Gladstone Investment Corporation Acquires Global Grab Technologies, Inc.

Rhea-AI Summary

Gladstone Investment Corporation (NASDAQ:GAIN) has announced the acquisition of Global GRAB Technologies, a Franklin, Tennessee-based provider of perimeter security and hostile vehicle mitigation systems. The transaction involved $67.6 million in equity and senior secured debt provided by Gladstone Investment.

Global GRAB serves government and commercial organizations with specialized security solutions. The acquisition aligns with Gladstone's strategy of investing in quality companies that can provide stable dividend income and potential capital appreciation for shareholders.

Positive

• Strategic acquisition of Global GRAB Technologies with $67.6 million investment
• Expansion into growing perimeter security and hostile vehicle mitigation market
• Addition of established government and commercial client base
• Potential for stable dividend income and capital appreciation

Negative

• Significant capital deployment risk with $67.6 million investment
• Exposure to government contracting risks and regulations
• Potential integration challenges and execution risks

MCLEAN, VA / ACCESS Newswire / July 16, 2025 / Gladstone Investment Corporation (NASDAQ:GAIN) ("Gladstone Investment") is pleased to announce its acquisition of Global GRAB Technologies, Inc. ("Global GRAB"). Gladstone Investment provided $67.6MM of equity and senior secured debt to complete the transaction.

Global GRAB, headquartered in Franklin, Tennessee, is a leading provider of perimeter security and hostile vehicle mitigation systems, serving various government and commercial organizations. "In a world of increasing threats and growing concerns around public safety, Global GRAB plays a vital role as a trusted partner to both the U.S. Government and the private sector," said Michael Cueter, Director at Gladstone Investment. "The team has set itself apart through innovative, customized perimeter security solutions that address complex, site-specific challenges. We're excited to partner with this talented group as they execute their growth strategy, expand their product portfolio, and strengthen their ability to safeguard public safety and protect critical infrastructure."

"This investment represents our dedication to our ultimate goal of investing in quality companies that will produce stable income for dividends to Gladstone Investment's shareholders, as well as longer-term capital appreciation resulting in capital gains," said David Dullum, President of Gladstone Investment.

Gladstone Investment is a publicly traded business development company that seeks to make equity and secured debt investments in lower middle market businesses in connection with acquisitions, changes in control, and recapitalizations. Additional information on the transaction can be found at www.gladstoneinvestment.com.

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.

Forward-looking Statements:

The statements in this press release regarding the longer-term prospects of Gladstone Investment and Global Grab and its management team, and the ability of Gladstone Investment and Global Grab to grow and expand are "forward-looking statements." These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on Gladstone Investment'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 Investment's filings with the Securities and Exchange Commission. Gladstone Investment 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.

For further information: Gladstone Investment Corporation, (703) 287-5893

SOURCE: Gladstone Investment Corporation

View the original press release on ACCESS Newswire

FAQ

How much did Gladstone Investment Corporation (GAIN) invest in Global GRAB Technologies?

Gladstone Investment provided $67.6 million in equity and senior secured debt to complete the Global GRAB Technologies acquisition.

What does Global GRAB Technologies do?

Global GRAB Technologies is a provider of perimeter security and hostile vehicle mitigation systems, serving government and commercial organizations from their headquarters in Franklin, Tennessee.

How will the Global GRAB acquisition benefit GAIN shareholders?

The acquisition is expected to provide stable income for dividends to Gladstone Investment's shareholders and potential longer-term capital appreciation through capital gains.

What is Gladstone Investment's (GAIN) business model?

Gladstone Investment is a business development company that makes equity and secured debt investments in lower middle market businesses, focusing on acquisitions, changes in control, and recapitalizations.

Who will lead Global GRAB Technologies after the GAIN acquisition?

The press release indicates that Gladstone Investment will partner with the existing management team as they execute their growth strategy and expand their product portfolio.