Gladstone Investment Corporation Acquires Nielsen-Kellerman

Gladstone Investment Corporation Acquires Utah Pacific

July 30, 2021

Manufacturing

Gladstone Investment Corporation (NASDAQ: GAIN) acquired Utah Pacific Bridge & Steel, LLC and Mountain Pacific Transport, LLC (collectively, Utah Pacific) on July 30, 2021, in a transaction that included both equity and senior secured debt financing. Gladstone partnered with certain members of Utah Pacific's executive management; Utah Pacific is a Lindon, Utah–based manufacturer of large steel components used in bridge replacement, rehabilitation and construction across the Western U.S.

Gladstone Investment Corporation Acquires Global GRAB Technologies

July 18, 2025

Aerospace & Defense

Gladstone Investment Corporation has acquired Global GRAB Technologies in a $67.6 million transaction comprised of equity and senior secured debt. Global GRAB, based in Franklin, Tennessee, specializes in perimeter security and hostile vehicle mitigation systems for government and commercial clients; Gladstone said the investment will support the company's growth, product portfolio expansion, and ability to protect critical infrastructure.

Gladstone Investment Corporation and Xyresic Capital Acquire Rowan Energy

December 12, 2025

Oil & Gas

Gladstone Investment Corporation, alongside independent sponsor Xyresic Capital, has acquired Rowan Energy, Inc., a U.S. oil-and-gas services company based in Oklahoma City. Gladstone provided senior secured debt and the majority of the equity to complete the transaction; the investment is intended to support Rowan's growth and value-creation initiatives in frac sand filtration, completion-equipment deployment, and field-operations support.

Gladstone Investment and Xyresic Capital Acquire Smart Chemical Solutions

May 19, 2025

Oil & Gas

Gladstone Investment Corporation (Nasdaq: GAIN), alongside co-investor Xyresic Capital, has acquired Smart Chemical Solutions, LLC, a Midland, Texas–based provider of production chemicals to onshore oil and gas operators. Gladstone provided equity and senior secured debt to complete the transaction; Palo Duro Capital was the seller according to advisor announcements.

TRC Companies Acquires Gladstein, Neandross & Associates (GNA)

June 6, 2023

Environmental Services

TRC Companies, Inc. acquired Gladstein, Neandross & Associates (GNA) to expand its Climate Solutions offerings with sustainable transportation consulting, fleet electrification, incentive-grant expertise and event capabilities. GNA, based in Santa Monica, California, brings proprietary tools (Funding 360), marketing/event services (ACT Expo) and deep experience in low- and zero-emission commercial transportation to TRC's energy and infrastructure platform.

Karnell Group Acquires NE Engineering Ltd

July 12, 2024

Manufacturing

Karnell Group AB (publ) has acquired a 90.1% stake in NE Engineering Ltd, a Norwich-based precision engineering company specializing in CNC milling and turning. The acquisition expands Karnell's Niche Production business area, with NE's founders retaining 9.9% and an earnout tied to 2024–2025 performance; Karnell cited technical capability and cross-sell potential with its existing UK assets as drivers of the deal.