Gladstone Investment Corporation invests in lower middle market companies in the US. It focuses on mature stage buyouts, refinancing debt, and senior debt securities. The fund prioritizes manufacturing, consumer products, and business/consumer services sectors. Investments range from $5-30 million for debt and $10-40 million for equity. Companies typically have revenue between $20-100 million and EBITDA between $3-20 million. Gladstone seeks minority equity ownership with board seat representation or majority stake. The fund holds investments for 7 years, exiting through sale, recapitalization, IPO, or third-party sale.
| Indicator | Value |
|---|---|
| PER | 8.0 |
| EV/EBITDA | - |
| Price/Free Cash Flow' | 32.2 |
| ROIC | 1.7% |
| Net Debt/EBITDA | - |