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Byline Sponsor Finance (“BSF”), a division of Byline Bank, announced that it has provided financing to support Purgo Holdings (“Purgo”), a Wincove Private Holdings portfolio business, in Purgo’s acquisition of Superior Manufacturing, LLC (“Superior”). BSF was represented by Duane Morris, LLP.

Founded in 1964 and operating out of Fort Wayne, Indiana, Superior manufactures water treatment conditioners used to reduce hard-water buildup and corrosion in residential, commercial and industrial applications.

“We are proud to again partner with Wincove and support Purgo in another exceptional investment,” said Dan Delgadillo, Managing Director and Co-Head of Byline Sponsor Finance. “Superior has a reputation for reliable customer service and product quality. Their unique focus on chemical-free, magnetic water conditioning will be a great addition to Purgo’s platform.”

About Purgo Holdings, LLC
Purgo is a leading platform of filtration and separation technologies in high-growth water, infrastructure, process filtration and separation markets. Purgo was formed in 2018 with the acquisition of LAKOS Corporation (“LAKOS”) from Lindsay Corporation. LAKOS, based in Fresno, California, designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. In 2021, Purgo acquired Steri, a Bohemia, New York-based designer and manufacturer of specialized filtration systems used in industrial processes primarily for the chemical and pharmaceutical end markets. In 2022, Purgo acquired ALSI, a Detroit-based manufacturer and distributor of air and liquid filtration and separation equipment used in industrial manufacturing and paint processing. For more information about Purgo, visit

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 Wincove Private Holdings
Founded in 2008, Wincove Private Holdings is a private market investor focusing on lower-middle-market investments. The firm typically makes control investments in companies with less than $100 million of revenue, where they have developed a direct relationship with the ownership group and management team. Wincove is particularly keen on partnering with founders or existing management. Wincove has expertise in industrials/specialty manufacturing, technology, business services and logistics. For more information, please visit

For more information, please contact:

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

Daniel Bresnahan, Business Development
Byline Sponsor Finance
(312) 660-5758