Gladstone Investment Corporation entered a definitive agreement to acquire Extrude Hone LLC. Extrude Hone provides precision surface-finishing solutions for mission-critical applications.
The company serves the aerospace, automotive, energy, and heavy industry sectors. This acquisition aligns with Gladstone’s strategy of investing in established lower middle-market businesses with leading niche positions.
CEO David Dullum expects the addition to support both dividend income and long-term capital appreciation. The transaction remains subject to regulatory approval.