Byline Sponsor Finance (BSF), a division of Byline Bank, announced that it has provided financing to support Solestra Group, a provider of high-precision aerospace and defense manufacturing solutions backed by Emko Capital, in its acquisition of LHM Technologies, Inc. BSF was represented by Duane Morris, LLP. 

Formerly known as the AEFP Group, Solestra Group is a leading precision manufacturing solutions provider, primarily serving aerospace and defense OEMs and Tier 1s, in addition to life sciences and other high-precision industries. With five sites across three strategic North American hubs, Solestra Group offers a unified platform to deliver mission-critical manufacturing solutions to customers. Learn more at www.solestragroup.com.  

Founded in 1977, LHM Technologies is a supplier of precision machined parts and complex assemblies for the aerospace and defense sector. Headquartered in Woodbridge, Ontario, LHM is widely regarded as a high-performance supplier in the landing gear systems market, with longstanding relationships with several Tier 1 aerospace and defense OEMs. For more information, please visit www.LHMtech.com.  

“Byline Bank is proud to have served as Administrative Agent on the syndicated senior credit facility supporting Solestra Group’s acquisition of LHM Technologies. Having supported the initial platform, we’re thrilled to close on the company’s sixth add-on and continue backing Emko Capital’s disciplined hub-and-spoke acquisition strategy,” said Luke Kohler, Vice President of Byline Sponsor Finance. “We value our partnership with Emko and appreciate their continued trust in us. With deep expertise in Aerospace and Defense and complex acquisition financings, we look forward to supporting Solestra’s continued growth.”  

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 Emko Capital 

Emko Capital is a private equity firm focused on building industrial, aerospace, and technical platforms across North America. Emko partners with management teams to accelerate growth through long-term investment and operational support. Learn more at www.EmkoCapital.com.