Business Development Firms Acquire Trade Show and Event Industry Leader
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ATLANTA, GA/December 14, 2015/ — Nth Degree, Inc., one of the nation’s leading event marketing and management companies, announced today it has been acquired by Gladstone Investment Corporation and Capitala Finance Corp. Gladstone and Capitala are publicly-traded business development companies that specialize in providing small to medium-sized companies the capital to fund growth and acquisitions. Nth Degree was previously-owned by Gen Cap America.
“Nth Degree has demonstrated a strong history of success and innovation in the face-to-face marketing industry,” said Kyle Largent, Managing Director, Private Equity, The Gladstone Companies. “The company is well-positioned for worldwide growth based on its customer base, experienced team, and global infrastructure. We look forward to helping the company develop and implement a long-term plan that is aligned with its customers’ global event marketing needs.”
Nth Degree President and CEO John Yohe and Nth Degree’s existing executive team will continue to manage the operations of Nth Degree.
“Our customers will continue to work with our experienced team members who are fully committed to supporting their trade show and event needs around the world,” said Yohe. “The entire executive team is very excited about Nth Degree’s market opportunities in the industry, and we are confident our partnership with Gladstone and Capitala will support our global growth and long-term success.”
About Gladstone Investment Corporation
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. Additional information can be found at www.gladstonecompanies.com.
About Capitala Finance Corporation
Capitala Finance Corp. is a business development company that invests primarily in traditional mezzanine, senior subordinated and unitranche debt, as well as senior and second-lien loans and, to lesser extent, equity securities issued by lower and traditional middle-market companies. Capitala Finance Corp. is managed by Capitala Investment Advisors, LLC. For more information, please visit www.CapitalaGroup.com
About Nth Degree
At Nth Degree, we don’t merely manage trade shows, exhibits, and events. We use them as a means to create loyal customers for our clients. Our job is to craft experiences that help build stronger brands—and we relish it. Whether we’re managing a complex trade show exhibit, driving strategy for an international event, or simply installing a 10×10 booth for one of 1,100 domestic and multinational clients, we’re passionate about what we do.
From our headquarters in Atlanta, Georgia as well as 21 satellite offices across North America and several major European cities, we serve our clients at over 7,500 event and trade show projects annually. Additional information can be found at www.nthdegree.com.