Gladstone Investment acquires Nielsen-Kellerman, terms not disclosed

Gladstone Investment (GAIN) announced its acquisition of Nielsen-Kellerman on December 19, 2024. This transaction was executed in collaboration with Nielsen-Kellerman’s executive leadership team, with Gladstone Investment providing both equity capital and senior secured debt to facilitate the acquisition. Nielsen-Kellerman designs, manufactures, and distributes a wide range of rugged, waterproof environmental measurement and sports performance instruments. The Company’s product line serves a broad spectrum of users, from outdoor enthusiasts and competitive athletes to professionals in specialized technical fields, all of whom rely on the Company’s precision instruments in challenging environments.