Gladstone Investment Corporation (NasdaqGS:GAIN) is looking for acquisitions. David Dullum, President said, "So looking forward, even though there does seem to be some moderation in the multiples being used to determine the values of buyouts, the market is still very competitive with deal flow being strong and significant liquidity in buyout funds, of course, is our competition. We will remain patient and selective in our due diligence and review process while aggressively seeking new acquisitions and implementing recapitalizations with existing portfolio companies as appropriate.

Well, let you know that the new acquisition effort is very important and is a high priority for us. So in summing up the quarter and looking forward, we believe the state of our portfolio is very good. We have a strong and liquid balance sheet, an active level of buyout activity and continued prospect of good earnings and distributions over the next year".