Breakwater Management Completes Debt and Equity Investment in Advantage Group Holdings

Los Angeles investment firm provides Senior Debt and Preferred Equity Financing to Parent Company of Advantage Gold and Brentwood Research

Los Angeles, CA (September 14, 2021) – Breakwater Management LP (“Breakwater”), a provider of flexible capital solutions to growing lower middle market companies, announced today that it has completed a debt and equity investment in Advantage Group Holdings (“AG” or the “Company”). Headquartered in Los Angeles, AG is the holding company parent of Advantage Gold and Brentwood Research, and is led by founders Kirill Zagalsky and Adam Baratta.

The Company’s consultative sales platform, Advantage Gold, markets precious metals, both for retail purchase and for investment into self-directed IRAs. Advantage Gold is a three-time winner of the Best of TrustLink award as the best firm in the precious metals category, and maintains the highest ratings awarded by the Better Business Bureau and TrustPilot. Advantage Gold is supported by its sister-entity, Brentwood Research, which creates proprietary financial educational content, including books, white papers and webinars. The Company selected Breakwater as its first institutional investment partner to provide both financing and strategic guidance as AG pursues an expansion of its current product and content offerings.

Eric Beckman, Managing Partner at Breakwater commented: “AG’s talented team, emphasis on customer service and commitment to best practices have distinguished it as an industry leader.” Aamir Amdani, Director at Breakwater, added: “We look forward to working closely with the Company on several new and exciting growth opportunities.”

Kirill Zagalsky, AG Co-Founder, commented: “We want to thank Breakwater for its partnership and its commitment to supporting our next phase of rapid growth.” Co-Founder Adam Baratta added: “All of our interactions with Breakwater have made it very clear that our vision, values and expectations are closely aligned. Kirill and I are excited for what lies ahead.”

About Breakwater Management LP

Based in Los Angeles, Breakwater Management LP provides flexible debt and equity capital to growing lower middle market companies. The firm aligns itself with committed management teams, owners, and sponsors, providing creative financing solutions tailored to meet individual company needs. Breakwater’s senior investment team has over 65 years of private company investing experience and has built the firm on a deep commitment to integrity, partnership and growth.

To learn more about Breakwater, please visit www.breakwatermgmt.com or call (424) 777-4000.

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Dear friends,

It is with profound sadness that we relay news of the recent death of our partner Saif Mansour. Saif passed away suddenly on October 27th due to an undiagnosed heart condition.

Saif founded Breakwater in 2009 as a young entrepreneur, with the vision of creating an investment firm that reflected his commitment to excellence, integrity, and long-term partnership. He was an incredibly intelligent, energetic, kind, and charismatic person, and a great connector of people who brought joy to everyone who knew him. He was a talented investor, a wonderful friend, and a natural leader.

Saif’s passion for Breakwater was surpassed only by his enormous love for his wife and their two young children. We grieve with them and extend our deepest sympathies to all of his family and friends.

We are heartbroken by this terrible loss but will honor Saif’s memory by continuing to build a firm that reflects his entrepreneurial spirit and core values. May his memory be a blessing to us all.

Sincerely,
The Breakwater Family

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