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Byline Sponsor Finance supports Boyne Capital in acquiring a majority interest in

Byline Bank Sponsor Finance (“BSF“) announced that it has provided revolver and term credit facilities to support an affiliate of Boyne Capital (“Boyne”) in acquiring a majority interest in (“CarCovers”), a retail e-commerce company focused on vehicle covers and related vehicle protection products.

Founded in 2008 and headquartered in Pittsburg, CA, CarCovers sells primarily through its direct-to-consumer e-commerce portal,, and offers a comprehensive suite of high-quality, form-fitting products tailored to a wide range of vehicle types and applications. Supported by in-house product development, order fulfillment, and customer service functions as well as industry-leading warranty coverage, CarCovers delivers a differentiated customer experience and value proposition that has driven its rapid growth within the vehicle protection category.  BSF was represented by Duane Morris, LLP.

“We are very happy to provide financing to Boyne Capital in another platform investment. Jony Volk, Founder and CEO of CarCovers, has done an outstanding job of building the company and delivering on the value proposition. We’re excited to support his partnership with Boyne as they look to continue to grow the business,” said Jim Kuncl, Managing Director and Co-Head of Byline Sponsor Finance.

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:  

About Boyne Capital
Boyne Capital is a Florida-based private equity firm focused on investments in lower middle market companies. Founded in 2006, Boyne has successfully invested in a broad range of industries, including healthcare services, consumer products, niche manufacturing, and business & financial services among others. Beyond financial resources, Boyne provides industry and operational expertise to its portfolio companies and partners with management to drive both company performance and growth. Boyne specializes in providing the capital necessary to fund corporate growth and facilitate owners and shareholders’ partial or full exit.  For more information, please visit

For more information please contact:

Jim Kuncl, Managing Director
Co-Head, Byline Sponsor Finance
[email protected]
(312) 660-5751

Dan Delgadillo, Managing Director
Co-Head, Byline Sponsor Finance
[email protected]
(404) 434-4020