Dan Delgadillo joined Northwest Bank, a full-service financial institution, to lead the bank’s sponsor finance group.
Northwest Sponsor Finance will support the acquisition, recapitalization, merger and growth investment efforts of private equity firms and target companies that generate EBITDA between $3 million and $15 million. This new capability broadens Northwest’s commercial loan offering both across the bank’s four state footprint, and in other key markets across the United States.
“Dan’s extensive industry experience makes him an invaluable asset to Northwest Bank as we expand into this new offering,” Mark Reitzes, senior executive vice president, head of commercial banking at Northwest Bank, said. “We are pleased to welcome Dan to the Northwest team and proud to launch the Northwest Sponsor Finance Group under his leadership. With the formation of our new group, we look forward to hiring and strategically expanding the team.”
Prior to joining Northwest, Delgadillo served as managing director and co-head at Byline Sponsor Finance where he worked to provide senior secured cash flow loans to private equity backed lower middle market companies throughout the United States. He also held roles at TCF Bank, Mid America Bank and Wells Fargo Bank.
“It is an honor to lead Northwest’s new sponsor finance group,” Delgadillo said. “I look forward to leveraging my prior sponsor finance and commercial lending experience to help launch Northwest Sponsor Finance and support the diversification of Northwest’s commercial loan offerings.”
