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$12,000,000


Senior Debt
Mezzanine Debt

May 2012

 

Gladstone Capital Corporation (NASDAQ: GLAD) provided debt capital to support InStore Audio Network's (formerly known as POP Radio) acquisition of In-Store Broadcasting Network, Inc.

InStore Audio Network, headquartered in Salt Lake City, UT, is the largest advertiser-supported in-store audio network in the U.S.

For more information on InStore Audio Network, please visit www.instoreaudionetwork.com.

 

"Gladstone Capital is excited about supporting InStore Audio Network and Alta in this investment. The combination of POP Radio and In-Store Broadcasting Network into InStore Audio Network creates the largest national in-store audio network for advertisers to reach customers at the point of purchase," said Chip Stelljes, President of Gladstone Capital.

For additional information on this transaction you may contact either Chip Stelljes or Dave Meier .

THE GLADSTONE COMPANIES
Leaders in private equity, debt and real estate financing, are a family of public and private investment funds. Our funds invest in small and medium-sized companies and provide businesses the capital to fund growth, acquisitions and recapitalizations. Gladstone provides financing across the capital structure from second lien and mezzanine debt, to equity and real estate financing solutions.

Financing for the Gladstone Companies is provided by three public investment vehicles. Gladstone Capital Corporation (NASDAQ: GLAD), Gladstone Investment Corporation (NASDAQ: GAIN) and Gladstone Commercial Corporation (NASDAQ: GOOD).


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www.gladstonecompanies.com
1521 Westbranch Drive • Suite 200 • McLean, VA 22102
Phone: (703) 287-5800• Fax: (703) 287-5801