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In this list

Gladstone Capital exits investment in Southern Petroleum Laboratories

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Gladstone Capital exits investment in Southern Petroleum Laboratories

Gladstone Capital Corp. has exited its investment in Southern Petroleum Laboratories in connection with the exit by the investment'ssponsor, Hastings Equity PartnersLLC.

The company's exitfrom the investment in Southern Petroleum Laboratories, which provides  laboratory test and measurement services forthe oil and gas production industry, led to prepayment in full of its juniordebt and a gain on its equity co-investment.

Hastings, a privateequity firm focused on investing in lower middle-market energy services andequipment businesses, partnered with certain funds advised by and theEdgewaterFunds in the transaction.