Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced that it has provided financing to support Eden Capital (“Eden”) in its acquisition of Phlebotomy Training Specialists (“PTS” or the “Company”), a leading phlebotomy professional training provider in the U.S. BSF was represented by Duane Morris, LLP.
Since its inception in 1993, PTS has delivered comprehensive hands-on training to professionals who aspire to become phlebotomists and recognize the need for practical, real-world knowledge, taught by seasoned professionals. PTS’ team of experienced instructors has successfully trained over 100,000 graduates, equipping them with the skills and confidence to excel in the workforce. This partnership with Eden marks a milestone in PTS’ evolution towards becoming a national leader in the healthcare training education space.
“We are excited to partner with Eden and to support their investment in PTS. The Company has an exemplary growth track record and proven ability to expand its educational offerings nationally both organically, and with Eden’s help, through acquisitions. We are excited to aid in the Company’s further growth moving forward and believe that the partnership between Eden and PTS’ management team can continue to address industry needs throughout the healthcare sector,” said Dan Bresnahan, Vice President, Byline Sponsor Finance.
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 www.bylinebank.com/sponsor-finance.
About Eden Capital
Eden Capital is a New York-based sector-focused private equity firm backing leading management teams in technology, business services, and education companies. Eden partners with management teams, owners, founders, and industry experts to invest in small and medium-sized companies featuring proven, scalable business models, profitable operating histories, and sustainable competitive advantages. For more information, please visit www.edencp.com.
For more information, please contact:
Business Development, Byline Sponsor Finance
Vice President, Byline Sponsor Finance
Managing Director, Group Head, Byline Sponsor Finance