Gladstone Investment Closes on the Acquisition of Extrude Hone LLC
Key Highlights
- ➤Gladstone Investment (GAIN) closed on the acquisition of Extrude Hone LLC
- ➤Extrude Hone provides precision surface-finishing solutions for mission-critical applications
- ➤Acquisition adds Extrude Hone to Gladstone Investment’s portfolio of operating businesses
- ➤Gladstone expects the acquisition to produce dividend income and longer-term capital gains
Expert Statements
Christopher Lee, Executive Vice President of Gladstone Investment
“We are excited to partner with the Extrude Hone management team and support the company’s next phase of growth.”
Christopher Lee, Executive Vice President of Gladstone Investment
“Extrude Hone has developed a strong market position, differentiated capabilities and a long history of serving customers with highly engineered finishing solutions.”
Christopher Lee, Executive Vice President of Gladstone Investment
“We look forward to investing alongside management to build upon that foundation.”
David Dullum, Chief Executive Officer and President of Gladstone Investment
“We are pleased to announce the acquisition of Extrude Hone, adding another quality company to Gladstone Investment’s portfolio of operating businesses.”
David Dullum, Chief Executive Officer and President of Gladstone Investment
“We expect it to produce both income for dividends to shareholders and longer-term appreciation for capital gains.”
MCLEAN, VA / ACCESS Newswire / September 30, 2026 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") announced today that it closed on the acquisition of Extrude Hone, an Irwin, Pennsylvania-based company. Extrude Hone is a leading provider of precision surface-finishing solutions used in mission-critical applications such as aerospace, automotive, heavy industrial, energy and other demanding end markets. The company's proprietary technologies and service capabilities help customers improve product performance, reliability and manufacturing efficiency.
Extrude Hone represents another example of Gladstone Investment's focus on partnering with established lower middle market businesses that hold leading positions in specialized industrial niches. Extrude Hone has built a strong reputation for technical expertise, long-standing customer relationships and mission-critical manufacturing solutions across a diverse set of end markets.
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