growing businesses generating at least $3M in cash flows across numerous industries. Avante is a value-add partner to private equity firms, independent sponsors, and business owners throughout the United States.