New Canaan, CT – Dent Wizard International Corporation (“Dent Wizard”), the global leader in automotive reconditioning and SMART (Small to Medium Area Repair Techniques) repairs, today announced its acquisition of Know How Systems Global (“KhS”), a St. Louis-based provider of high-volume automotive services and repairs to leading automotive OEMs and insurers.
KhS provides three primary offerings across the hail and automotive manufacturing/logistics channels – diversified fleet services, claims management, and appraisal services – primarily in the U.S., Canada, and Mexico. KhS provides solutions to automotive OEMs and insurance companies at manufacturing plants and transit sites where automobiles being shipped or held may be damaged. KhS also delivers value to insurers by streamlining the claims management process through its direct repair program and by providing fast and accurate assessments of catastrophic event exposure.
Terry Koebbe, president and CEO of Dent Wizard stated, “Utilizing a technology enabled service platform has been a differentiator for both companies, and our combined technological resources will allow for even better and more efficient technology-based solutions for customers. This acquisition is a clear indicator of our commitment to invest in Dent Wizard and support our customers to successfully grow our business.”
“The KhS team is excited to partner with Dent Wizard and is looking forward to the new opportunities and solutions we can bring to our clients,” said Scott Blind, who will continue as President of KhS and oversee all catastrophe and hail operations for Dent Wizard.
Tom Burger, Managing Partner of Gridiron Capital stated, “We are excited to support Dent Wizard’s acquisition of KhS which further strengthens its position as the leader in the automotive reconditioning market.” Kevin Jackson, Managing Director at Gridiron Capital added, “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.”
About Dent Wizard:
Dent Wizard International has been the leader in the development of Paintless Dent Removal (“PDR”) technology since its establishment in 1983, and today is North America’s leading provider of SMART Repairs (Small to Medium Area Repair Techniques). Dent Wizard provides on-site reconditioning services and products to the automotive industry through its relationships with dealerships, auto auctions, body shops, rental companies, and insurance companies. Dent Wizard provides a full-suite of automotive reconditioning services including: PDR, minor paint repair, wheel repair, chip and scratch repair, bumper repair, headlight brightening, interior repair, exterior blackout, and hail damage repair. Dent Wizard also offers multiple branded appearance protection programs and service plans, such as Ding Shield. The Company is based in St. Louis, Missouri and operates throughout the United States and Canada. For more information visit www.dentwizard.com or call 800-DENT-WIZ.
KhS is a technology-enabled expert in solving and providing high-volume automotive services and repairs to leading automotive OEMs and insurers. KhS operates in the U.S., Canada, and Mexico, and provides its solutions to automotive OEMs for on-site/factory and in-transit damage and also offers efficient, seamless claims management and appraisal services to insurance companies. KhS also offers a comprehensive hail claims/repair solution (DRP) for personal line insurers and their insureds.
About Gridiron Capital:
Gridiron Capital, LLC, headquartered in New Canaan, Connecticut, is a private equity investment firm focused on creating value by acquiring and building middle-market services, manufacturing, and specialty consumer companies in the United States and Canada. Gridiron Capital’s principals work closely with management teams to develop strategies for portfolio companies, as well as providing resources to execute business plans and build industry-leading companies. Additional information is available on the firm’s website at www.gridironcapital.com.
Thomas A. Burger, Jr, Co-founder & Managing Partner, Gridiron Capital, LLC, firstname.lastname@example.org
Terry R. Koebbe, President & CEO, Dent Wizard, email@example.com