MCLEAN, Va., Aug. 09, 2016 (GLOBE NEWSWIRE) -- Gladstone Capital Corporation (NASDAQ:GLAD) (“Gladstone Capital”) announced that it has completed a $10 million 2nd lien debt investment in Merlin International, Inc. (“Merlin”).
Headquartered in Vienna, VA, Merlin provides IT services and solutions to Federal Government agencies, with a focus on the Federal Healthcare community.
“Merlin has an excellent reputation for providing innovative information technology solutions to major government agencies,” said Mike McQuigg, a Managing Director of Gladstone Capital. “We are excited to support the Merlin team as they continue to grow the business.”
Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities, consisting primarily of secured first and second lien term loans to small and medium sized businesses in the United States. Information on the business activities of Gladstone Capital and all the Gladstone funds can be found at www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.
For further information: Gladstone Capital Corporation, 703-287-5893
The statements in this press release regarding the longer-term prospects of Merlin and its management team, and the ability of Merlin to grow and expand are "forward-looking statements." These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on the Company's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in Gladstone Capital's filings with the Securities and Exchange Commission. Gladstone Capital undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or otherwise, except as required by law.
Source:Gladstone Capital Corporation