Avance Investment Management Closes Debut Fund Amid Record Q1 Results

Avance Investment Management, a lower midmarket firm launched in 2020 in the midst of the coronavirus pandemic, has been making waves in the investment world. A key aspect of the firm's strategy is sourcing opportunities it believes “would benefit from the growth of the US Hispanic population.” This forward-thinking approach has proven successful as the firm recently closed its debut fund with impressive results.

Two fast-growing US rental companies - Synergy Equipment and Opifex Enterprises – are set to merge, creating the ninth or tenth largest rental company in the country. This strategic move aligns with Avance Investment Management's focus on identifying opportunities for growth and expansion within the market.

Avance Gas, another successful venture backed by the firm, has achieved record Q1 results with increased revenue, strong net profit, and a robust balance sheet. This success reflects positively on Avance Investment Management's investment decisions and strategic guidance.

In a recent acquisition deal, Trethowans advised a group led by Just Develop It Ltd (JDI) on its purchase of Total Security Ltd, an online security company. This acquisition further demonstrates Avance Investment Management's commitment to investing in companies with high growth potential.

One of the reasons behind Avance Investment Management's rapid success is its ability to attract top talent. Perkins, a new addition to the team, expressed excitement about joining an emerging manager and being part of something innovative in the industry.

CNBC's 'Squawk Box' recently featured David Perez, a key figure at Avance Investment Management, discussing the new American economy and the growing Latino buying power. This segment highlighted the firm's unique approach to investment and its focus on capitalizing on demographic trends.