Gladstone Investment Corporation and Xyresic Capital Acquire Rowan Energy

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.

Gladstone Investment and Xyresic Capital Acquire The E3 Company; Nocturne (Gladstone-backed) Acquires Exclusive 30A Rentals

September 8, 2023

Oil & Gas

Gladstone Investment Corporation partnered with Xyresic Capital to acquire The E3 Company, a Kilgore, Texas-based provider of pressure management solutions for oil and gas well completions, investing $46.0 million in a combination of senior secured debt and equity. Separately, Gladstone expanded its investment in its portfolio company Nocturne Luxury Villas by financing Nocturne’s acquisition of Exclusive 30A Rentals (more than 100 properties) via an $18.7 million senior secured loan.

Gladstone Investment Corporation and Xyresic Capital Acquire Home Concepts Holdings

May 12, 2023

Marketing & Advertising

Gladstone Investment Corporation partnered with Xyresic Capital to acquire Home Concepts Holdings, LLC on May 12, 2023; Gladstone provided senior secured debt and the majority of the equity to complete the transaction. Headquartered in Santa Barbara, California, Home Concepts is the largest independently owned home improvement advertising publication in the U.S., mailing to more than 3.8 million homeowners across multiple states; the investors plan to support expansion into new markets and additional advertising channels.

Gladstone Capital Provides Senior Debt and Minority Equity Investment in WB Xcel Holdings (Xcel)

November 30, 2021

Consumer Products

Gladstone Capital Corporation completed a senior debt and minority equity investment in WB Xcel Holdings, LLC (Xcel), a Hawaii-headquartered surf and watersports apparel and equipment brand. The capital will provide balance sheet flexibility, fund growth initiatives and support the company’s international expansion plans.

Gladstone Investment Corporation Acquires Nielsen-Kellerman

December 19, 2024

Manufacturing

Gladstone Investment Corporation (NASDAQ:GAIN) acquired Nielsen-Kellerman, Inc. on December 19, 2024, providing both equity capital and senior secured debt to complete the transaction. Nielsen-Kellerman, a Boothwyn, Pennsylvania-based designer and manufacturer of rugged environmental measurement and sports performance instruments, will leverage Gladstone's resources to expand market reach and enhance product offerings.

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.