FOR IMMEDIATE RELEASE
February 27, 2020
Byline Sponsor Finance supports Kensington-SV Global in its acquisition of The Perfumery, Inc.
[February 27, 2020] – Byline Sponsor Finance (“BSF”) announced that it has provided revolver and term credit facilities to finance Kensington-SV Global’s acquisition of The Perfumery, Inc. (the “Company”). BSF was represented by Duane Morris, LLP.
Headquartered in New Albany, Indiana (located within 10 miles of Louisville, Kentucky), The Perfumery, Inc. (“TPI”) is a leading specialty supplier of pure essential oils as well as its own proprietary custom blends and formulations. “TPI sells to a wide range of retail essential oil brands, consumer packaged goods companies, and brokers and wholesalers. The Company was founded in 2009 and is recognized in the essential oil industry for their quality of pure oils and custom products,” said Dan Delgadillo, Managing Director and Co-Head of Byline Sponsor Finance.
About Byline Sponsor Finance
Byline Sponsor Finance, with offices in Chicago, IL and Bethesda, MD 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 Byline Bank
Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc. (NYSE:BY), is a full service commercial bank serving small and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $5.4 billion in assets and operates more than 60 full service branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and retail banking products and services including small ticket equipment leasing solutions and is one of the top 10 Small Business Administration lenders in the United States. For more information, visit: www.bylinebank.com.
About Kensington-SV Global Capital
Kensington-SV Global (“KSV”) is a Boston-based investment firm that takes a differentiated approach to growth equity investments in the United States, Europe, and Asia. KSV integrates a unique family office environment with robust institutional experience to add tangible, long-term value to our partners. The firm is flexible in its pursuits and seeks like-minded entrepreneurs and owners who prioritize strong business models and seek robust growth. KSV has significant investing experience in a broad range of sectors including consumer, healthcare, industrials, technology, and technology-enabled services. For more information, please visit: www.ksvglobal.com.
For more information please contact:
Jim Kuncl, Managing Director
Co- Head, Byline Sponsor Finance
Dan Delgadillo, Managing Director
Co-Head, Byline Sponsor Finance