Gladstone Investment Corporation Acquires Majority Stake in McFarlane Toys

Todd McFarlane, Founder of McFarlane Toys

“When I started McFarlane Toys, the goal was to give fans and collectors products with a level of detail and creativity that stood apart. That commitment remains at the heart of our business. We are excited to partner with Gladstone Investment and the new opportunities this partnership will create, as we continue developing new products, supporting our licensing partners, and delivering the quality and creativity our fans expect.”

Stephan Tetrault, Chief Executive Officer and co-owner of McFarlane Toys

“We have built a strong foundation of talented people, valued licensing partnerships and longstanding retail relationships. Our partnership with Gladstone represents an exciting opportunity to accelerate our growth, expand our global reach, and continue diversifying our product portfolio. With Todd's creative vision, our talented team, and Gladstone's experience and resources, we are exceptionally well positioned for the next chapter of McFarlane Toys.”

Michael Cueter, Managing Director at Gladstone Investment

“McFarlane Toys has established a differentiated collectibles business through its well-recognized brand, distinctive design capabilities and deep relationships with leading licensors and retailers. We believe the company's passionate collector following, experienced team, and ability to bring new properties and product formats to market creates a compelling foundation for continued growth. We are excited to partner with Todd, Stephan, and the broader McFarlane Toys team as they build on the company's legacy and pursue the next phase of growth.”

Erika Highland, President of Gladstone Investment

“This investment represents our dedication to our ultimate goal of investing in quality companies that will produce stable income for dividends to our shareholders, as well as longer-term capital appreciation, through our significant equity ownership, resulting in capital gains.”