Gladstone Investment Corporation has sold its equity interest and the payment of its debt investments in Acme Cryogenics to Graham Partners.
Graham Partners is a private equity firm based in Newtown Square, Pennsylvania, with a portfolio in building materials, medical products, packaging/consumer goods, transportation, aerospace, and more. As a result of this transaction, Gladstone Investment realized a significant capital gain on its equity investment, having first invested in Acme Cryogenics in 2006.
“Graham Partners is a highly professional group of very smart people who were very respectful of Acme, its customers, and its employees during the entire sales process,” said Joel Hansen, President of Acme Cryogenics. “Furthermore, they were very reasonable negotiators and met every commitment they made including transaction timing.”
Positioned for growth
... to continue reading you must be subscribed
