on Gladstone Capital Corporation (NASDAQ:GLAD)
Gladstone Capital Announces Financing To Support RPM
Gladstone Capital Corporation (NASDAQ:GLAD) has completed a junior debt facility to support the acquisition of RPM Freight Systems, LLC by Bluejay Capital Partners and Trive Capital. RPM is a technology-driven provider of transportation management solutions in North America and Europe. Based in Royal Oak, Michigan, RPM serves 30+ countries, offering data-driven solutions for OEMs, online dealers, re-marketing firms, and more.
Eric Maloy, Managing Director at Gladstone Capital, highlighted RPM's technological strengths and market growth. Pierre Mathieu of Bluejay Capital praised Gladstone's flexible debt structure, while Andrew Frank of Trive Capital emphasized their supportive partnership.
R. P.
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