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Gladstone Invests in Sun State Nursery & Landscaping in Partnership With Everglades Equity
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Gladstone Invests in Sun State Nursery & Landscaping in Partnership With Everglades Equity
May 26, 2025 1:20 PM

10:09 AM EDT, 05/23/2025 (MT Newswires) -- Gladstone Investment ( GAIN ) invested an undisclosed amount of senior secured debt and equity in Sun State Nursery & Landscaping in collaboration with Everglades Equity.

"We are thrilled to be adding another quality portfolio company to Gladstone Investment's ( GAIN ) assets through this acquisition, as we expect it to produce both income for dividends to shareholders and longer-term capital appreciation for capital gains," Christopher Lee, senior managing director of Gladstone, said Friday in a statement.

Jacksonville, Florida-based Sun State provides commercial landscaping installation and maintenance services.

Price: 14.58, Change: -0.04, Percent Change: -0.27

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