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Advantage Capital Invests $11.5 Million in Conn. Company, Specialty Printing, to Support Growth and Strengthen Operations

Advantage Capital Invests $11.5 Million in Conn. Company, Specialty Printing, to Support Growth and Strengthen Operations

May 14, 2025 Craig Etkin

Investment made in connection with InvestCT program to bring 50 new jobs to Windsor, Conn.

WINDSOR, Conn.–(BUSINESS WIRE)–Advantage Capital, a leading impact investment firm that invests with intention in underserved areas, announced today an $11.5 million investment in Specialty Printing made in connection with the InvestCT program. The financing will allow the company to expand its workforce of 215 employees by adding 50 new positions, supporting ongoing growth and innovation. It will also provide critical working capital, enabling the company to significantly enhance operational efficiency at its 330,000-square-foot facility in Windsor.

“This investment in Specialty Printing demonstrates how strategic capital deployment can help companies thrive, create jobs, and contribute to our local economy.”Share

“This funding comes at a critical time in our company’s growth trajectory, and I am happy our business is able to benefit from the InvestCT program,” said Bill Bailey, CEO, Specialty Printing. “This funding provides us with the financial flexibility needed to execute our growth strategy, continue innovating in sustainable labeling solutions, and support our customers nationwide with high-quality label products.”

The InvestCT program opens funding opportunities to entrepreneurs looking to grow their businesses in the state. According to the Connecticut Department of Economic Community Development, the program created more than 1,500 jobs between 2016 and 2023. It has been instrumental in funneling financing to small businesses and targeted municipalities that have historically lacked investment, as well as pre-seed and early-stage businesses looking to get their start in the state.

“The InvestCT program continues to be a catalyst for business growth in Connecticut,” said State Representative Jane Garibay. “This investment in Specialty Printing demonstrates how strategic capital deployment can help companies thrive, create jobs, and contribute to our local economy. I am proud to support initiatives like this that reinforce Connecticut’s position as a hub for manufacturing innovation.”

As a family-owned manufacturer specializing in high-quality labeling solutions, Specialty Printing plays a vital role in industries like grocery, medical, and logistics. Its recent expansion has strategically positioned it for accelerated growth. Advantage Capital’s investment will help streamline operations, enabling the company to capture new business opportunities and realize further efficiency gains.

“This investment underscores our commitment to supporting small businesses that drive economic growth and innovation,” said Tim Perusek, Principal, Advantage Capital. “Specialty Printing has demonstrated resilience and adaptability in a competitive industry, and we are excited to help strengthen its financial position and enable its continued success.”

About Advantage Capital

Advantage Capital is a leading impact investment firm with an emphasis on driving capital to underserved areas. The firm provides flexible financing to growth-ready entrepreneurs and industries located in communities that often lack access to conventional sources of capital. Since 1992, the firm has invested more than $4.4 billion in more than 1,000 companies to support more than 70,000 quality jobs. The firm also invests with intention in affordable housing developments and renewable energy solutions to grow economies and communities. Learn more at Advantagecap.com.

About Specialty Printing LLC

Founded in 1978, Specialty Printing LLC is a family-owned business specializing in pressure-sensitive labels with a major presence in the national grocery, medical, and logistics industries. Headquartered in Windsor, Connecticut with satellite offices in Tampa, Florida, Troy, Ohio and Fullerton, California, the company operates with a commitment to quality, innovation, and customer satisfaction.

Advantage Capital is an Investment Adviser registered with the U.S. Securities & Exchange Commission. Such registration, however, does not imply a certain level of skill or training. This release has been prepared for informational purposes and to announce a prior event, and nothing herein should be construed as an offer of investment advisory services or as an offer to sell or a solicitation of an offer to purchase any securities or investment product. All offers of investment interests in any fund or investment vehicle managed directly or indirectly by Advantage Capital are and will be made only to qualified prospective investors pursuant to separate and definitive offering and subscription documents in accordance with applicable federal and state securities laws. Advantage Capital is an equal opportunity provider.

Contacts

Advantage Capital
Joe Stosberg, Communications Manager
jstosberg@advantagecap.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Advantage Capital, Business Wire, Connecticut, Venture Capital, Windsor

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AI might be great at helping engineers write code, but it’s creating a new problem – all that code still needs to be reviewed by humans. CodeAnt AI is stepping in with a solution that uses AI to tackle the review process itself, raising $2 million in seed funding to help engineering teams move faster without sacrificing quality or security. The funding, CodeAnt AI’s first institutional round, values the company at $20 million. It will be used to expand the engineering and business development teams and to scale CodeAnt AI’s code quality and application security platform. For engineering teams already feeling the pressure to ship faster, the investment comes at the perfect time. The funding round was led by Y Combinator, VitalStage Ventures, and Uncorrelated Ventures, and with participation from DeVC, Transpose Platform, Entrepreneur First, and a number of marquee angel investors.

In a statement, Amartya Jha, Co-founder and CEO of CodeAnt AI said, “As AI-driven coding becomes widespread, the real bottleneck isn’t writing code — it’s reviewing it,” “Today, when a developer submits a change request, it often sits idle for hours or even days waiting for peer review. And even when a reviewer does pick it up, they rarely have full context of the code change. This is a critical risk point: most software bugs and vulnerabilities slip through at the peer review stage, where issues could have been caught early and cheaply.”

As AI continues to transform how code gets written, CodeAnt AI is positioning itself as the bridge to a future where code can be both rapidly created and confidently deployed. The founders envision a world where AI doesn’t just help developers write code faster, but also ensures that every line shipped to production is secure, efficient, and ready for the real world – giving engineering teams the confidence to move at the speed their businesses demand.
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Building on its 120-year tradition of caring for Northern Californians, Sutter Health today announced a transformational plan to expand access to its comprehensive, integrated and coordinated high-quality care across the greater East Bay region. As part of this phased approach, Sutter will construct a flagship campus in the City of Emeryville featuring a regional destination ambulatory care complex and a new medical center with an initial capacity of up to 200 beds and room for future expansion. The plan prioritizes recruiting primary care and specialty physicians, reducing barriers for patients when scheduling appointments and obtaining referrals for care, and investing in programs and partnerships to strengthen the healthcare workforce.  

In a statement Warner Thomas, president and CEO of Sutter Health said, “Our Emeryville campus project represents one of the most significant investments we’re making across our system over the next decade and is part of our broader vision to meet the community’s growing demand for expanded access to our services across the East Bay footprint,” “Too many people face challenges in accessing the care they need. At Sutter, we’re committed to breaking down those barriers—expanding care facilities, enhancing imaging capabilities, improving online appointment scheduling and collaborating with the Sutter East Bay Medical Group and our community physician partners to attract more primary and specialty care physicians. 

 
Sutter is investing more than $1 billion to expand services across the East Bay, ensuring patients will be able to conveniently reach comprehensive care within a 15-minute drive from home or work. At the heart of this regional expansion is the newly acquired, 12-acre Sutter Emeryville Campus at Horton and 53rd streets, which will serve as a key healthcare destination.  When complete, the approximately 1.3 million square foot, new medical campus in the heart of Emeryville, will offer outpatient services at two existing buildings totaling approximately 530,000 square feet, at 5555 Hollis Street and 5300 Chiron Street, plus acute care services at a newly constructed medical center adjacent to the Hollis Street property. The Sutter Emeryville campus will also offer medical office space and parking at an existing 1,992-space parking garage.
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Saica Group will begin construction this month on a $110 million expansion project in Anderson Indiana. Saica Group is one of the largest and most advanced European players in the development and production of recycled paper for corrugated packaging. Saica expects to start operations during Q4 2026 and plans to create more than 50 well-paid full-time jobs during the first two years of operation and more than 100 after the facility has completed its ramp-up phase some years after the startup. Designed with future growth in mind, the new facility will have almost 350,000-square-feet and will include manufacturing, converting and production areas, along with a warehouse and office space. 

In a statement Susana Alejandro, President and CEO of Saica Group, said: “Saica is committed to stability and long-term growth in the US. This investment is the proof that we are moving forward with our plans in the American continent as we are convinced that we can provide products that will differentiate us in a crowded market. It reflects our deep commitment to delivering exceptional service, as we believe our knowledge and experience in the production of recycled lightweight papers and corrugated packaging will bring high performance packaging to the US market while becoming more efficient in the use of materials”. 

Saica Group has been in business since 1943 and has a long track record of stable growth in the production of recycled paper and the packaging industry. Saica Group is a family-owned multinational company that cares about people, their well-being and their professional development. Currently the company employs more than 12,000 employees and has a revenue of 3.963 Billion dollars.
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