NXT Capital announced that it has provided a senior secured credit facility to support Gridiron Capital’s dividend recapitalization of Dent Wizard.

NXT Capital acted as the Joint Lead Arranger, Administrative Agent and Sole Bookrunner for this transaction. 

Dent Wizard International has been the leader in the development of Paintless Dent Repair technology since its establishment in 1983, and is North America’s leading provider of SMART Repairs (Small to Medium Area Repair Techniques). Dent Wizard provides reconditioning services and products to the automotive industry through its relationships with dealerships, auto auctions, body shops, rental agencies and insurance companies. Dent Wizard provides a full-suite of automotive reconditioning services including: PDR, minor paint repair, wheel repair, chip and scratch repair, bumper repair, headlight brightening, interior repair, key services, and OEM/catastrophe damage repair. Dent Wizard also offers multiple branded F&I appearance protection programs and service plans, such as Ding Shield. The Company is based in St. Louis, Missouri and operates throughout the United States, Canada and Mexico. For more information, visit www.dentwizard.com.

Gridiron Capital, LLC, headquartered in New Canaan, Connecticut, is a private equity firm focused on creating value by acquiring and building middle-market manufacturing, service and specialty consumer companies in the United States and Canada. Gridiron Capital partners with management teams to develop strategies for portfolio companies and provides the resources necessary to execute business plans and build industry-leading companies.