Company Description
Gladstone Investment Corporation is a business development company, specializes in lower middle market, mature stage, buyouts; 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 start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector.
It seeks to invest in small and mid-sized 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 invests in companies with EBITDA from $4 million to $15 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 the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.
| Country | United States |
| Founded | 2005 |
| IPO Date | Jun 23, 2005 |
| Industry | Asset Management |
| Sector | Financials |
| Employees | 70 |
| CEO | David Gladstone |
Contact Details
Address: 1521 Westbranch Drive, Suite 100 McLean, Virginia 22102 United States | |
| Phone | 703-287-5800 |
| Website | gladstoneinvestment.com |
Stock Details
| Ticker Symbol | GAIN |
| Exchange | NASDAQ |
| Fiscal Year | April - March |
| Reporting Currency | USD |
| CIK Code | 0001321741 |
| CUSIP Number | 376546107 |
| ISIN Number | US3765461070 |
| Employer ID | 83-0423116 |
Key Executives
| Name | Position |
|---|---|
| David John Gladstone | Chairman and Chief Executive Officer |
| David A. R. Dullum | President |
| Taylor Ritchie | Chief Financial Officer |
| Karin McLaughlin | Investor Relations Specialist |
| Michael Bernard LiCalsi Esq., J.D. | General Counsel and Secretary |
| John Anthony Dellafiora Jr., CPA | Chief Compliance Officer |
| Paula Novara | Head of Resources Management and Director |
| Erika Highland | Senior Managing Director |
| Christopher J. Lee | Senior Managing Director |
| Jennifer A. Smith | Chief Valuation Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Dec 18, 2024 | 4 | Statement of changes in beneficial ownership of securities |
| Dec 17, 2024 | CERT | Certification by an exchange approving securities for listing |
| Dec 17, 2024 | 8-A12B | Registration of securities |
| Dec 17, 2024 | 8-K | Current Report |
| Dec 13, 2024 | 4 | Statement of changes in beneficial ownership of securities |
| Dec 12, 2024 | 8-K | Current Report |
| Dec 12, 2024 | 424B2 | Prospectus |
| Dec 11, 2024 | FWP | Free Writing Prospectus |
| Dec 11, 2024 | 497AD | Filing by certain investment companies of Rule 482 advertising |
| Dec 10, 2024 | 3 | Initial statement of beneficial ownership of securities |