Gladstone Capital: Diversified BDC Trading At Attractive Valuation
GLADGladstone Capital (GLAD) Seeking Alpha·2024-05-14 11:00
J Studios/DigitalVision via Getty ImagesOverview Gladstone Capital (NASDAQ:GLAD) operates as a business development company that focuses on investing in lower middle market businesses. GLAD provides financing to these companies and assists with equity buyouts, supporting individual business growth milestones, acquisitions, and collecting interest from these debts for their support and efforts. The BDC was founded in 2001 and has invested over $2.5B since then. They typically focus on businesses that gen ...