Byline Sponsor Finance Supports Tenaz Capital’s Investment in Tracked Lifts

Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced that it has provided financing to support the recapitalization of Tracked Lifts, a portfolio company of Tenaz Capital. BSF was represented by Duane Morris, LLP.

Tracked Lifts is the exclusive U.S. importer and supplier of tracked multi-terrain man lifts and trailer mounted aerial lifts for Platform Basket and Ommelift. Tracked Lifts products are used primarily in the tree care industry.

“Byline Sponsor Finance is excited to partner with Tenaz Capital in support of the continued growth of Tracked Lifts,” said Wes Oakford, Vice President of Byline Sponsor Finance. “Tracked Lifts has a proven track record as a leading distributor providing valuable products and services to the arborist market across the United States.”

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.

About Tenaz Capital

Located in Philadelphia, PA, and Charlotte, NC, Tenaz Capital is a private equity firm focused on lower middle market buyouts within the aerospace & defense, manufacturing, and distribution sectors. For more information, visit https://tenaz.co.

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