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Gladstone Investment Corporation is backing Smart Chemical Solutions in buying Polymer Technologies to improve services for the oil and gas industry.

DealRead the original at morningstar.com
Neutral

Gladstone backed Smart Chemical Solutions' completed purchase of Polymer Technologies alongside Xyresic Capital. The deal widens Smart's services, but the report gives no terms or expected financial effect for Gladstone, so its outlook is unchanged.

GAIN · Gladstone Investment Corporation

AI read · Neutral

The AI's read

A wider range of services may help Smart serve more customer needs. But the report gives no purchase terms or expected financial effect for Gladstone, so this news does not change how we read the company.

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