Tracked deals
5
5 tracked deals across 2019-2026.
Chicago, Illinois, United States
Community bank rooted in Chicago serving people, businesses, and neighborhoods, offering practical lending and deposit/financial services. Byline also operates a sponsor finance division that provides senior secured lending to PE-backed transactions.
Tracked deals
5
5 tracked deals across 2019-2026.
Recent pace
2
2 tracked deals announced in the last 12 months.
Deal mix
Buyout
3 buyout · 1 growth capital · 1 recapitalization
Last 4 years
Supporting Data
Byline Bancorp agreed to acquire Illinois State Bancorp in a cash-and-stock transaction valued at approximately $87.9 million. Following the deal, Illinois State Bancorp and its wholly owned banking subsidiaries will merge with Byline, expanding Byline’s presence across the Chicago market.
Byline Sponsor Finance (a division of Byline Bank) provided financing to Diversified Fall Protection, LLC, North Branch Capital’s existing portfolio company, to support a recapitalization/refinance. Midwest Mezzanine Funds also provided subordinated debt for the transaction.
Taglich Private Equity has acquired Air Flow Research Heads (AFR), a Valencia, California-based maker of performance aftermarket cylinder heads and intake manifolds. Farragut Capital Partners provided mezzanine debt and an equity co-investment to support the acquisition, and Byline Bank's Sponsor Finance group provided senior financing.
Lometa Capital Partners led a strategic growth investment in Applied Business Software, Inc. (The Mortgage Office) in November 2020, with participation/support from Aldine Capital Partners, Quabbin Capital and Byline Bank alongside a significant reinvestment by existing management. The capital will be used to accelerate development of ABS's web-based loan servicing platform, expand the development team, and drive expansion into markets adjacent to its mortgage core.
Strength Capital Partners has made an investment in CALco Pallet Company, a vertically integrated wooden pallet manufacturer headquartered in Richmond, Illinois. Midwest Mezzanine participated with subordinated debt and equity and financing partners included Byline Bank and Northcreek Mezzanine; the deal establishes CALco as a PE-backed platform for Strength's buy-and-build consolidation strategy with founders Matt and Greg Calhoun remaining in leadership.
Turn tracked acquisition activity into an outreach-ready buyer list.