Gladstone Investment Corporation specializes in lower middle market, maturity stage, buyouts; refinance 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 the manufacturing, consumer products and business services/distribution sectors. It seeks to invest in small and medium enterprises 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 revenues between $20 million and $100 million. The fund invests in companies with an EBITDA between 3 and 20 million dollars. It seeks a minority stake in the capital and prefers to occupy a seat on the board of directors of the companies in its portfolio. He also prefers to take a majority stake in his portfolio companies. The fund typically holds the investments for seven years and exits through sale or recapitalization, IPO or sale to a third party.
US economy faces new $1.4 trillion threat (A d)
Almost all electronics manufacturers depend on this one resource. And it goes dangerously low. It’s not lithium. It’s not gold. It’s not hydrogen. But this new industry could be one of the best opportunities for investors in 2022.
Find out why tech giants are hoarding this resource