Gladstone Investment Corporation (GAIN)
NASDAQ: GAIN · Real-Time Price · USD
13.48
-0.14 (-1.03%)
At close: Nov 20, 2024, 4:00 PM
13.45
-0.03 (-0.22%)
After-hours: Nov 20, 2024, 7:16 PM EST

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 seeks to invest in companies with revenue between $20 million and $100 million. The fund invests 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 the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.

Gladstone Investment Corporation
Gladstone Investment logo
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
Terry Lee Brubaker Assistant Secretary and Chief Operating 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
Nov 15, 2024 8-K Current Report
Nov 7, 2024 8-K Current Report
Nov 7, 2024 10-Q Quarterly Report
Oct 15, 2024 8-K Current Report
Oct 8, 2024 8-K Current Report
Sep 17, 2024 8-K Current Report
Aug 22, 2024 8-K Current Report
Aug 5, 2024 8-K Current Report
Aug 5, 2024 10-Q Quarterly Report
Aug 1, 2024 8-K Current Report