Gladstone Investment Corporation Acquires Nielsen-Kellerman
Gladstone Investment (NASDAQ:GAIN) announced the acquisition of Nielsen-Kellerman, Inc. on December 19, 2024. The transaction involves both equity capital and senior secured debt provided by Gladstone Investment. Nielsen-Kellerman specializes in designing and manufacturing rugged, waterproof environmental measurement and sports performance instruments for outdoor enthusiasts, competitive athletes, and technical professionals.
The acquisition aligns with Gladstone's investment strategy of acquiring companies with strong brands and experienced management teams. The company sees potential for growth through expanding market reach and enhancing product offerings. This buyout aims to create long-term value for Gladstone Investment's shareholders through Nielsen-Kellerman's established market position and innovation capabilities.
Gladstone Investment (NASDAQ:GAIN) ha annunciato l'acquisizione di Nielsen-Kellerman, Inc. il 19 dicembre 2024. La transazione prevede sia capitale azionario che debito senior garantito fornito da Gladstone Investment. Nielsen-Kellerman è specializzata nella progettazione e produzione di strumenti per la misurazione ambientale e le prestazioni sportive, robusti e impermeabili, destinati agli appassionati di attività all'aperto, agli atleti competitivi e ai professionisti tecnici.
L'acquisizione è in linea con la strategia di investimento di Gladstone, che mira ad acquisire aziende con marchi forti e team di gestione esperti. L'azienda vede un potenziale di crescita attraverso l'espansione della portata di mercato e il miglioramento dell'offerta di prodotti. Questo acquisto si propone di creare valore a lungo termine per gli azionisti di Gladstone Investment attraverso la posizione di mercato consolidata e le capacità di innovazione di Nielsen-Kellerman.
Gladstone Investment (NASDAQ:GAIN) anunció la adquisición de Nielsen-Kellerman, Inc. el 19 de diciembre de 2024. La transacción implica tanto capital de acciones como deuda senior asegurada proporcionada por Gladstone Investment. Nielsen-Kellerman se especializa en el diseño y la fabricación de instrumentos de medición ambiental y rendimiento deportivo, robustos e impermeables, para entusiastas del aire libre, atletas competitivos y profesionales técnicos.
La adquisición se alinea con la estrategia de inversión de Gladstone de adquirir empresas con marcas fuertes y equipos de gestión experimentados. La compañía ve potencial de crecimiento a través de la expansión del alcance del mercado y la mejora de la oferta de productos. Este acuerdo tiene como objetivo crear valor a largo plazo para los accionistas de Gladstone Investment a través de la posición de mercado establecida y las capacidades de innovación de Nielsen-Kellerman.
글래드스톤 투자 (NASDAQ:GAIN)는 2024년 12월 19일 니엘슨-켈러먼(Nielsen-Kellerman, Inc.)의 인수를 발표했습니다. 이 거래는 글래드스톤 투자에서 제공하는 주식 자본과 선순위 담보 부채를 포함합니다. 니엘슨-켈러먼은 야외 활동가, 경쟁 스포츠 선수 및 기술 전문인을 위한 견고하고 방수 기능을 갖춘 환경 측정 및 스포츠 성능 기기를 설계하고 제조하는 전문 기업입니다.
이번 인수는 강력한 브랜드와 경험이 풍부한 경영진을 갖춘 기업을 인수하겠다는 글래드스톤의 투자 전략과 일치합니다. 회사는 시장 도달 범위를 확장하고 제품 공급을 향상시킴으로써 성장 가능성을 보고 있습니다. 이 매입은 니엘슨-켈러먼의 확립된 시장 지위와 혁신 능력을 통해 글래드스톤 투자자들에게 장기적인 가치를 창출하는 것을 목표로 합니다.
Gladstone Investment (NASDAQ:GAIN) a annoncé l'acquisition de Nielsen-Kellerman, Inc. le 19 décembre 2024. La transaction implique à la fois du capital-actions et de la dette senior sécurisée fournie par Gladstone Investment. Nielsen-Kellerman est spécialisée dans la conception et la fabrication d'instruments de mesure environnementale et de performance sportive, robustes et étanches, à destination des passionnés d'activités de plein air, des athlètes compétitifs et des professionnels techniques.
Cette acquisition s'inscrit dans la stratégie d'investissement de Gladstone, qui consiste à acquérir des entreprises disposant de marques solides et d'équipes de direction expérimentées. L'entreprise voit un potentiel de croissance grâce à l'élargissement de sa portée sur le marché et à l'amélioration de son offre de produits. Cette acquisition vise à créer de la valeur à long terme pour les actionnaires de Gladstone Investment grâce à la position de marché établie et aux capacités d'innovation de Nielsen-Kellerman.
Gladstone Investment (NASDAQ:GAIN) gab am 19. Dezember 2024 die Übernahme von Nielsen-Kellerman, Inc. bekannt. Die Transaktion umfasst sowohl Eigenkapital als auch von Gladstone Investment bereitgestellte vorrangige gesicherte Schulden. Nielsen-Kellerman ist auf das Design und die Herstellung von robusten, wasserdichten Umweltmess- und Sportleistungsinstrumenten für Outdoor-Enthusiasten, Wettkämpfer und technische Fachleute spezialisiert.
Die Übernahme steht im Einklang mit Gladstones Investitionsstrategie, Unternehmen mit starken Marken und erfahrenen Managementteams zu erwerben. Das Unternehmen sieht Potenzial für Wachstum durch die Erweiterung der Marktpräsenz und die Verbesserung des Produktangebots. Dieses Übernahmeziel soll durch die etablierte Marktstellung und Innovationsfähigkeit von Nielsen-Kellerman langfristigen Wert für die Aktionäre von Gladstone Investment schaffen.
- Strategic acquisition expanding into environmental measurement and sports performance instruments market
- Investment includes both equity and secured debt components, demonstrating financial flexibility
- Target company has established market position with specialized product line
- Acquisition includes existing management team retention
- Acquisition cost and financial terms not disclosed
- Integration costs and timeline not specified
Insights
The transaction aligns with GAIN's investment strategy of targeting established businesses with stable cash flows and growth potential. Nielsen-Kellerman's diverse customer base across outdoor enthusiasts, athletes and technical professionals provides multiple revenue streams and natural hedging against sector-specific downturns. Their product innovation capabilities and existing market reputation present clear opportunities for value creation through potential market expansion and product line development.
The acquisition timing is strategic, as the outdoor recreation market continues to expand and professional sectors increasingly require precise environmental monitoring tools. The company's diverse product portfolio serving multiple user segments provides natural cross-selling opportunities and potential for market penetration. The backing of GAIN's financial resources and operational expertise could accelerate product development cycles and enable faster market expansion, particularly in emerging technical fields requiring environmental monitoring solutions.
The target company's business model, focused on specialized instrumentation, typically generates attractive margins and recurring revenue streams through replacement cycles and upgrades. The combination of brand strength, technical expertise and established market position provides multiple levers for value creation. The transaction's impact on GAIN's portfolio should be positive, as it adds a resilient business with defensive characteristics and growth potential, potentially contributing to stable dividend coverage for shareholders.
MCLEAN, VA / ACCESSWIRE / December 20, 2024 / Gladstone Investment Corporation (NASDAQ:GAIN) ("Gladstone Investment") is pleased to announce its acquisition of Nielsen-Kellerman, Inc. ("Nielsen-Kellerman" or the "Company") on December 19, 2024. This transaction was executed in collaboration with Nielsen-Kellerman's executive leadership team, with Gladstone Investment providing both equity capital and senior secured debt to facilitate the acquisition.
Nielsen-Kellerman designs, manufactures, and distributes a wide range of rugged, waterproof environmental measurement and sports performance instruments. The Company's product line serves a broad spectrum of users, from outdoor enthusiasts and competitive athletes to professionals in specialized technical fields, all of whom rely on the Company's precision instruments in challenging environments.
Erika Highland, Senior Managing Director of Gladstone Investment, expressed enthusiasm about the acquisition: "Nielsen-Kellerman's track record of innovation and their unwavering commitment to product excellence make them an ideal addition to Gladstone's portfolio. Their unique position in the market, coupled with their reputation for creating durable, high-performance instruments, presents exciting opportunities for growth. We're eager to leverage our resources and expertise to help the Company expand its market reach and enhance its product offerings."
David Dullum, President of Gladstone Investment, added, "This buyout aligns well with our investment thesis of acquiring companies with the stability of meaningful brands and an experienced management team as well as exciting growth opportunities to create long-term value for our shareholders."
Gladstone Investment is a publicly traded business development company that seeks to make equity and secured debt investments in lower middle market businesses in the United States 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, Nielsen-Kellerman and its management team, and the ability of Gladstone Investment or Nielsen-Kellerman 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 accesswire.com
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