Investment Summary

Advantage Capital Partners Invests In PayIt

On January 20, 2016, growth capital firm Advantage Capital Partners invested in internet software and services company PayIt

Investment Highlights
  • This is Advantage Capital Partners’ 8th transaction in the Internet Software and Services sector.
  • This is Advantage Capital Partners’ 188th transaction in the United States.
  • This is Advantage Capital Partners’ 29th transaction in Missouri.

Investment Summary
Date 2016-01-20
Target PayIt
Sector Internet Software and Services
Investor(s) Advantage Capital Partners
Deal Type Venture

Target

PayIt

Kansas, Missouri, United States
PayIt with a digital platform brings speed and simplicity to residents’ interactions with government. Its digital-based service enables people to easily access essential government services or perform tasks such as renew motor vehicle registration and pay taxes from any device, anywhere. PayIt was founded in 2013 and is based in Kansas, Missouri.

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Investor(S) 1

Investor

Advantage Capital Partners

New Orleans, Louisiana, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 1992
PE ASSETS 2.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Advantage Capital Partners is a private equity firm focused on providing growth capital to a variety of companies. The Firm's geographic coverage includes Alabama, Colorado, Florida, Hawaii, Louisiana, Mississippi, Missouri, New York, Texas, Wisconsin and Washington DC. Advantage looks to initially commit $0.5 to $2 million per investment and can provide mezzanine debt in addition to equity capital. Areas of interest include communications, information technology, life science, and energy. Advantage Capital was formed in 1992 and is headquartered in New Orleans, Louisiana.

DEAL STATS #
Overall 189 of 272
Sector (Internet Software and Services) 8 of 12
Type (Venture) 102 of 126
State (Missouri) 29 of 33
Country (United States) 188 of 270
Year (2016) 5 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-05 American GreenFuels

New Haven, Connecticut, United States

American GreenFuels is a producer of high-quality biodiesel in the Northeast US to meet the growing regional demand for biodiesel in home heating and transportation fuels, to provide energy, and promote environmental responsibility. American GreenFuels was founded in 2004 and is based in New Haven, Connecticut.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-02 Elevate Digital

Chicago, Illinois, United States

Elevate Digital LLC is a developer and provider of interactive informational and transactional software that is displayed on digital interactive devices placed in high foot traffic areas in major metropolitan markets.

Sell -
Mergr

Product

Company

Legal