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Secured First Lien

Debt Investment
 

Gladstone Capital Corporation (NASDAQ: GLAD) announced that it made a secured first lien debt investment in StrataTech Education Group (“StrataTech”), a portfolio company of Summer Street Capital Partners (“Summer Street”).

StrataTech is the parent company of Tulsa Welding School (“TWS”) and The Refrigeration School, Inc. (“RSI”), which are post-secondary skilled trade schools.¬† TWS was founded in 1949 and has campuses in Tulsa, OK, Jacksonville, FL and Houston, TX providing training in welding, pipefitting, HVAC/Refrigeration, and electrical repairs.¬† RSI was founded in Phoenix, Arizona in 1965, and trains individuals to become professional HVAC/Refrigeration technicians.

For more information on StrataTech, please visit www.StrataTech.com

 
         
   
 
    For more information on this transaction please contact:     
   

Mike McQuigg
Director
(703) 287-5812

Andrew Ahlberg
Associate
(703) 462-1026

   
   
 
   

Overview
Gladstone Capital Corporation (NASDAQ:GLAD) is one of The Gladstone Companies' family of publicly traded investment funds, which currently total approximately $1.7 billion of assets under management. Founded in 2001, Gladstone Capital was one of the first BDC funds to focus on providing debt capital to established private equity sponsored and owner operated lower middle market businesses. To date Gladstone Capital has invested over $1.5 billion since its inception across a diverse number of industries and managed its investments through a variety of economic cycles. By leveraging GLAD's investor-oriented approach, industry experience and lower middle market focus, we are able to deliver flexible debt capital solutions to meet a company's growth objectives using a combination of senior, unitranche, second-lien and subordinated debt and equity co-investments.

 
   
 
 

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