The 2020 Mid-Year Economic Update_long

Edge Adhesives Holdings Acquired by Gladstone Capital

Gladstone looks to accelerate growth with acquisition.

Gladstone Capital Corp. (NASDAQ: GLAD), McLean, VA, has acquired Edge Adhesives Holdings, Inc. from Superior Capital Partners. Gladstone completed this transaction together with Akoya Capital LLC.

Edge Adhesives, Fort Worth, TX, is a manufacturer of adhesives, sealants, tapes and related solutions used in building products, transportation, electrical and HVAC.

"Edge represents a strong fit for Gladstone, and we are excited by the prospect of partnering with an industry veteran in Dave Burger (CEO)," said Peter Kotz, managing director of Gladstone Investment and Gladstone Capital. "A collective partnership with Akoya, which brings specialty chemicals expertise, also allows us to accelerate the growth in the business and continue to deliver value-added solutions to its blue-chip customer base."

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