Gladstone (GAIN) Invests $22.5M in Bath Product Maker Ginsey Holdings
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Gladstone Investment Corporation (Nasdaq: GAIN) reports that on Tuesday, July 3, 2012, it invested $22.5 million through a combination of debt and equity in Ginsey Holdings, Inc., dba Ginsey Home Solutions.
Gladstone Investment, together with certain members of Ginsey's executive management team, provided the capital to support the recapitalization and change of ownership of the business.
Ginsey designs and markets a broad line of branded juvenile and adult bath products.
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Gladstone Investment, together with certain members of Ginsey's executive management team, provided the capital to support the recapitalization and change of ownership of the business.
Ginsey designs and markets a broad line of branded juvenile and adult bath products.
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