Gladstone Investment Funds Acquisition of DHE Computer Systems Strengthening IT Services
GAIN•Gladstone Investment Corporation provided debt and equity financing to acquire DHE Computer Systems, a Colorado-based IT solutions provider serving state, local, education and commercial markets. DHE’s management team will remain led by Dan Hammack with founders retaining significant shareholding as Gladstone aims to expand its lower middle market portfolio.
1. Acquisition Details
Gladstone Investment Corporation completed the acquisition of DHE Computer Systems, providing a combination of debt and equity financing. The transaction secures DHE’s operations while adding an IT services provider to Gladstone’s portfolio.
2. DHE Business Profile and Management Continuity
Headquartered in Centennial, Colorado, DHE offers hardware, software, device configuration, deployment logistics, repair, warranty support, data recovery and managed services. CEO Dan Hammack and co-founder Elena Hammack will retain meaningful shareholdings and continue leading the company post-closing.
3. Strategic Rationale and Financial Impact
This acquisition fits Gladstone’s strategy of partnering with founder-led lower middle market businesses to generate stable income and long-term capital appreciation. Gladstone expects DHE’s existing customer relationships and expanding service capabilities to drive portfolio diversification and support future dividend growth.
