Continental AG Shares Jump After Q1 Profit Beats Expectations 
UOB Q1 Profit Meets Expectations as Loan Growth Offsets Lower Interest Rates 
Maersk Q1 Earnings Beat Expectations as Iran Conflict Clouds Shipping Outlook 
Strategy Reports Q1 Loss as Bitcoin Holdings Trigger $14.46 Billion Unrealized Hit 
Volvo Car Sales Drop 10% in Early 2026 Despite Growth in Electric Vehicles 
Hugo Boss Beats Q1 Profit Expectations Despite Market Headwinds 
Pinterest Stock Surges After Strong Q1 2026 Earnings Beat Expectations 
Lufthansa Q1 Loss Narrows as Strong Summer Travel Demand Boosts Outlook 
Agentic AI Boom to Drive Massive Growth in CPU Market, UBS Says 
Hua Hong Semiconductor Stock Surges to Multi-Year High Amid AI Boom 
AMD Q1 Earnings Surge on AI Demand, Stock Jumps After Strong Guidance 
Apple Explores Intel and Samsung Partnerships to Diversify Chip Supply Chain 
Hantavirus Cruise Ship Outbreak Triggers Global Health Alert 
Aker BP Q1 Profit Jumps on Higher Oil Prices and Asset Reversal 
BMW Keeps 2026 Outlook Despite 25% Profit Drop Amid Tariff Pressure 
Palantir Reports Record Growth, Raises 2026 Revenue Outlook Above Expectations 
Supermicro Forecasts Strong Q4 Revenue Growth as AI Server Demand Surges 
MCLEAN, Va., May 01, 2018 -- Gladstone Investment Corporation (NASDAQ:GAIN) (“Gladstone Investment”) announced today that on April 4, 2018, Gladstone Investment partnered with Bassett Creek Capital, Inc. (“BCC”) to form Bassett Creek Restoration, Inc. (“Bassett Creek Restoration”), a platform for acquiring and integrating restoration and renovation companies across the United States.
Bassett Creek Restoration partnered with members of executive management in the acquisition of J.R. Johnson, LLC (“JR Johnson”). Gladstone Investment provided equity and secured debt to complete the transaction. Headquartered in Portland, OR, JR Johnson is a leading provider of commercial restoration and renovation services. JR Johnson’s focus on quality and response time has made it an invaluable partner to real estate owners and property managers in their geography.
“We’re very excited to partner with BCC in the formation of the Bassett Creek Restoration platform. What we consider JR Johnson’s best-in-class processes and procedures make it an ideal initial investment for this platform as we look to integrate future acquisitions under the Bassett Creek Restoration umbrella,” said Peter Roushdy, Director of Gladstone Investment’s investment adviser.
Gladstone Investment is a publicly traded business development company that seeks to make debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations. Additional information on the transaction can be found at www.gladstoneinvestment.com.
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.
Forward-looking Statements:
The statements in this press release regarding the longer-term prospects of Bassett Creek Restoration, JR Johnson and its management team, and the ability of Bassett Creek Restoration and JR Johnson 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 Gladstone Investment'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 Investment's filings with the Securities and Exchange Commission. Gladstone Investment 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 Investment Corporation
For further information: Gladstone Investment Corporation, 703-287-5893
