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Byline Sponsor Finance Supports Wincove Platform, Purgo Holdings, in its Acquisition of Puroflux Corporation

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Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced that it has provided financing to support Purgo Holdings, LLC (“Purgo”), a current Wincove Private Holdings portfolio company, in its acquisition of Puroflux Corporation (“Puroflux”). BSF was represented by Duane Morris, LLP.

Founded in 1994, Puroflux is based in Simi Valley, CA, and is a designer, fabricator, and manufacturer of high-efficiency sand media filters, hydrocyclone separators, and related products for the HVAC cooling tower industry. Puroflux’s separation and filtration products ensure wet cooling systems operate at maximum efficiency and help prevent maintenance issues. “We are excited to support the continued growth of the Purgo platform with the acquisition of Puroflux,” said Wes Oakford, Vice President at Byline Sponsor Finance. “Wincove has built Purgo into a market leading filtration and flow technology platform and we look forward to supporting Purgo’s continued growth.”

About Purgo Holdings, LLC
Purgo is a leading platform of filtration and separation technologies in high growth water, infrastructure, process filtration and separation markets. In 2018, Purgo was formed by Wincove to pursue strategic acquisitions and leverage their respective industry expertise to become a global air and water filtration platform with a full line of filtration and separation solutions offered to a wide variety of industries. Since inception, Purgo has acquired five complementary businesses. For more information about Purgo, visit www.purgoholdings.com.

About Byline Sponsor Finance
Byline Sponsor Finance, with offices in Chicago, IL and Charlotte, NC, 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 Wincove Private Holdings
Wincove Private Holdings is an investment company that creates long-term capital appreciation for its shareholders by partnering with business owners, entrepreneurs, and management teams to build market-leading companies. Wincove has a base of permanent capital and has offices in Boston and New York. For more information about Wincove, visit their website www.wincove.com.

For more information please contact:

Jim Kuncl
Managing Director, Group Head, Byline Sponsor Finance
(312) 660-5751

Sunay Salievski
Director, Byline Sponsor Finance
(312) 460-3723

Daniel Bresnahan
Vice President, Byline Sponsor Finance
(312) 660-5758

Wes Oakford
Vice President, Byline Sponsor Finance
(980) 353-2991

Luke Kohler
Vice President, Byline Sponsor Finance
(502) 396-0140

Byline Bank Edgewater Branch

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