Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Gladstone Capital Provides Debt & Equity in Recapitalization of WorkforceQA

MCLEAN, VA / ACCESSWIRE / December 27, 2021 / Gladstone Capital Corporation (NASDAQ: GLAD) ("Gladstone Capital") announced that it has completed a senior debt and minority equity investment in support of the recapitalization of WorkforceQA, LLC ("WorkforceQA"), a leading tech-enabled Third-Party Administrator ("TPA") of employee compliance solutions focused on regulated and safety-sensitive industries, in partnership with Hamilton Robinson Capital Partners ("Hamilton Robinson") and WorkforceQA's management. Headquartered in Salt Lake City, UT, the WorkforceQA serves many of the largest trucking, airline, logistics and rail companies in the U.S., assisting them in managing their entire employee screening programs, including drug and alcohol testing, physical examinations, background checks and training and compliance.

Laura Gladstone, Managing Director of Gladstone Capital Corporation, stated: "We are pleased to partner with Hamilton Robinson, a leading lower-middle market private equity firm, on another investment in the business services industry. We also are excited to partner with the management team at WorkforceQA, which has led the company to be a leader in the TPA drug and alcohol testing industry as a dedicated employee screening partner to blue chip customers all over the world. Supporting founder-owned businesses in transition is core to our investment approach. Furthermore, WorkforceQA's unmatched customer service and tech-enabled proprietary technology sets them apart from their competitors and will help them continue their strong growth trajectory going forward."

"Building off our most recent deal with Hamilton Robinson (GrayMatter Systems) we have delivered yet another custom financing solution for a client in the business services industry. We look forward to years of continued partnership, growth and value creation," commented Ray Logan, Director of Gladstone Capital Corporation.

About Gladstone Capital: Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities, consisting primarily of secured first and second lien term loans to lower middle market businesses in the United States. Information on the business activities of Gladstone Capital and the other publicly traded Gladstone funds can be found at www.GladstoneCapital.com or www.GladstoneCompanies.com.

About Hamilton Robinson: Hamilton Robinson Capital Partners is a lower-middle market private equity firm focused on making control investments in North American-based commercial service, distribution, specialty industrial manufacturing, and industrial technology businesses. Founded in 1984 and based in Stamford, CT, Hamilton Robinson has completed over $1.6 billion in transactions supporting over 65 family businesses and corporate divestitures. Investors include leading financial institutions, funds, family offices, and individuals in the United States and Europe. For more information visit www.hrco.com.

"Realizing the promise in small companies for decades"

About WorkforceQA: At WorkforceQA the keyword is partnership. We strive to be a partner of choice to each client - building relationships, cultivating trust, and providing the most transparent and effective service possible. From pre-employment tests to random management, and 24/7 post-accident support, we have the team and resources in place to help you manage your entire employee screening program. For more information visit www.wfqa.com.

"Your Compliance Ally - Trusted by the Best"

Investor Relations Inquiries: Please visit www.gladstonecompanies.com.

Gladstone Capital Corporation: +1-703-287-5893

Forward-Looking Statements:

The statements in this press release about future growth and shareholder returns are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on our current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in our filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or otherwise, except as required by law.

SOURCE: Gladstone Capital Corporation



View source version on accesswire.com:
https://www.accesswire.com/679570/Gladstone-Capital-Provides-Debt-Equity-in-Recapitalization-of-WorkforceQA

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.