Byline Sponsor Finance (BSF) provided financing to support Automotive Color & Supply (ACS), a WILsquare Capital portfolio business, in its acquisition of Paint Works, a regional, single-line distributor of PBE products for independent and small multi-shop owners.
BSF, a division of Byline Bank, was represented by Duane Morris. Midwest Mezzanine Funds continued its support of the business’s acquisition in the form of both subordinated debt and equity.
“We’re happy to partner with WILsquare Capital and Midwest Mezzanine to support ACS’s acquisition of Paint Works,” Sunay Salievski, Director of BSF, said. “The company is a trusted partner in the collision repair space with a value-add business model and incredible legacy spanning several decades. We are excited to support both businesses in their next phase of growth.”
