Gladstone Investment Corporation Invests in Schylling, Inc.

MCLEAN, Va., Aug. 13, 2013 /PRNewswire/ -- Gladstone Investment Corporation (NASDAQ: GAIN) ("Gladstone Investment") announced today that on August 8, 2013, it invested debt and the majority of the equity required to conduct the buyout of Schylling, Inc. ("Schylling"), a premier provider of high quality specialty toys. Gladstone Investment partnered with Crofton Capital LLC (, industry executive Frank O'Connell, and the Schylling management team, in support of the acquisition from the sellers. 


Schylling, founded in 1975 and based in Rowley, MA, designs its own proprietary line of toys, designs toys for other brands under license agreements, and acts as a distributor for other toy brands by leveraging its unique distribution channel.  

"Gladstone Investment is excited about partnering with Crofton, Frank, and the talented and experienced management team at Schylling. We look forward to the continued growth of the business and building on the success that this management team has already achieved," said Kyle Largent, Managing Director at Gladstone Investment.

Gladstone Investment Corporation is a publicly traded business development company that seeks to make debt and equity investments in small and mid-sized businesses in the United States in connection with acquisitions, changes in control and recapitalizations. Gladstone Investment has paid 97 consecutive monthly cash distributions on its common stock. Additional information on this transaction can be found at

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit

Forward-looking Statements:

The statements in this press release regarding the longer-term prospects of Schylling and its management team, and the ability of Schylling to grow and expand are "forward-looking statements." These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on the Company's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in Gladstone Investment's filings with the Securities and Exchange Commission. Gladstone Investment undertakes no obligation to publicly release the result of any revisions to these forward looking statements that may be made to reflect any future events or otherwise, except as required by law.

SOURCE Gladstone Investment Corporation