Business
Gladstone Capital Announces Investment in Viva Railings
MCLEAN, VA / ACCESSWIRE / July 19, 2022 / Gladstone Capital Corporation (Nasdaq:GLAD) ("Gladstone Capital") is pleased to partner with Bennett Capital
About this update from Gladstone Capital Corporation
[{"type":"text","content":"MCLEAN, VA / ACCESSWIRE / July 19, 2022 / Gladstone Capital Corporation (Nasdaq:GLAD) (\"Gladstone Capital\") is pleased to partner with Bennett Capital Partners (\"Bennett Capital\") and Viva Railings, LLC (\"Viva Railings\" or \"Viva\") by providing a senior debt investment and follow-on growth capital.About Viva Railings, LLC: Viva Railings was founded in 2005 and is strategically headquartered in the Dallas-Fort Worth metroplex to serve its customers and projects across the US and beyond. The company has grown and evolved into an award-winning manufacturer of modular, stainless-steel railings. Viva Railings is a leader in architectural railing systems, providing turnkey in-house designs, engineering, fabrication and installations, serving leading architects, contractors, and building owners. The company provides architects access to design tools, engineering support, sku libraries, and CAD files to streamline the design and bidding process. For eight years, Viva Railings has been ranked on Inc. 500|5000 lists of Fastest Growing American Companies. For more information please visit: www.VivaRailings.com.The investment from Gladstone Capital will allow Viva Railings to invest in various new growth initiatives, while supporting the company's efforts to accelerate the expansion of its existing footprint. \"We are thrilled to partner with Viva Railings and Bennett Capital,\" said John Sateri, Managing Director at Gladstone Capital. \"Viva Railings has been a leader and innovator in the industry for decades and we look forward to supporting Bennett Capital and Viva's continued expansion in the years to come.\"\"We are pleased to welcome Gladstone Capital as our partner and excited about their ability to provide flexible capital to support our growth,\" said Huzefa Tinwala, Co-Founder and President of Viva Railings. Adam Bennett, Managing Partner at Bennett Capital added, \"Viva's ability to solve complex problems and a track record for delivering projects on time and on budget provide a catalyst for growth that is ideally suited for a capital partner such as Gladstone Capital.\"About Bennett Capital Partners: Bennett Capital is an operationally oriented investor in middle market companies providing capital and hands-on support to help companies and management teams grow and achieve long-term success. For more information please vi...