Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced that it has provided financing to support Lometa Capital Partners’ investment in Preferred Mortgage Services LLC (“PMSI” or the “Company”). BSF was represented by Duane Morris, LLP.
PMSI is a leading independent provider of mortgage servicing solutions for the financial industry, providing loan accounting, investor reporting, account reconciliation and other services to a wide spectrum of mortgage servicers. PMSI’s cloud-based exception management platform, Q, comprehensively supports investor reporting and accounting needs. For more information, visit pmsi.me.
“Byline Sponsor Finance is excited to partner with Lometa Capital Partners in another strong investment opportunity,” said Jim Kuncl, Managing Director of Byline Sponsor Finance. “PMSI’s market-leading position in the mortgage services industry coupled with the leadership and sector expertise from Lometa Capital Partners provides a strong platform for growth and further innovation.”
About Lometa Capital Partners
Lometa Capital Partners is a multifamily office investing in strategically viable middle-market companies in the software and business service sectors. Lometa is currently investing out of a perpetual-life fund with no predetermined timeframe to exit. Its Partners are successful entrepreneurs and highly engaged to drive outcomes in the portfolio where they possess deep knowledge and experience. For more information, visit lometacapital.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
