Gladstone Capital Corporation Invests in GrayMatter
29 Noviembre 2017 - 8:00AM
Gladstone Capital Corporation (NASDAQ:GLAD) (“Gladstone Capital”)
announced that it has completed a $9.5 million subordinated debt
investment in support of Hamilton Robinson Capital Partner’s
investment in GrayMatter (“GM”).
Headquartered outside Pittsburgh, PA, GM is a
leading provider of operational technologies (“OT”) and Industrial
IoT consulting services to the manufacturing, water and energy
industries in North America. GM’s holistic approach to OT
includes a wide range of implementation services and software
solutions designed to deliver high returns for machine-level
automation and digitization projects to both optimize operations
and ensure safe and reliable performance for their customers.
“GM has assembled an impressive management team
and an unparalleled level of expertise in all aspects of the
rapidly growing OT deployments with a top tier customer base to
prove it. In addition, Hamilton Robinson’s
long-standing investment focus and knowledge of the manufacturing
industry and its current challenges make them fantastic partners to
help grow GM going forward,” said Laura Gladstone, Managing
Director of Gladstone Capital.
About Gladstone Capital
Gladstone Capital Corporation is a publicly
traded business development company that invests in debt and equity
securities, consisting primarily of secured first and second lien
term loans to lower middle market companies in the United States.
Information on the business activities of Gladstone Capital and all
the Gladstone funds can be found at www.gladstonecompanies.com or
call 703-287-5893.
For further information on GrayMatter go to
www.graymattersystems.com.
Forward-looking Statements:
The statements in this press release regarding
the longer-term prospects of Gladstone Capital and GM and its
management team, and the ability of Gladstone Capital and GM to
grow and expand are "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
These forward-looking statements inherently involve certain
risks and uncertainties in predicting future results and
conditions. Although these statements are based on Gladstone
Capital's current plans that are believed to be reasonable as of
the date of this press release, a number of factors could cause
actual results and conditions to differ materially from these
forward-looking statements, including those factors described from
time to time in Gladstone Capital's filings with
the Securities and Exchange Commission. Gladstone
Capital undertakes no obligation to update or revise these
forward looking statements whether as a result of new information,
future events or otherwise, except as required by law.
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