Daily News: July 14, 2015

Gladstone Capital Invests $7.2MM in Mikawaya


Gladstone Capital announced it invested $7.2 million through a combination of debt and equity to support Century Park Capital Partners’ acquisition of Mikawaya.

Vernon, CA-based Mikawaya is a producer of Japanese pastries and specialty frozen desserts. The company has long-standing relationships in the supermarket and foodservice segments and its products are currently available in approximately 1,800 locations nationwide.

“Gladstone Capital is pleased to be working with Century Park and Mikawaya’s management team. We look forward to building on the success of the company and to the continued growth of the business,” said Zoltan Berty, a managing director of Gladstone Capital.

McLean, VA-based Gladstone Capital is a publicly traded business development company that invests in debt and equity securities, consisting primarily of senior, second lien and senior subordinated term loans in small and medium sized businesses in the U.S.