AVANTech LLC is a vertically integrated designer, fabricator, and integrator of proprietary nuclear water, wastewater, and wet-waste treatment systems serving nuclear power, commercial, and industrial end markets. Founded in 1999 and headquartered in Columbia, South Carolina, the Company's technologies span demineralization, polymer solidification, filtration and ultrafiltration, reverse osmosis, and dewatering and drying applications. AVANTech supports mission-critical programs across the U.S. nuclear complex, including the Department of Energy's Hanford Site.
AVANTech engaged Candlewood Partners to refinance its existing capital structure and enhance financial flexibility to support continued growth across its Department of Energy and commercial nuclear programs. Candlewood served as exclusive financial advisor and placement agent, running a competitive financing process and arranging a new senior secured credit facility provided by J.P. Morgan.
Candlewood Partners served as exclusive financial advisor and placement agent to AVANTech in connection with a $55 million senior secured credit facility, consisting of a term loan and a revolving credit facility, provided by J.P. Morgan. The financing closed in June 2026, refinancing the Company’s existing facilities, lowering its cost of capital, and providing additional liquidity to fund continued growth across its government and commercial nuclear markets.
Candlewood Partners, LLC
Established 2001
