Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced that it has provided financing to support Shore Capital Partners (“Shore”) in its partnership with AA Medical Store, Inc. (“AA Medical” or “Company”). BSF was represented by Duane Morris, LLP.
Founded in 2012 and headquartered in Mokena, Illinois, with a second location in Miami, AA Medical provides sustainable solutions to both the new and resale medical equipment markets. As a critical partner in cost containment, the company helps medical facilities unlock residual value from unneeded equipment and maximize resources to improve patient care and optimize clinical asset purchases. AA Medical supplies reprocessed equipment to help doctors and surgeons across the world gain access to high-quality pre-owned medical equipment at an affordable price.
“We’re super excited to partner with the Shore team on another platform investment. The management team at AA Medical has grown the business to one of the largest and most respected aftermarket equipment companies in endoscopy, orthopedics and other specialties,” said Jim Kuncl, Managing Director and Co-Head of Byline Sponsor Finance. “We’re looking forward to supporting Shore and the management team as they continue to grow the business.”
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 www.bylinebank.com/sponsor-finance.
About Shore Capital Partners
Shore Capital, a Chicago-based private equity firm with offices in Nashville, is focused on microcap investments within the Healthcare, Food and Beverage, Business Services and Real Estate industries. Shore supports management partners with capital, business development expertise and industry knowledge to accelerate growth, fund acquisitions and generate value for shareholders. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow and significant growth potential, including organic growth and growth through industry consolidation. For more information, please visit shorecp.com.
For more information, please contact:
Jim Kuncl, Managing Director
Co-Head, Byline Sponsor Finance
[email protected]
(312) 660-5751
Dan Delgadillo, Managing Director
Co-Head, Byline Sponsor Finance
[email protected]
(980) 353-2989
Daniel Bresnahan, Business Development
Byline Sponsor Finance
[email protected]
(312) 660-5758
