Once again, Gladstone Investment (GAIN) has made a portfolio company acquisition – this time of Global Grab Technologies, a Tennessee company masterfully described as being ” a provider of perimeter security and hostile vehicle mitigation systems”. Once again, the BDC has provided no details on the breakdown between the $68mn of debt and equity provided. The total amount invested is on the higher side by GAIN’s standards but otherwise we’ve not got anything else to add. We may have to wait years to find out if this acquisition proves a winner – like many before, or a bust – which also happens to GAIN at times. However, when GAIN’s IIQ or IIIQ 2025 results are published, we’ll at least get some basic details about the financing.