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Gladstone Investment Corporation

Company Description

Gladstone Investment Corp. is a business development company, invests in small & medium sized companies located in the US. The company objective is to invest in debt securities of established businesses. The fund targets companies operating in the fields of electronics, aerospace & defense, oil & gas, automobile, machinery, beverage, media & communications. The firm makes debt investments in the form of senior debt & senior/junior subordinated debt and equity investments in the form of common equity, preferred equity & warrants for buyouts/change of control, acquisition, growth and recapitalization transactions with an debt investments between $5 million to $30 million and equity investments between $10 million to $40 million. It makes co-investments and takes a seat on the board. It takes minority & majority stakes and holds controlling interests. [Source: MarketWatch]

Company Website: http://www.gladstoneinvestment.com