MCLEAN, Va., July 29, 2016 (GLOBE NEWSWIRE) -- Gladstone Capital Corporation (NASDAQ:GLAD) announced that it has completed a debt investment in IA Tech, LLC.
Headquartered in Atlanta, GA, IA Tech owns a portfolio of eCommerce and digital marketing businesses serving outdoor enthusiast communities.
“IA Tech has established an impressive market position and is continuing to execute on a number of complementary business extensions and compelling opportunities. We are excited to provide debt financing to the IA Tech team as it continues to expand into new markets,” said Mike McQuigg, a Managing Director of Gladstone Capital.
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 small and medium sized businesses in the United States. Information on the business activities of Gladstone Capital and all the Gladstone funds can be found at www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visitwww.gladstone.com.
For further information: Gladstone Capital Corporation, 703-287-5893

