Recent Transactions

We're pleased to share these commercial lending transactions that delivered the solutions and capital our customers need to be successful. Please contact your local relationship team to learn how we can Create Possibility for your business.


Asset Based Lending Relationship Lead:
Jared Grabow
Senior Vice President
Direct:  972.265.1848 | Jared.Grabow@SunflowerBank.com

In October 2021, Sunflower Bank provided a $4,000,000 asset based revolving line of credit to a freight brokerage company based in Scottsdale, Arizona. The financing will be used to fund the company’s growth and expansion.

In this transaction, Sunflower Bank’s Asset Based Lending team partnered with our local Arizona Business Banking team to provide the client with the specialized benefits of a structured loan.




 

Sunflower Bank Provided Senior Secured Credit Facilities to Staley Steel LLCDallas Relationship Lead:
James Erwin
VP, Commercial Relationship Manager
Direct:  972.806.9511 | James.Erwin@SunflowerBank.com

In August 2020, Sunflower Bank provided senior secured credit facilities to support the acquisition of Bludau Fabrication by Pilot Point Steel, LLC, the parent company of Staley Steel, LLC

Staley Steel, founded in 1958 and located in Dallas-Fort Worth, is a distinguished custom fabricator and erector of structural steel for cold storage warehouse buildings, churches and schools throughout the country. Its sister company, Bludau Fabrication, located in Hallettsville, TX since 1980, is a respected specialty steel fabricator for schools and other buildings throughout Texas.  

Sunflower Bank was the sole lender in this transaction providing acquisition, real estate, equipment, and working capital financing. The combination of these two companies significantly increases their production capacity and capabilities to provide services throughout the entire country.


Asset Based Lending Relationship Lead:
Jared Grabow
Senior Vice President
Direct:  972. 265.1848 | Jared.Grabow@SunflowerBank.com

In August 2021, Sunflower Bank provided a $10,000,000 asset based revolving line of credit to an information technology and cloud services business in Addison, Texas. The facility will be used to facilitate the company’s future growth.

Sunflower Bank’s Asset Based Lending team tailors senior debt solutions for middle market companies in industries experiencing rapid growth, such as technology services.







Asset Based Lending Relationship Lead:
Jared Grabow
Senior Vice President
Direct:  972. 265.1848 | Jared.Grabow@SunflowerBank.com

In August 2021, Sunflower Bank provided a $15,000,000 participation in an asset based revolving line of credit to a gas compression services business from Montgomery, Texas. The facility will be used to facilitate the company’s future growth.

Sunflower Bank’s Asset Based Lending team structures credit facilities, as well as leads and participates in syndicated transactions for energy services providers and other high growth industries.






Asset Based Lending Relationship Lead:
Jared Grabow
Senior Vice President
Direct:  972. 265.1848 | Jared.Grabow@SunflowerBank.com

In July 2021, Sunflower Bank’s Asset Based Lending team closed an $8 million senior secured credit facility with a new borrower, Delta Fresh Sales, LLC.

Delta Fresh Sales is a distributor, grower and marketer of premium fresh produce, headquartered in Nogales, Arizona. It produces products including fresh cucumbers, tomatoes, peppers and squash. 

The Asset Based Lending team worked with Delta Fresh Sales to structure a revolving line of credit that refinanced an existing facility from a previous lender, in order to provide additional liquidity that positions the company for continued growth. 

“We’re pleased to be supporting Delta Fresh Sales with an asset based financing solution that makes the company well-prepared for future growth. Our Sunflower Bank Asset Based Lending team specializes in structuring credit facilities for middle market companies that seek increased liquidity to meet high growth, significant working capital and seasonal industry needs,” said Jared Grabow, senior vice president of Asset Based Lending.

 

Dallas Relationship Lead:
Chris Alemán
Vice President
Direct: 469.398.1122 | Chris.Aleman@SunflowerBank.com

In April 2021, Sunflower Bank grew its relationship with Concentric Equity Partners (“CEP”) by providing a senior secured credit facility to support CEP’s investment in RBS Opc, LLC dba Riverbend Sandler Pools (“RBS”). CEP is the direct investing arm of the Steans Family Office.

Riverbend Sandler Pools is the leading residential pool construction, maintenance, and service company in the North Dallas Metroplex. 

Sunflower Bank’s Dallas Middle Market Banking team has an existing banking relationship with one of CEP’s portfolio companies. As a result, the Sunflower Bank team was invited to propose a complete lending and banking relationship solution that led to the successful structure for the RBS investment.
 

Technology, Media and Telecommunications Lead:
Ryan Voorhies
Senior Vice President
Direct: 972.366.2139 |Ryan.Voorhies@SunflowerBank.com

In May 2021, Sunflower Bank, N.A. served as sole lead arranger, sole bookrunner and administrative agent of the TPA V, LLC and TIGR Acquisitions III, LLC senior credit facilities, wholly-owned special purpose vehicles of TowerPoint, LLC (“TowerPoint”).

TowerPoint is a telecommunications infrastructure and real estate investment company operating throughout North America. It is the industry’s longest standing cell tower lease acquisition company and continues to be a leading provider of capital and liquidity to cell tower site owners across the United States.

By leading this syndicated transaction, Sunflower Bank successfully introduced TowerPoint’s communication ground lease, tower and rooftop platform strategy to the senior debt markets. We look forward to our expanding relationship with the TowerPoint management team and the high-quality banking partners that contributed capital to make the syndication successful. 

Sunflower Bank executes a national technology and communications-focused sector strategy, backed by lead agency capabilities and a full-service suite of traditional banking and risk management products. Other areas of strategic growth focus include healthcare banking, middle market corporate banking and wealth management. 

 

Dallas Relationship Lead:
Seth Allen
Regional President
Direct: 972.366.2097|Seth.Allen@SunflowerBank.com

 

In August 2020, Sunflower Bank provided senior secured credit facilities to finance the acquisition of Nebraska Salt and Grain by Instar Holdings and Anchor Investments, both private investment firms based in Southlake, Texas.

Founded in the 1970s, this family-owned business evolved over the past 45 years into a multi-faceted regional transportation logistics company handling road salt, aggregate, grain, dust control and soil stabilization materials.

Sunflower Bank was the sole lender in this transaction providing acquisition, real estate, equipment and working capital financing.




Dallas Relationship Lead:
James Erwin
VP, Commercial Relationship Manager
Direct: 972.806.9511|James.Erwin@SunflowerBank.com

In December 2020, Sunflower Bank provided senior secured credit facilities in support of Housatonic Partners’ long-term investment in Working Solutions.

Founded in 1996, Working Solutions is a recognized leader in onshore, on-demand contact center solutions. Its remote workforce includes sales, customer care and technical experts — with more than 150,000 registered agents in the United States and Canada. They deliver fast-flex business process outsourcing (BPO) services for clients and their customers across diverse industries, such as consumer services, healthcare, retail, travel and hospitality.

Sunflower Bank’s role in the financing, alongside Housatonic Partners, will further fund Working Solutions’ tools and technology automation, and will support its rapid expansion into evolving markets and geographies.


Technology, Media and Telecommunications Lead:
Ryan Voorhies
Senior Vice President
Direct: 972.366.2139 |Ryan.Voorhies@SunflowerBank.com

In December 2020, Sunflower Bank provided senior secured credit facilities to AWS Capital, LLC in support of their leveraged buyout of Management Data, Inc.

Management Data, Inc. (“MDI”), founded in 1982, provides software and insurance-related consulting services throughout the U.S., Caribbean, Canada, Central America, and Asia.  The Company is headquartered in Pelham, Alabama.

The MDI client relationship is managed by the Sunflower Bank Technology, Media & Telecommunications lending group headquartered in Dallas, TX. Sunflower Bank manages and executes on full banking relationships for national middle market technology, media and telecommunications companies.


Technology, Media and Telecommunications Lead:
Ryan Voorhies
Senior Vice President
Direct: 972.366.2139 |Ryan.Voorhies@SunflowerBank.com

In January 2021, Sunflower Bank served as a joint lead arranger and joint bookrunner to the TD Securities-led ALLO Communications, LLC senior secured credit facilities. The facilities were raised in support of SDC Capital Partners, LLC’s investment, recapitalization and business expansion.

Founded in Imperial, Nebraska in 2003, ALLO provides broadband, telephone and video solutions to businesses, residents and governmental entities over fiber networks.

Sunflower Bank’s material role in the financing represents our continued institutional commitment to banking digital infrastructure sectors nationally. Banking and partnering with high-quality teams operating in these sectors, like the teams at ALLO, SDC Capital Partners and TD Securities, is a key focus for growing our national Technology, Media and Telecommunications business.


Asset Based Lending Lead:
Doug Vitek
Managing Director, Asset Based Lending
Direct: 913.289.6014 |Douglas.Vitek@SunflowerBank.com

In September 2020, Sunflower Bank’s Asset Based Lending team closed a $12,000,000 working capital line of credit with a new borrower, Pacific Topsoils, Inc.

Pacific Topsoils is a green waste recycler located in Seattle, WA that distributes recycled green waste including mulch, wood chips, bark and other organic products in bulk throughout Seattle.

GEF Capital Partners, a private equity fund manager, acquired Pacific Topsoils as part of a portfolio of companies, including Gro-Well Brands, that promote resource efficiency and building a more sustainable future. Gro-Well Brands is also a green waste recycler located in Phoenix, AZ that distributes bagged and bulk products including bark, mulch and organic fertilizer in Arizona, New Mexico, Colorado, Idaho and California. When combined with Pacific, Gro-Well is expected to provide distribution of its products to the entire Western United States.


Wichita Relationship Lead:
Paul Caffrey
Senior Vice President, Commercial Banking
Direct: 316.652.1287 | Paul.Caffrey@sunflowerbank.com

In August 2020, Sunflower Bank provided $14,842,000 in credit facility commitments to Wichita Urology Group P.A. (“WUG”), WUG Building, LLC and WUG SC, LLC.

Wichita Urology Group is its region’s premier urology center. With more than 50 years of experience, WUG is a health center that provides a range of medical care services for men, women, and children. The group consists of 9 board certified/eligible physicians who are all members of the American Urological Association, Large Urology Group Practice Association, and numerous state and local medical organizations.

Sunflower Bank’s Wichita Commercial Lending team began discussions with WUG regarding fixed rate real estate financing to complete construction of WUG’s Ambulatory Surgery Center. By reviewing their complete financial needs, Sunflower Bank was able to structure a comprehensive banking relationship that includes real estate, medical equipment and working capital financing along with treasury management services, wealth management*, and private banking for WUG’s partner physicians.


Arizona Region Relationship Lead:
Scott V. Sipe
Senior Vice President I Scottsdale Commercial Banking Team Lead
Direct: 480.676.6642 | Scott.Sipe@sunflowerbank.com

In August 2020, Sunflower Bank provided credit commitments and treasury solutions to TYR Tactical LLC(“the Company”) and its real estate holding company, AGL Properties LLC.

TYR Tactical is a specialty product company that develops and manufactures comprehensive best-in-class body armor and load carriage solutions to special operations forces, US military, various US government agencies, state and local law enforcement, foreign military and government organizations and commercial interests. Headquartered in Peoria, AZ, TYR Tactical is also an industry leader in Canada and provides 100% US and Canadian-made products.

The Company’s management initially approached Sunflower Bank’s Scottsdale Commercial Lending team seeking fixed-rate equipment financing. Since the equipment purchase was only one part of a long-term strategic growth plan, Sunflower Bank requested the opportunity to review the full scope of TYR Tactical’s financing needs. By doing so, Sunflower Bank learned the Company’s current bank did not provide financing with the requested terms and timeline.  After a thorough analysis, Sunflower Bank was able to structure a complete financing solution that meets the Company’s desired timeline and consolidates the entire project, including real estate and construction financing, within the bank without requiring external participation.


Arizona Region Relationship Lead:
Scott Yubeta
Vice President I Commercial Relationship Manager
Direct: 480.676.6651 | Scott.Yubeta@sunflowerbank.com

In August 2020, Sunflower Bank provided a $25,000,000 revolving guidance line of credit to Crossroads Equipment Lease and Finance, LLC (“Crossroads”).

Crossroads is a transportation equipment finance company founded in 2006. The company offers a suite of value-added services and structures tailored specifically for transportation companies of all sizes. It also offers financing for other non-transportation industries using heavy-duty construction and commercial grade vehicles.

Sunflower Bank was approached to provide capital to fuel growth at Crossroads.  The Scottsdale-based commercial lending team used its industry experience and creativity, to structure a unique credit facility that will provide capital to help the company grow.
 

*Investment and insurance products are not FDIC-insured, are not a deposit or other obligation of, or guaranteed by the bank or an affiliate of the bank, are not insured by any federal government agency and are subject to investment risks, including possible loss of the principal amount invested.​