M&A Deal Summary

Gladstone Investment Acquires J.R. Hobbs

On February 17, 2017, business development company Gladstone Investment acquired construction company J.R. Hobbs

Acquisition Highlights
  • This is Gladstone Investment’s 1st transaction in the Construction sector.
  • This is Gladstone Investment’s 14th transaction in the United States.
  • This is Gladstone Investment’s 1st transaction in Georgia.

M&A Deal Summary
Date 2017-02-17
Target J.R. Hobbs
Sector Construction
Buyer(s) Gladstone Investment
Deal Type Buyout (LBO, MBO, MBI)

Target

J.R. Hobbs

Lawrenceville, Georgia, United States
J.R. Hobbs is a HVAC specialty contractor with expertise in multi-unit construction. J.R. Hobbs serves general contractors and owner/developers in new construction and redevelopment projects in multi-family buildings, student housing projects and assisted living facilities. J.R. Hobbs was founded in 1971 and is based in Lawrenceville, Georgia.

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Buyer(S) 1

Buyer

Gladstone Investment

Investor Investor Investor Investor Investor

Category Business Development Company
Founded 2005
Size Small
Type Sector Agnostic
DESCRIPTION

DEAL STATS #
Overall 14 of 28
Sector (Construction) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 6 of 15
State (Georgia) 1 of 1
Country (United States) 14 of 27
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-09 The Mountain

Keene, New Hampshire, United States

The Mountain is a designer and manufacturer of premium quality, bold artwear apparel serving a diverse global customer base. The Company pioneered a unique mottled dye technique and proprietary screen printing process to build an expansive portfolio of exclusive artwear designs. The Mountain was founded in 1998 and is based in Keene, New Hampshire.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-07 Mitchell Rubber Products

Mira Loma, California, United States

Mitchell Rubber Products is a manufacturing company involved in suppling OEM and aftermarket rubber goods with diverse and unique requirements. Mitchell Rubber Products serves some of the brands within the automotive, agricultural, construction and heavy duty truck industries. Mitchell Rubber Products was founded in 1939 and is based in Mira Loma, California.

Sell -
Mergr

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Company

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