Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced that it has provided financing to support MFG Partners (“MFG”) in MFG’s recapitalization of Mail Communications Group (“MCG”). BSF was represented by Duane Morris, LLP.
Founded in 1984 and headquartered in Des Moines, Iowa, MCG provides mail presorting, printing, lettershop and digital services nationwide to municipal, commercial banking, insurance and healthcare clients, and other markets. The company offers a full suite of outsourced communication services and boasts a tenured and experienced management team, allowing it to adapt to the unique needs of its customers.
“We are thrilled to partner for the first time with MFG in recapitalizing their portfolio company, Mail Communications Group,” said Dan Delgadillo, Managing Director and Co-Head of Byline Sponsor Finance. “MCG is a well-established business with a management team that has a long history of producing strong results and adapting to changing market trends.”
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 MFG Partners, LLC
Founded in 2016, MFG Partners is a private equity firm focused on lower middle-market investments in the industrial sector. MFG provides capital and industry expertise to family and founder-owned manufacturing, distribution and business-to-business services companies to help them accelerate growth. For more information, please visit mfgpartners.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
