M&A Deal Summary

Gladstone Investment Acquires Educators Resource

On November 30, 2018, business development company Gladstone Investment acquired distribution company Educators Resource

Acquisition Highlights
  • This is Gladstone Investment’s 1st transaction in the Distribution sector.
  • This is Gladstone Investment’s 16th transaction in the United States.
  • This is Gladstone Investment’s 1st transaction in Alabama.

M&A Deal Summary

Date 2018-11-30
Target Educators Resource
Sector Distribution
Buyer(s) Gladstone Investment
Deal Type Buyout (LBO, MBO, MBI)

Target

Educators Resource

Mobile, Alabama, United States
Educators Resource is a wholesale distributor of school supplies and K-12 supplemental teaching materials to market leading e-retailers and brick-and-mortar stores nationwide. Educators Resource is based in Mobile, Alabama.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

DESCRIPTION

Gladstone Investment Corporation is a business development company focused on partnering with profitable lower middle-market companies in the manufacturing, consumer products, and business services sectors. The Firm looks for profitable businesses throughout the US where it can invest equity/debt capital of up to $75 million. Gladstone Investment Corporation was formed in 2005 and is based in McLean, Virginia.


DEAL STATS #
Overall 16 of 31
Sector: Distribution M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 8 of 16
State: Alabama M&A 1 of 1
Country: United States M&A 16 of 30
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-06 Precision Southeast

Myrtle Beach, South Carolina, United States

Precision Southeast is an injection molder that designs sophisticated molds and manufactures highly engineered molded plastic products using a variety of resins. Precision Southeast was founded in 1980 and is based in Myrtle Beach, South Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-07 Jackrabbit

Ripon, California, United States

Jackrabbit is a manufacturer of harvesting machines that are now standard in the nut farming industry. Jackrabbit’s machines are stapled products in almond, walnut, and pecan harvesting, while Dakota’s self-propelled pruning towers and laser cutting and forming services expand its reach into crop industries, including cherries and avocados. Jackrabbit was founded in 1981 and is based in Ripon, California.

Sell -