Gladstone Investment Corporation

Gladstone Investment Corporation is a private equity fund specializing in lower middle market acquisitions mature stage buyouts recapitalizations refinancing existing debt senior debt securities such as senior loans senior term loans lines of credit and senior notes senior subordinated debt securities such as senior subordinated loans and senior subordinated notes junior subordinated debt securities such as subordinated notes and mezzanine loans limited liability company interests and warrants or options The fund does not invest in startups The fund seek to invest in manufacturing consumer products and business services distribution sector It seeks to invest in small and midsized companies based in the United States The fund prefers to make debt investments between 5 million and 30 million and equity investments between 10 million and 40 million in companies The fund seeks to invest in companies with sales between 20 million and 100 million The fund invest in companies with EBITDA from 3 million to 20 million It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies It also prefers to take majority stake in its portfolio companies The fund typically holds its investments for seven years and exits via sale or recapitalization initial public offering or sale to third party