Skip to Main Content

Byline Sponsor Finance Supports Paladin Private Equity’s Acquisition of Nets of Texas  

A chain-link fence extends upward against a cloudy sky, with a blue circle and an orange semicircle added as graphic elements.

Byline Sponsor Finance (BSF), a division of Byline Bank, announced that it has provided financing to support Paladin Private Equity’s acquisition of America’s Nationwide Netting, Inc. (d/b/a Nets of Texas) alongside Paladin’s co-investment partner, Black Diary Investments. BSF was represented by Duane Morris, LLP. 

 Headquartered in Hockley, Texas, Nets of Texas is a national leader in designing, manufacturing and installing sports safety netting systems and has established an impeccable reputation for quality and service over the past 25 years. Nets of Texas is the clear market leader in the Texas sports safety market and the largest player in the fragmented U.S. market, focusing on the most safety-prone and complex segments of the sports safety market, including outdoor baseball, softball, and golfing safety netting systems.  

 “We’re proud to support Paladin Private Equity and Black Diary Investments in their acquisition of Nets of Texas,” said Sunay Salievski, Director of Byline Sponsor Finance. “Nets of Texas has established a dominant market position pioneering a valuable and specialized niche. We look forward to supporting Nets of Texas’s continued growth and success.” 

For more information about Nets of Texas, visit https://netsoftexas.com 

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 Paladin Private Equity 

Paladin Private Equity (“Paladin”) is a global investment firm based out of New York City, NY. Paladin’s investment strategy targets unique companies that dominate attractive niche markets within the industrial technology sector, generating EBITDA of up to $40MM. These companies are distinguished by deep and sustainable competitive advantages, lean management and digital technology, and performance improvement potential. For more information, visit https://paladinprivateequity.com 

About Black Diary Investments 

Black Diary Investments (“BDI”) is a Toronto-based private investment firm focused on acquiring and building high-quality, cash-generative businesses that hold leadership positions in their market niche. Partnering with founders, management teams, and sponsors, BDI invests its own capital alongside those who value long-term business success. With a portfolio spanning manufacturing and industrial interests across North America and Europe, BDI seeks opportunities where it can provide strategic guidance, operational expertise, and M&A support to drive growth and maximize returns. For more information, visit https://blackdiaryinvestments.com. 

Byline Bank Edgewater Branch

Write your financial story today.

Take the first step toward your financial goals with personalized support from Byline Bank.

Contact us  Open an account