Gladstone Investment Corporation Supports Add-on Acquisition for Portfolio Company J.R. Hobbs
Gladstone Investment Corporation - Business Development Company (GAIN)
Last gladstone investment corporation - business development company earnings: 2/4 04:30 pm
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ir.gladstoneinvestment.com
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Source: GlobeNewswire
MCLEAN, Va., Oct. 15, 2018 (GLOBE NEWSWIRE) -- Gladstone Investment Corporation (NASDAQ: GAIN) made an additional investment into its portfolio company J.R. Hobbs Co – Atlanta, LLC (“J.R. Hobbs”) in order to affect the acquisition of Mai Mechanical. Headquartered in Lawrenceville, GA, J.R. Hobbs is a mechanical solutions company providing design-build HVAC systems and services for multi-family and commercial properties in the Southeast region of the United States. Based in Commerce City, CO, Mai Mechanical is a leading plumbing and mechanical contractor servicing the Denver market. "We’re extremely excited to partner with the team at Mai Mechanical," said Dave Harper, CEO of J.R. Hobbs. "For over 40 years, Mai Mechanical has serviced its customers with high-quality plumbing and mechanical solutions. We look forward to preserving Mai Mechanical’s legacy and building on the growth they’ve achieved over the past several years." Gladstone Investment Corporation is a publicly traded b
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