Gladstone Investment Corporation acquired Nielsen-Kellerman Acquisition Corp., a company specializing in rugged, waterproof environmental measurement and sports performance instruments. This acquisition was advised by D.A. Davidson & Co.
Nielsen-Kellerman, founded in 1978 and headquartered in Boothwyn, PA, offers product lines such as Kestrel Instruments and Ambient Weather, serving outdoor enthusiasts, athletes, and professionals.
This acquisition adds a new company to GAIN's portfolio, further diversifying its investments within the U.S. lower middle market and aligning with its buyout strategy.
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