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Gladstone Investment Corporation Acquires Smart Chemical Solutions, LLC

1. Gladstone Investment acquires Smart Chemical Solutions and Xyresic Capital. 2. Smart Chemical provides production chemicals for U.S. oil and gas operators. 3. Investment aims for stable dividends and long-term capital appreciation. 4. Partnership expands Gladstone's ability to support energy industry growth. 5. Forward-looking statements highlight potential growth but come with risks.

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FAQ

Why Bullish?

The acquisition signals strategic growth for GAIN, indicating potential for revenue increases. Similar prior acquisitions have historically contributed positively to stock performance, enhancing GAIN's operational portfolio.

How important is it?

The acquisition of Smart Chemical is a significant strategic move, expected to enhance GAIN's market position and stability. This aligns with their goal of generating stable dividends and capital gains, which directly affects investor perception and stock price.

Why Long Term?

The strategic nature of the acquisition will likely take time to yield substantial returns. Previous acquisitions in the energy sector have shown gradual profitability improvements over several quarters.

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XyresicSLBOXYCVX
Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") is pleased to announce its acquisition of Smart Chemical Solutions, LLC ("Smart Chemical"), along with Xyresic Capital ("Xyresic"). Gladstone Investment provided equity and senior secured debt to complete the transaction.Smart Chemical, based in Midland, Texas, is a leading provider of production chemicals for onshore oil and gas operators. "Smart Chemical is a valuable partner to major energy companies operating throughout the United States. We are very excited to partner with this talented team as it accelerates its growth strategy, expands its product portfolio and strengthens its ability to serve operators across the energy sector. Further, we are thrilled to expand our relationship with Xyresic," said Christopher Lee, Senior Managing Director of Gladstone Investment."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 Smart Chemical and its management team, and the ability of Gladstone Investment and Smart Chemical 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) 287-5893SOURCE: Gladstone Investment Corporation

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