Dent Wizard International – a portfolio company of Gridiron Capital – has acquired Know How Systems Global, a provider of automotive services and repairs to automotive OEMs and insurance companies.
Know How Systems (KHS) provides repair services for hail damage, claims management and appraisal services to automotive OEMs and insurance companies at manufacturing plants and transit sites where automobiles being shipped or held may be damaged. KHS serves customers in the US, Canada, and Mexico and is based in St. Louis (www.khsglobal.com). The President of KHS is Scott Blind and he will continue in that position and will also be responsible for overseeing all catastrophe and hail operations for Dent Wizard.
Gridiron Capital acquired Dent Wizard in April 2015 from H.I.G. Capital. Dent Wizard offers reconditioning services for vehicles, such as removing dents, dings, creases and hail damage from vehicles without affecting the original factory finish. Other services include bumper, scratch, wheel, leather and vinyl, and carpet and fabric repair services. Dent Wizard provides its services to car dealerships, automobile manufacturers, auto auctions, body shops and collision centers, rental car agencies, insurance companies, fleet owners and operators and individual vehicle owners. Dent Wizard was founded in 1983 and is headquartered in the St. Louis suburb of Bridgeton (www.dentwizard.com).
“KHS brings a complementary set of services and strong customer relationships which enhance Dent Wizard’s offering as a one-stop solutions provider across North America,” said Kevin Jackson, Managing Director at Gridiron Capital.
Gridiron Capital invests in manufacturing, service and specialty consumer companies that have EBITDAs from $5 million to $30 million and that are located in the United States and Canada. The firm is based in New Canaan, CT (www.gridironcapital.com). Managing Partners Tom Burger and Kevin Jackson led the transaction for Gridiron Capital.
© 2015 PEPD • Private Equity’s Leading News Magazine • 10-5-15