NXT Capital announced that it has provided a senior secured credit facility to support Gridiron Capital’s acquisition of Dent Wizard. NXT Capital acted as Joint Lead Arranger, Administrative Agent and Sole Bookrunner for this transaction.

Dent Wizard International is the largest provider of automotive reconditioning services and related products in North America. Established in 1983, Dent Wizard has been the leader in developing Paintless Dent Removal technology and today provides a full suite of reconditioning services to the automotive industry through its relationships with dealerships, auto auctions, rental companies and insurance companies. Based in St. Louis, the company operates throughout the United States and Canada.

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 partners with management teams to develop strategies for portfolio companies and provides the resources necessary to execute business plans and build industry-leading companies. 

NXT Capital provides structured financing solutions to middle-market companies and real estate investors through its Corporate Finance, Equipment Finance and Real Estate Finance groups. Based in Chicago with offices in Atlanta, Charlotte, Dallas, Los Angeles, Nashville, New York, Phoenix, San Francisco and Stamford, NXT Capital targets senior financing opportunities of up to $150 million with a hold size up to $50 million.