BB&T Capital Markets Serves as Exclusive Financial Advisor to Educators Resource, Inc. in its Sale to Gladstone Investment Corporation (NASDAQ:GAIN)
On November 30, 2018, Educators Resource, Inc. (“Educators Resource”) received an investment from Gladstone Investment Corporation (“Gladstone Investment”). BB&T Capital Markets served as the exclusive financial advisor to Educators Resource.
About the Companies
Educators Resource is a leading wholesale distributor of school supplies and K-12 supplemental teaching materials to market leading e-retailers and brick-and-mortar stores nationwide. The Company offers the broadest array of products in the market, with over 25,000 SKUs sourced from over 300 suppliers, ensuring that reseller customers are able to deliver upon an "endless aisle" experience without the burden of onerous inventory and fulfillment costs.
Gladstone Investment is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.