Gladstone Capital Announces Financing To Support RPM
Gladstone Capital (NASDAQ:GLAD) has announced the completion of a junior debt facility to support Bluejay Capital Partners and Trive Capital's acquisition of RPM Freight Systems, RPM is a technology-driven, asset-light provider of transportation management solutions for finished vehicle logistics and specialized freight markets in North America and Europe.
RPM, headquartered in Royal Oak, Michigan, serves over 30 countries, offering data-driven solutions for OEMs, online dealers, and re-marketing firms. Eric Maloy, Managing Director at Gladstone Capital, expressed enthusiasm for partnering with Bluejay and Trive Capital, highlighting RPM's market-leading technological capabilities and value-added services. Both Bluejay Capital and Trive Capital representatives praised Gladstone Capital's flexibility and support in the transaction.
Gladstone Capital (NASDAQ:GLAD) ha annunciato il completamento di un finanziamento di debito junior a sostegno dell'acquisizione di RPM Freight Systems da parte di Bluejay Capital Partners e Trive Capital. RPM è un fornitore di soluzioni di gestione dei trasporti, tecnologicamente avanzato e con un modello di business leggero, specializzato nella logistica di veicoli finiti e nei mercati di spedizioni specializzate in Nord America e in Europa.
Con sede a Royal Oak, Michigan, RPM opera in oltre 30 paesi, offrendo soluzioni basate sui dati per OEM, concessionarie online e aziende di ri-commercializzazione. Eric Maloy, Direttore Generale di Gladstone Capital, ha espresso entusiasmo per la collaborazione con Bluejay e Trive Capital, mettendo in evidenza le capacità tecnologiche all'avanguardia di RPM e i servizi a valore aggiunto. I rappresentanti di Bluejay Capital e Trive Capital hanno elogiato la flessibilità e il supporto di Gladstone Capital nella transazione.
Gladstone Capital (NASDAQ:GLAD) ha anunciado la finalización de una instalación de deuda junior para apoyar la adquisición de RPM Freight Systems por parte de Bluejay Capital Partners y Trive Capital. RPM es un proveedor de soluciones de gestión de transporte impulsado por la tecnología y con un modelo de negocio ligero, especializado en logística de vehículos terminados y en mercados de carga especializada en América del Norte y Europa.
Con sede en Royal Oak, Michigan, RPM opera en más de 30 países, ofreciendo soluciones basadas en datos para OEM, concesionarios en línea y empresas de re-comercialización. Eric Maloy, Director General de Gladstone Capital, expresó su entusiasmo por asociarse con Bluejay y Trive Capital, destacando las capacidades tecnológicas líderes en el mercado de RPM y los servicios de valor agregado. Los representantes de Bluejay Capital y Trive Capital elogiaron la flexibilidad y el apoyo de Gladstone Capital en la transacción.
글래드스톤 캐피탈(NASDAQ:GLAD)이 블루제이 캐피탈 파트너스와 트라이브 캐피탈의 RPM 화물 시스템 인수를 지원하기 위해 주니어 채무 시설을 완료했다고 발표했습니다. RPM은 북미 및 유럽에서 완성차 물류 및 전문 화물 시장을 위한 운송 관리 솔루션을 제공하는 기술 기반의 자산 경량 공급업체입니다.
미시간주 로열 오크에 본사를 두고 있는 RPM은 30개국 이상에 서비스 제공하며, OEM, 온라인 딜러 및 재판매 회사에 데이터 기반 솔루션을 제공합니다. 글래드스톤 캐피탈의 매니징 디렉터인 에릭 말로이는 블루제이 및 트라이브 캐피탈과 협력하게 되어 기쁘다고 말하며, RPM의 시장 선도적인 기술 역량과 부가 가치를 강조했습니다. 블루제이 캐피탈과 트라이브 캐피탈의 대표들은 트랜잭션에서의 글래드스톤 캐피탈의 유연성과 지원을 칭찬했습니다.
Gladstone Capital (NASDAQ:GLAD) a annoncé l'achèvement d'un financement de dette junior pour soutenir l'acquisition de RPM Freight Systems par Bluejay Capital Partners et Trive Capital. RPM est un fournisseur de solutions de gestion des transports axé sur la technologie et avec un modèle léger, spécialisé dans la logistique de véhicules finis et sur les marchés de fret spécialisés en Amérique du Nord et en Europe.
Basée à Royal Oak, Michigan, RPM sert plus de 30 pays, offrant des solutions basées sur les données pour les OEM, les concessionnaires en ligne et les entreprises de re-commercialisation. Eric Maloy, Directeur Général de Gladstone Capital, a exprimé son enthousiasme pour la collaboration avec Bluejay et Trive Capital, soulignant les capacités technologiques de RPM, leader sur le marché, et ses services à valeur ajoutée. Les représentants de Bluejay Capital et Trive Capital ont salué la flexibilité et le soutien de Gladstone Capital dans cette transaction.
Gladstone Capital (NASDAQ:GLAD) hat den Abschluss einer Junior-Debt-Finanzierung bekannt gegeben, um den Erwerb von RPM Freight Systems durch Bluejay Capital Partners und Trive Capital zu unterstützen. RPM ist ein technologieorientierter, leichtgewichtiger Anbieter von Transportmanagement-Lösungen für die Logistik von Fertigfahrzeugen und spezialisierte Frachtmärkte in Nordamerika und Europa.
Mit Hauptsitz in Royal Oak, Michigan, bedient RPM über 30 Länder und bietet datengestützte Lösungen für OEMs, Online-Händler und Unternehmen zur Wiedervermarktung an. Eric Maloy, Geschäftsführer von Gladstone Capital, äußerte seine Begeisterung über die Partnerschaft mit Bluejay und Trive Capital und hob die marktführenden technologischen Fähigkeiten und die wertschöpfenden Dienstleistungen von RPM hervor. Die Vertreter von Bluejay Capital und Trive Capital lobten die Flexibilität und Unterstützung von Gladstone Capital in der Transaktion.
- Completed junior debt facility for RPM Freight Systems acquisition
- Expansion into technology-driven transportation management solutions
- Partnership with Bluejay Capital Partners and Trive Capital
- RPM's market presence in 30+ countries across North America and Europe
- Potential for future growth and market share expansion
- None.
Insights
This financing deal marks a strategic move for Gladstone Capital (NASDAQ:GLAD), potentially bolstering its revenue stream. The junior debt facility provided to support the acquisition of RPM Freight Systems demonstrates GLAD's commitment to expanding its portfolio in the logistics technology sector. RPM's asset-light model and data-driven solutions align well with current market trends, suggesting a lower-risk investment with potential for steady returns.
Investors should note the geographical diversification RPM brings, operating in 30+ countries across North America and Europe. This expansion could provide a hedge against regional economic fluctuations. However, the undisclosed financial terms of the deal make it challenging to quantify the immediate impact on GLAD's balance sheet. Shareholders should monitor future earnings reports for concrete evidence of this investment's performance.
RPM's technology-driven approach in the finished vehicle logistics sector positions it at the forefront of an evolving industry. The company's focus on data-driven solutions for OEMs, online dealers and re-marketing firms addresses the growing demand for efficiency in supply chain management. This tech-centric model could lead to scalable growth and improved margins over time.
Investors should consider the potential for RPM to leverage its technological capabilities to disrupt traditional logistics models. The company's ability to serve both shippers and carriers suggests a comprehensive platform that could become increasingly valuable as e-commerce and just-in-time delivery continue to reshape the automotive industry. However, the fast-paced nature of tech innovation means RPM will need to maintain substantial R&D investments to stay competitive.
MCLEAN, VA / ACCESSWIRE / August 14, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) ("Gladstone Capital" or "Gladstone") is pleased to announce the completion of a junior debt facility in support of Bluejay Capital Partners (‘Bluejay Capital" or "Bluejay") and Trive Capital's ("Trive") acquisition of RPM Freight Systems, LLC ("RPM"), a technology-driven, asset-light provider of transportation management solutions to new and used finished vehicle logistics and other specialized freight markets in North America and Europe. Headquartered in Royal Oak, Michigan, and serving 30+ countries across North America and Europe, RPM provides data driven solutions to serve OEMs, online dealers, re-marketing firms, and more in all their finished vehicle transport and component freight needs.
Eric Maloy, Managing Director at Gladstone Capital, stated, "We are thrilled to have the opportunity to partner with Bluejay and Trive Capital alongside a talented management team at RPM to support the future growth prospects of the business. RPM's market-leading technological capabilities and value-added service offerings for both shippers and carriers have resulted in market share growth and a defensive business model. We look forward to supporting the growth needs of the business."
Pierre Mathieu, Managing Partner at Bluejay Capital Partners, commented, "We were impressed with Gladstone Capital's ability to put together a flexible debt structure in an expedited manner to accommodate a tight timeline and look forward to working with the Gladstone team going forward."
Andrew Frank, Managing Director at Trive Capital, added, "Gladstone Capital has been a great partner in several of our portfolio companies by providing flexible capital structures to accommodate and support our value creation initiatives. Gladstone's approach to supporting the acquisition of RPM was no different and we look forward to working with Gladstone Capital on RPM and future transactions."
About Bluejay Capital: Bluejay Capital Partners is an operationally focused private equity firm investing in transportation and logistics businesses. The team has more than 120 years of combined operating experience in the sector and is comprised of industry experts with a strong track record of growth and value creation. Learn more about Bluejay Capital at www.bluejay-capital.com.
About Trive Capital: Trive Capital is a Dallas, Texas based private equity firm with over
About RPM: Headquartered in Royal Oak, Michigan, and serving 30+ countries across North America and Europe, RPM provides data driven solutions to serve OEMs, online dealers, re-marketing firms, and more in all their finished vehicle transport and component freight needs.
About Gladstone Capital Corporation: Gladstone Capital Corporation is a publicly-traded business development company that invests in debt and equity securities consisting primarily of secured first and second lien term loans to lower middle market businesses in the United States. Information on the business activities of all the Gladstone family of funds can be found at www.gladstonecompanies.com.
Investor Relations Inquiries: Please visit www.gladstonecompanies.com.
SOURCE: Gladstone Capital Corporation: +1-703-287-5893
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FAQ
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