[February 4, 2022] – Byline Sponsor Finance (“BSF”) is pleased to announce the opening of a new office in the SouthPark area of Charlotte, N.C. and the additions of Wes Oakford and Eric Bostic as vice presidents. The new office and expanded team will further help to deliver senior secured financing solutions on a national basis to private equity partners. Oakford and Bostic join a team led by Dan Delgadillo, managing director and co-head, BSF.
“We’re excited to bolster our Charlotte team and move into a new space that will allow us to better serve the marketplace,” said Delgadillo. “We see a great deal of opportunity in the market and are continuing to add seasoned team members who can support private equity-backed lower middle market buyouts.”
Oakford joins Byline with a decade of experience in cash flow lending for private equity buyouts, recapitalizations, and add-on acquisitions. Prior to Byline, he worked at Barings in the Global Private Finance group responsible for underwriting and monitoring senior and mezzanine debt, and equity investment opportunities for middle market private equity transactions. Oakford is a graduate of St. Lawrence University and earned his MBA from Babson College. “I’m excited to join Byline’s Sponsor Finance platform at a time of strong momentum built off the group’s demonstrated success. I look forward to being a part of the team’s positive trajectory,” he said.
Bostic joins Byline with over 10 years of experience in cash flow lending, debt capital markets, and private equity. Prior to joining the BSF group, Eric worked for a Durham, N.C.-based family office, where he specialized in underwriting private equity and credit deals as well as assisting portfolio companies with debt capital markets needs. He also previously worked for Vanguard and LPL Financial where he performed investment manager due diligence. Bostic earned his bachelor’s degree in finance from North Carolina State University and is a CFA charter holder. “I am thrilled to join Byline at a time of strong growth both for the bank and the Sponsor Finance group. I look forward to contributing to the continued success of the platform.”
About Byline Sponsor Finance
Byline Sponsor Finance, with offices in Chicago, IL and Charlotte, NC, provides senior secured cash flow loans to private equity backed lower middle market companies throughout the United States. BSF focuses on companies that generate EBITDA between $2 million and $10 million with products that support the acquisition, recapitalization and growth investment efforts of private equity firms operating in the lower middle market. For more information visit, www.bylinebank.com/commercial/sponsor-finance/.
About Byline Bank
Headquartered in Chicago, Byline Bank is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $6.7 billion in assets and operates more than 40 full-service branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and retail banking products and services including small ticket equipment leasing solutions. For more information, visit: https://www.bylinebank.com/.
For more information please contact:
Dan Delgadillo, Managing Director
Co-Head, Byline Sponsor Finance
[email protected]
(404) 434-4020
Jim Kuncl, Managing Director
Co- Head, Byline Sponsor Finance
[email protected]
(312) 660-5751
