NXT Capital announced that it has provided an $88 million senior secured credit facility to support Trinity Hunt Partners’ acquisition of America’s Auto Auction, Inc. NXT Capital acted as joint lead arranger, administrative agent and joint bookrunner for this transaction.

America’s Auto Auction is one of the largest providers of pre-owned car auctions with locations throughout the eastern half of North America.  Headquartered in Dallas, the company offers a full spectrum of services to meet buyers’ and sellers’ remarketing needs.

“NXT Capital was an excellent partner for this transaction,” said Dan Dross, Managing Partner, Trinity Hunt Partners. “The team’s existing relationships with management and deep industry knowledge meant NXT could deliver a financing solution with the ease and certainty we needed and flexibility for continued growth.”

Trinity Hunt Partners is a Dallas-based private equity firm investing in established middle-market companies that are valued between $15 million and $150 million, where additional capital and operating resources can accelerate growth. The firm considers investment opportunities across a diverse range of industries, including business services, industrial products and services, and health care services.

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, Kansas City, 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.