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Stock impact report

Gladstone Investment Corporation Acquires Educators Resource

Gladstone Investment Corporation - Business Development Company (GAIN) 
Last gladstone investment corporation - business development company earnings: 2/4 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gladstoneinvestment.com
Company Research Source: GlobeNewswire
MCLEAN, Va., Dec. 06, 2018 (GLOBE NEWSWIRE) -- Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”) announced today that on November 30, 2018, it acquired Educators Resource, Inc. (“Educators Resource” or the “Company”) in partnership with members of the Company’s executive management team.  Gladstone Investment provided equity and senior secured debt to complete the transaction.  Educators Resource is a leading wholesale distributor of school supplies and K-12 supplemental teaching materials to market leading e-retailers and brick-and-mortar stores nationwide. The Company offers the broadest array of products in the market, with over 25,000 SKUs sourced from over 300 suppliers, ensuring that reseller customers are able to deliver upon an “endless aisle” experience without the burden of onerous inventory and fulfillment costs. Additional information can be found at www.educatorsresource.com. “Educators Resource is a leader in e-commerce fulfillment, providing a Show less Read more
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