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Gladstone Investment acquires Rowan Energy, terms not disclosed

Gladstone Investment (GAIN) Corporation announced its acquisition of Rowan Energy along with Xyresic Capital. Gladstone Investment provided senior secured debt and the majority of the equity to complete the transaction. Rowan, based in Oklahoma City, Oklahoma, is a leading U.S. oil-and-gas services company specializing in advanced frac sand filtration, completion-equipment deployment and field-operations support.

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