Gladstone Investment Announces Sale Of Its Portfolio Company Counsel Press Holdings To Align Capital Partners; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Gladstone Investment has announced the sale of its portfolio company, Counsel Press Holdings, to Align Capital Partners. The terms of the deal were not disclosed. However, Gladstone Investment realized a significant capital gain on its equity investment, which it had made in 2015.
October 23, 2023 | 9:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Gladstone Investment's sale of Counsel Press Holdings has resulted in a significant capital gain. This could potentially boost the company's financial performance.
The sale of Counsel Press Holdings, a portfolio company of Gladstone Investment, has resulted in a significant capital gain. This is likely to have a positive impact on the company's financial performance, potentially leading to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100