Gladstone Investment acquires Pyrotek Special Effects, terms not disclosed

Gladstone Investment (GAIN) partnered with Scott Dunlop and the company’s executive management in the acquisition of Pyrotek Special Effects. Gladstone Investment provided equity and senior secured debt to complete the transaction. Scott Dunlop is the long-time President and CEO of Pyrotek and will remain in these roles. Pyrotek is a leading provider of special effects services and solutions for the live entertainment industry with a full range of special effects offerings, creative and technical design services, permitting and logistics support worldwide, and specialized installation, setup, and tear down. Pyrotek’s customer base consists of the largest names in global music and entertainment, professional sports leagues, marquee music festivals, award shows, and globally recognized media and entertainment brands.