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Home Deal Announcements

Byline Sponsor Finance Supports North Branch Capital’s Partnership With STARC Systems

byIan Koplin
October 19, 2023
in Deal Announcements

Byline Sponsor Finance (BSF), a division of Byline Bank, provided financing to support North Branch Capital’s (NBC) recapitalization of STARC Systems. BSF was represented by Duane Morris.

Headquartered in Brunswick, ME, STARC Systems is a designer and manufacturer of reusable, modular wall systems used during occupied renovations in diversified markets, such as healthcare, offices, airports, data centers and life sciences. STARC containment systems are engineered to limit the disruption of commercial renovation, including dust mitigation, noise abatement and other challenges.

“We’re excited to partner with North Branch on another platform investment. STARC is a leader in developing innovative products that meet strict standards and deliver novel solutions,” Jim Kuncl, managing director of Byline Sponsor Finance, said. “The company has built an emerging market with a strong value proposition that is poised for continued growth.”

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The Covenant Divide: Why Financial Protections Are Holding Firm in the Lower Middle Market

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