Gladstone Investment Corporation Acquires Nielsen-Kellerman

Gladstone Investment Corporation, a publicly traded business development company, has announced its acquisition of Nielsen-Kellerman, Inc. The transaction took place on December 19, 2024. This strategic move was achieved with the cooperation of Nielsen-Kellerman's executive leadership, with Gladstone providing both equity capital and senior secured debt.

Nielsen-Kellerman is known for designing and distributing robust environmental measurement and sports performance instruments. Their products cater to a diverse clientele, including outdoor enthusiasts, competitive athletes, and specialized professionals, offering reliability in challenging environments.

Senior Managing Director Erika Highland expressed enthusiasm about the acquisition, highlighting Nielsen-Kellerman's market position and reputation for high-performance instruments as key factors for growth. President David Dullum emphasized the alignment of the buyout with Gladstone's investment thesis.