Avante Capital Provides Acquisition Financing to Support Fifth Century Partners’ Investment in Southern Paving & Milling

Committed capital structure backs a growing Southeast paving platform and its acquisition strategy 

LOS ANGELES, September 2026 — Avante Capital Partners, a private credit and equity firm investing in the lower middle market, today announced it has provided acquisition financing to support Fifth Century Partners’ (5CP) investment in Southern Paving & Milling (SPM), a provider of commercial paving and milling services across the Southeast. The transaction closed in September 2026. This transaction builds on Avante’s existing relationship with 5CP. 

Avante’s financing package included a term loan and a delayed draw term facility to fund future acquisitions. The committed capital gives SPM the flexibility to move quickly on add-on opportunities as it expands across the Southeast. 

“We are excited to partner with Fifth Century Partners again and to support Southern Paving & Milling in its next phase of growth. SPM has built a differentiated platform in an attractive, highly fragmented market, with strong customer relationships, and meaningful opportunities to expand organically and via M&A. We are impressed by 5CP’s thoughtful approach to building businesses and look forward to continuing our partnership with the SPM team.” said David Ng, Managing Director, at Avante.  

Avante provides senior debt, unitranche, subordinated debt, and equity co-investment to companies generating roughly $3 million to $30 million in EBITDA. The firm partners with private equity sponsors, independent sponsors, and business owners across the United States, tailoring capital structures to acquisition financing, growth capital, and recapitalization needs. Avante’s committed $875 million Fund IV / PCS provides the firm with dry powder to continue supporting portfolio companies like SPM as they execute additional tuck-in acquisitions and scale. 

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. For more information, please visit avantecap.com. 

Past performance is not indicative of future results. This announcement is intended for institutional investors only and does not constitute an offer to sell or a solicitation of an offer to buy any security. 

Media Contact:
Jesse Beck
jesse@avantecap.com