Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced that it has provided financing to support Benford Capital Partners’ recapitalization of RP Foods, LLC (“RP Foods” or the “Company”). BSF was represented by Duane Morris, LLP.
Founded in 1999 and based in Dallas, TX, RP Foods is a leading branded, private label, and B2B Hispanic food and beverage products company selling to retail and CPG food customers across the United States. The Company’s product lines include Kuii coconut milk beverages, Masabrosa corn masa flour, tostadas, and cookies.
“Byline Sponsor Finance is excited to partner with Benford Capital Partners in another strong investment opportunity,” said Jim Kuncl, Managing Director of Byline Sponsor Finance. “RP Foods’ market-leading position in the coconut milk beverage industry coupled with the leadership and experience from Benford Capital Partners provides a strong platform for growth.”
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 Benford Capital Partners
Founded in 2004, Benford Capital is a Chicago-based private equity firm focused on buying and building leading lower middle market companies in partnership with founders and management. Since inception, Benford Capital has acquired over 45 companies and currently owns 17 platform companies. BCP’s industry areas of focus include industrial technology, food and consumer products, agricultural products and services, and B2B e-commerce. For more information, please visit www.benfordcapital.com.
For more information, please contact:
Dan Bresnahan
Business Development, Byline Sponsor Finance
(312) 660-5785
Wes Oakford
Vice President, Byline Sponsor Finance
(203) 858-2403
Jim Kuncl
Managing Director, Group Head, Byline Sponsor Finance
(312) 660-5751
