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Byline Sponsor Finance Supports Kian Capital’s Recap of The Eastwood Company

August 30, 2019, 08:35 AM
Filed Under: e-Commerce

Byline Bank Sponsor Finance (BSF) announced that it has provided revolver and term credit facilities to finance Kian Capital’s recapitalization of The Eastwood Company (Eastwood). BSF was represented by Duane Morris, LLP.

Founded in 1978, Eastwood is a leading e-commerce provider of branded professional grade automotive tools, equipment and supplies to the Do-It-Yourself (“DIY”) automotive enthusiast community. The Company has an in-house research & development team with a proven ability of bringing innovative new tools and solutions to the DIY market. Eastwood’s depth of product development knowledge, combined with industry leading customer service and its thousands of “how-to” videos, provide automotive enthusiasts with a one-stop shop for all of their restoration and customization needs.“Eastwood has long been recognized as the leader for DIY auto enthusiasts.  We are excited to be able to partner with Kian, management and a company that is well positioned to continue its commitment to quality and service” said Dan Delgadillo, Managing Director and Co-Head of Byline Sponsor Finance.

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