Gladstone Investment Corporation completed the acquisition of Smart Chemical Solutions, LLC, in partnership with Xyresic Capital. This transaction expands GAIN's diversified portfolio of private businesses.
To facilitate the transaction, Gladstone Investment provided both equity and senior secured debt financing. This approach aligns with GAIN's core strategy of investing in lower middle market businesses through a combination of debt and equity.
The addition of Smart Chemical Solutions is expected to contribute to the company's long-term income generation and capital appreciation objectives.
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