Gladstone Investment Buys Pyrotek Special Effects

MT Newswires Live11-25

Gladstone Investment (GAIN) said Monday it has partnered with Scott Dunlop and management to acquire Pyrotek Special Effects, a provider of special effects services for the live entertainment industry.

The company said it provided equity and senior secured debt to finalize the deal.

Dunlop, Pyrotek's long-time president and chief executive, will continue in these roles, the company said.

Financial details weren't disclosed.

Price: 13.35, Change: -0.02, Percent Change: -0.15

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