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NXT Capital Closes Unitranche Credit Facility in Support of Gridiron Capital’s Acquisition of Vertical Supply Group

April 15, 2022, 08:00 AM
Filed Under: Manufacturing

NXT Capital closed a unitranche credit facility in support of Gridiron Capital’s acquisition of Vertical Supply Group.  

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

“We are happy to partner with NXT Capital on another transaction,” said Chris King, Principal, Gridiron Capital. “NXT worked quickly and collaboratively alongside management and our team to deliver a great solution for the company.”

Vertical Supply Group is a manufacturer and supplier of the world’s leading products that keep climbers, ‘industrial athletes,’ and technical rescue personnel safe and efficient while operating high above the ground. VSG’s leading brands & products set a standard of innovation and quality while providing world-class experiences for their retail, distribution, and web store customers. VSG’s offering consists of the most comprehensive assortment of products for arborists, climbers, emergency personnel, technical rescue, and other work-at-height professionals & enthusiasts.

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