Gladstone represents a unique breed of investor that will allow the Company to retain its culture and values...
Keene, NH (PRWEB) May 12, 2016
Today The Mountain Corporation (“the Company”) announced that it has been recapitalized by Gladstone Investment Corporation (“Gladstone”).
Based in Keene, NH, The Mountain (http://www.themountain.com) is a leading manufacturer of premium quality, bold artwear apparel serving a diverse global customer base. Operating out of four primary locations, the Company pioneered a unique mottled dye technique and proprietary screen printing processes to build an expansive portfolio of exclusive artwear designs. Since its founding in 1981, the Company has created, dyed and printed all garments in the USA using sustainable practices.
Gladstone is a publically traded business development company that makes equity and debt investments in small and medium sized growth-oriented private businesses in the US.
Mike Krinsky, Co-Founder and former Chief Executive Officer of The Mountain commented, “For over 35 years The Mountain has been at the forefront of sustainable dying and screen printing technology. We have been committed to providing the highest levels of quality and we look forward to accelerating our capabilities and product depth with the support of Gladstone. Gladstone represents a unique breed of investor that will allow the Company to retain its culture and values while adding enormous resources and expertise to The Mountain for years to come.”
“The Mountain is a very special company that fits perfectly within our investment strategy,” said Gladstone President, David Dullum. “The combination of their long history of successful products, such as Three Wolf Moon, alongside the artistic vision for future success is unmatched in the industry. The Mountain has earned an exceptional reputation with customers thanks to its high-quality, eco-friendly approach,” said Dullum. “We appreciate what Mike Krinsky and his management team were able to create; few companies can enjoy such success.”
Please direct inquiries to Colleen Manzi, Director of Marketing, via phone at 603-355-3700 or via email to colleen(at)themountain(dot)com.