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,” Chris King, principal at Gridiron Capital, said. “NXT worked quickly and collaboratively alongside management and our team to deliver a great solution for the company.”
Vertical Supply Group (VSG) is a manufacturer and supplier of products that keep climbers, ‘industrial athletes’ and technical rescue personnel safe and efficient while operating high above the ground.
Gridiron Capital is an investment firm focused on partnering with founders, entrepreneurs and management teams, and creating value by building middle-market companies into industry-leaders in branded consumer, B2B and B2C services and niche industrial segments in the United States and Canada.