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Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced that it has provided financing to support Racing & Performance Holdings, LLC’s (“R&P Holdings”), a Taglich Private Equity (“Taglich”) portfolio business, in its acquisition of AirPower Group, Inc. (“Vortech”). BSF was represented by Duane Morris, LLP.

Founded in 1990 and headquartered in Oxnard, CA, Vortech Engineering designs and manufactures centrifugal air compressors for the automotive aftermarket (known as “superchargers”) as well as for industrial, aeronautical, marine and other motorsport applications. Vortech has been a continuous innovator and developer in the turbomachinery industry – becoming one of the most recognizable, reliable and high-quality brands in the space.

“Vortech is an obvious fit for R&P Holdings. Its best-in-class, high-performance approach is a logical addition to R&P Holdings’ existing suite of top-end brands. The platform now expands its reach across virtually all performance/racing engine products, allowing it to better serve its enthusiast and professional customers,” said Wes Oakford, Vice President, Byline Sponsor Finance. “We’re excited to partner with R&P Holdings’ and Vortech’s management teams and look forward to helping the platform continue to grow.”

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

About Taglich Private Equity
Taglich Private Equity invests in manufacturing, business services and consumer products companies throughout the United States, ranging in size from $2 million to $15 million in EBITDA, for new platform acquisitions. Taglich strives to create long-term value in its investments through combining its financial and operational expertise with management’s in-depth understanding of their business and industry. For more information, please visit

For more information, please contact:

Dan Bresnahan
Business Development, Byline Sponsor Finance
(312) 660-5785

Wes Oakford
Vice President, Byline Sponsor Finance
(203) 858-2403

Jim Kuncl
Managing Director, Group Head, Byline Sponsor Finance
(312) 660-5751