Byline Sponsor Finance (BSF) announced it has provided financing to support Sdii Global Holding Corporation (SDII) , a forensic engineering and consulting company supporting property and casualty claim resolution backed by Kian Capital, in its acquisition of Roar Engineering, Inc.
BSF, a division of Byline Bank, was represented by Duane Morris, LLP.
Founded in 2015 and headquartered in Mississauga, Ontario, Roar is a leading Canadian multidisciplinary forensic engineering firm providing comprehensive investigations and reports to help clients successfully navigate property and casualty insurance claims and disputes.
SDII seeks to leverage Roar’s expertise in its structural engineering and fire investigation service lines along with its unmatched Canadian brand equity to expand both the breadth and depth of its geographic presence and service offerings, respectively. Roar will also add new solutions for the automobile and marine sectors of the property and casualty industry to the combined platform.
“Byline Sponsor Finance is excited to partner with Kian Capital and SDII in another strong investment opportunity,” said Sunay Salievski, Director of Byline Sponsor Finance. “Roar adds scale, diversification and unique capabilities that complement SDII extremely well.”
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 Kian Capital Partners
Founded in 2013, Kian Capital (Kian) is a private investment firm with offices in Charlotte, NC, and Atlanta, GA. With $1B of capital under management and 13 current investments, Kian makes mezzanine debt and equity investments in lower middle market companies across a broad range of industries. For more information, please visit https://www.kiancapital.com.
