Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced it has provided financing to support Benford Capital Partners’ acquisition of R.M. Young Company (“R.M. Young” or the “Company”). BSF was represented by Duane Morris, LLP.
R.M. Young is a manufacturer of high-quality precision meteorological instrumentation used to measure wind, temperature, humidity, precipitation, pressure, visibility and other critical environmental parameters. For more information, visit youngusa.com.
“Byline Sponsor Finance is excited to partner with Benford Capital Partners in another strong investment opportunity,” said Sunay Salievski, Director of Byline Sponsor Finance. “R.M. Young’s proven track record as a global leader in the meteorological instrumentation industry combined with the leadership and experience from Benford Capital Partners provides a strong platform for growth.”
About Benford Capital Partners
Benford Capital Partners is a Chicago-based private equity investment firm focused on leveraged buyouts and recapitalizations of lower middle market companies, with focuses on industrial technology, food and consumer, agricultural products and services, and B2B e-commerce. For more information, visit benfordcapital.com.
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.
For more information, please contact the Byline Sponsor Finance team:
Jim Kuncl
Managing Director & Group Head
(312) 660-5751
Sunay Salievski
Director
(312) 460-3723
Dan Bresnahan
Vice President
(312) 660-5785
Wesley Oakford
Vice President
(203) 858-2403
Luke Kohler
Vice President
(502) 396-0140
