Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced that it has provided financing to support The Zabel Companies (“Zabel”) in its investment in Stan’s Performance Products dba Stan’s NoTubes (“Stan’s NoTubes”). BSF was represented by Duane Morris, LLP.
Headquartered in Big Flats, New York, Stan’s NoTubes brought to market the first tubeless conversion kit for bikes in 2001, removing the traditional innertube from bike tires. Since then, Stan’s NoTubes has continued to innovate within the marketplace and broaden its product offering. Stan’s NoTubes is an industry leader in producing sealant, wheels and other cycling components and accessories. The brand is now one of the most recognizable names in mountain biking and the broader cycling markets.
“We are happy to partner with Zabel and to support their investment in Stan’s NoTubes. The company was at the forefront of the tubeless tire movement and has established itself as a key player in the mountain biking market. We are excited to back Zabel and the strong management team of Stan’s NoTubes and to aid in their growth going forward,” said Dan Delgadillo, Managing Director and Co-Head of Byline Sponsor Finance.
About Byline Sponsor Finance
Byline Sponsor Finance, with offices in Chicago and Charlotte, North Carolina, 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 bylinebank.com/sponsor-finance.
About Zabel Companies
The Zabel Companies, a private equity firm based in Charlotte, North Carolina, is dedicated to partnering with management teams to invest in and build private companies over the long-term. Whether through a buyout, recapitalization or injection of growth capital, Zabel’s strategy is to work closely with management to steadily grow businesses and to build value for all parties involved. For more information, please visit zabelcompanies.com.
For more information, please contact:
Jim Kuncl, Managing Director
Co-Head, Byline Sponsor Finance
(312) 660-5751
Dan Delgadillo, Managing Director
Co-Head, Byline Sponsor Finance
(980) 353-2989
Daniel Bresnahan, Business Development
Byline Sponsor Finance
(312) 660-5758
