NXT Capital has provided a senior credit facility to support Cortec Group’s recapitalization of Enthusiast Auto Holdings.
NXT Capital acted as the joint lead arranger for this transaction.
Enthusiast Auto Holdings is a growing e-commerce platform serving automotive enthusiasts, delivering exceptional high-touch customer service, content creation, new product development, and fulfillment capabilities. Founded in 1962, EAH’s product portfolio touches all aspects of enthusiasts’ vehicles with a diverse mix of product categories coupled with a robust offering of EAH branded products.
Founded in 1984, Cortec Group invests in high value-added, middle-market consumer, distribution, healthcare and specialty products and services businesses.