Gladstone Investment outlines buyout strategy for lower middle-market deals in investor presentation

Gladstone Investment outlined its lower middle-market buyout strategy, pairing senior secured debt with majority equity stakes in change-of-control deals.

• Portfolio held investments in 30 companies with aggregate fair value above $1.3 billion as of 6/30/2026.
• Equity securities represented about 48% of the portfolio at fair value as of 6/30/2026, supporting supplemental distributions tied to exits.
• Since inception, invested in 67 buyout companies; exited 33, generating $424.4 million of net realized gains and dividends on equity exits.
• Target deal size up to $75 million with a 70% debt and 30% equity mix; target purchase multiple 5x-8x enterprise value to EBITDA.