| Date | Title | | | 02/20/13 | American Capital Receives $127 Million From Sale of Paradigm Precision Holdings| BETHESDA, Md., Feb. 20, 2013 /PRNewswire/ -- American Capital, Ltd. (Nasdaq: ACAS) ("American Capital") announced today that its portfolio company Paradigm Precision Holdings, LLC ("Paradigm Precision") was sold to Dynamic Precision Group, a portfolio company of The Carlyle Group (NASDAQ: CG), on January 31, 2013. American Capital and its affiliated funds have received $129 million in debt and equity proceeds, subject to post-closing adjustments, of which $127 million was received by ... |
|  | | 01/17/13 | American Capital Receives $60 Million From The Sale Of Lifoam Holdings And Generates An 11% Return On Its Investment|
BETHESDA, Md., Jan. 17, 2013 /PRNewswire/ -- American Capital, Ltd. (Nasdaq: ACAS) ("American Capital") announced today that its portfolio company Lifoam Holdings, Inc. ("Lifoam") was sold to Jarden Corporation ("Jarden") (NYSE: JAH) on December 31, 2012. American Capital received $60 million in debt and equity proceeds and realized a gain of $14 million, subject to post-closing adjustments. American Capital's compounded annual rate of return earned on its debt and equity securities over t... |
| | | 02/16/12 | American Capital Receives $108 Million in Proceeds from Sale of Aptara and Generates a 17% Annual Return on Its Investment| BETHESDA, Md., Feb. 16, 2012 /PRNewswire via COMTEX/ --American Capital, Ltd. (Nasdaq: ACAS) announced today that its portfolio company Aptara, Inc. ("Aptara") was sold to iEnergizer (AIM: IBPO) for $144 million on February 7. American Capital and its affiliated funds received $134 million in proceeds, subject to post-closing adjustments, of which approximately $108 million was received by American Capital. American Capital's compounded annual rate of return earned over the life of its total s... |
| | | 01/17/12 | American Capital Receives $215 Million in Cash Proceeds from the Sale of CIBT Solutions, Inc.|
BETHESDA, Md., Jan. 17, 2012 /PRNewswire/ -- American Capital, Ltd. (Nasdaq: ACAS) announced today that on December 15, 2011 it completed the sale of its portfolio company CIBT Solutions, Inc. ("CIBT") to ABRY Partners. American Capital received $215 million in cash proceeds which were less than American Capital's third quarter 2011 valuation of the investment by $2 million, or less than 1%. American Capital's compounded annual rate of return earned over the life of its total investment in... |
| | | 10/13/11 | American Capital and Its Funds Receive $49 Million in Debt and Equity Proceeds From Sixnet Exit| BETHESDA, Md., Oct. 13, 2011 /PRNewswire via COMTEX/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on October 5 its portfolio company Sixnet Holdings LLC ("Sixnet") was acquired by Spectris plc for $72 million. American Capital and its affiliated funds under management received $12 million in equity proceeds, subject to customary post-closing adjustments, of which approximately $7 million went to American Capital. In addition to the equity proceeds, American Capital's $37 million ... |
| | | 09/02/11 | American Capital Achieves a Gain of $93 Million and Receives $138 Million in Proceeds From Value Plastics Exit| BETHESDA, Md., Sept. 2, 2011 /PRNewswire via COMTEX/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on August 26, 2011 its portfolio company VP Acquisition Holdings, Inc. ("Value Plastics") was acquired by Nordson Corporation (Nasdaq: NDSN) for $250 million. American Capital received $138 million in proceeds and realized a gain of $93 million during the third quarter from the transaction, subject to post-closing adjustments. Value Plastics was advised by Lazard Middle Market LLC on... |
| | | 02/02/11 | American Capital Achieves a Gain of $11 Million and Receives $72 Million in Proceeds from triVIN Exit| BETHESDA, Md., Feb. 2, 2011 /PRNewswire via COMTEX/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on January 31 its portfolio company triVIN Holdings, Inc. ("triVIN") was acquired by DealerTrack Holdings, Inc. (Nasdaq: TRAK) ("DealerTrack"). American Capital received $72 million in proceeds and realized a gain of $11 million during the first quarter from the transaction, subject to post-closing adjustments.
Including investments in triVIN by American Capital's affiliated funds... |
| | | 08/23/10 | American Capital Receives $12 Million in Proceeds from Narus Exit| BETHESDA, Md., Aug 23, 2010 /PRNewswire via COMTEX/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on July 29 its portfolio company Narus was acquired by Boeing. American Capital received $12 million in proceeds and realized a gain of $3 million during the third quarter from the transaction, subject to post-closing adjustments. American Capital's compounded annual rate of return earned over the life of its investment was 7%. The proceeds received by American Capital were less than ... |
| | | 10/16/09 | American Capital Receives $66 Million In Proceeds From Sale of Imperial Supplies|
BETHESDA, Md., Oct. 16 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on October 13 it completed the sale of its portfolio company Imperial Supplies Holding Inc. to W.W. Grainger Inc. (NYSE: GWW). American Capital received $66 million in proceeds and realized a loss of $5 million during the fourth quarter from the transaction, subject to post-closing adjustments. American Capital's compounded annual rate of return, including interest, dividends and fees... |
| | | 10/15/09 | American Capital Receives $15 Million in Proceeds from Sale of Equity in HomeAway, Realizes $4 Million Gain|
BETHESDA, Md., Oct. 15 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on September 3, it completed the sale of its remaining equity investments in its portfolio company HomeAway Inc., fully exiting the company. American Capital received $15 million in proceeds realizing a $4 million gain during the third quarter from the transaction. The sale was made to a broad group of existing HomeAway investors.
Including investments in HomeAway by American C... |
| | | 09/16/09 | American Capital Receives $182 Million In Proceeds From Sale of Axygen Bioscience|
BETHESDA, Md., Sept. 16 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on September 15, it completed the sale of its portfolio company Axygen BioScience Inc., including its subsidiaries Axygen Inc. and Sorenson BioScience Inc., to Corning Incorporated for approximately $400 million. The total inception to date gain and income, including dividend and fee income, from the equity invested by American Capital's affiliated funds under management was $102 millio... |
| | | 09/14/09 | American Capital Realizes $16 Million Gain From Portfolio Company Exit|
BETHESDA, Md., Sept. 14 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on August 14, 2009, in connection with the sale of one of its portfolio companies, its debt investment in the company was repaid and it sold associated warrants. American Capital realized a gain of $16 million from the transaction, subject to postclosing adjustments. American Capital's total inception to date realized gain on this investment was $17 million and its compounded annual ra... |
| | | 07/16/09 | American Capital Completes Sale of People Media, Receives $57 Million in Cash Proceeds and Realizes $15 Million Gain | Bethesda, MD – July 16, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced that, on July 13, it completed the sale of its portfolio company People Media to Match.com, an operating business of IAC. American Capital received $57 million in cash proceeds and realized a gain of $15 million in the third quarter from the transaction. American Capital’s compounded annual rate of return was 30%, including dividends, interest and fees earned over the life of the investment. Including investments in... |
| | | 05/05/09 | American Capital Realizes $31 Million Gain From Sale of Piper Aircraft | Bethesda, MD – May 5, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced that on May 1 it completed the sale of its portfolio company Piper Aircraft Inc. (“Piper”) to Imprimis. American Capital realized a gain of $31 million from the transaction, subject to post closing adjustments. American Capital’s total inception to date realized gains on its Piper investments were $48 million and its compounded annual rate of return, including interest and fees earned over the life of its investment wa... |
| | | 04/14/09 | American Capital Receives Cash Proceeds of $22 Million From Sale of Corrpro Companies | Bethesda, MD – April 14, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced today that in the first quarter of 2009 it received cash proceeds of $22 million from the sale of its portfolio company Corrpro Companies Inc. to a wholly-owned subsidiary of Insituform Technologies Inc. (Nasdaq: INSU), realizing a gain of $6 million. Including investments in Corrpro by American Capital’s affiliated funds under management, total inception to date realized gains and dividends received were $9 million.... |
| | | 11/24/08 | American Capital Provides Details of $73 Million Net Realized Portfolio Gains from Third Quarter 2008 Exits | Bethesda, MD – November 24, 2008 – American Capital Ltd. (or the "Company") (Nasdaq: ACAS) announced today information regarding its $73 million of total net realized portfolio gains from third quarter 2008 exits, exclusive of realized gains or losses from interest rate derivatives, taxes on realized gains and foreign currency transactions. During the third quarter of 2008, American Capital received $0.5 billion of proceeds from the exits of portfolio investments.
The following is a summary o... |
| | | 08/26/08 | American Capital Provides Details of $63 Million Net Realized Portfolio Gains from Second Quarter 2008 Exits | Bethesda, MD – August 26, 2008 – American Capital Ltd. (or the "Company") (Nasdaq: ACAS) announced today information regarding its $63 million of total net realized portfolio gains from second quarter 2008 exits, exclusive of realized gains or losses from interest rate derivatives, taxes on realized gains and foreign currency transactions. During the second quarter of 2008, American Capital received $0.5 billion of proceeds from the exits of portfolio investments.
The following is a summary of... |
| | | 08/25/08 | American Capital Realizes a Gain of $19 Million from Sale of PaR Systems | Bethesda, MD – August 25, 2008 – American Capital Ltd. (Nasdaq: ACAS) announced today that in the third quarter of 2008 it realized a gain of $19 million from the sale of its portfolio company PaR Systems Inc. to MML Capital Partners ("MML"). American Capital's inception to date total realized gain on its investment in PaR Systems was $37 million, representing a 42% compounded annual rate of return, including interest, dividends and fees earned over the life of its investment. Including invest... |
| | | 05/22/08 | American Capital Provides Details of $28 Million Net Realized Gains from Portfolio Companies in First Quarter 2008 | Bethesda, MD – May 22, 2008 – American Capital, Ltd. (Nasdaq: ACAS) announced today information regarding its $28 million of total net realized gains from the disposition of portfolio investments in the first quarter of 2008. The portfolio net realized gains exclude realized gains or losses from interest rate derivatives, taxes on realized gains and foreign currency transactions. During the first quarter of 2008, American Capital received $0.9 billion of proceeds from the disposition of portfo... |
| | | 02/14/08 | American Capital Provides Details of $41 Million Net Realized Gains from Portfolio Companies in Fourth Quarter 2007 | Bethesda, MD – February 14, 2008 – American Capital Strategies Ltd. (Nasdaq: ACAS) announced today information regarding $41 million of total net realized gains from the disposition of portfolio investments in the fourth quarter of 2007. The portfolio net realized gains exclude realized gains or losses from interest rate derivatives, taxes on realized gains and foreign currency transactions. During the fourth quarter of 2007, American Capital received $1.5 billion of proceeds from the disposit... |
| | | 12/12/07 | American Capital Provides Details of $70 Million of Total Net Portfolio Realized Gains in Third Quarter 2007 | Bethesda, MD – December 12, 2007 – American Capital Strategies Ltd. (Nasdaq: ACAS) announced today the details of its $70 million of total net realized gains from the disposition of portfolio investments in the third quarter of 2007. During the third quarter of 2007, American Capital received $1.5 billion of proceeds from the realization of portfolio investments.
The following is a summary of the third quarter 2007 proceeds, net realized gains, and cumulative compounded annual rate of re... |
| | | 10/11/07 | American Capital Recognizes $43 Million Q3 Gain From Sale of Portfolio Company SAV Holdings ; Provides $48 Million Financing to Purchaser | Bethesda, MD – October 11, 2007 – American Capital Strategies Ltd. (Nasdaq: ACAS) announced today that it realized a gain of $43 million from the sale of its portfolio company SAV Holdings Inc., the parent of Swank Audio Visuals Inc. (“Swank” or the “Company”) to Code Hennessy & Simmons LLC in the third quarter of 2007. Swank is a leading provider of audio visual services for corporate meetings and events. American Capital invested $48.5 million to support Code Hennessy & Simmons’ acquisition ... |
| | | 09/25/07 | American Capital Provides Details of $77 Million of Total Net Portfolio Realized Gains in Second Quarter 2007 | Bethesda, MD – September 25, 2007 – American Capital Strategies Ltd. (Nasdaq: ACAS) announced today the details of its $77 million of total net realized gains from the disposition of portfolio investments in the second quarter of 2007. During the second quarter of 2007, American Capital received $984 million of proceeds from the realization of portfolio investments.
American Capital has realized $288 million in net gains over the past five years, $202 million over the past year and $8... |
| | | 07/09/07 | American Capital Recognizes $51 Million Gain from Evans Analytical Group Initial Public Offering | Bethesda, MD – July 9, 2007 – American Capital Strategies Ltd. (Nasdaq: ACAS) announced today the exit of its investment in its portfolio company EAG Acquisition LLC and its operating subsidiary Evans Analytical Group LLC through an initial public offering of ordinary shares by a newly formed holding company, EAG Limited (LSE: EAG) (together “EAG”). EAG is the world’s largest independent provider of microanalytical surface analysis and materials characterization services. American Capi... |
| | | 06/20/07 | American Capital Provides Details of $10 million of Total Net Portfolio Realized Gains in First Quarter 2007 | Bethesda, MD – June 20, 2007 – American Capital Strategies Ltd. (Nasdaq: ACAS) announced today the details of its $10 million of total net realized gains from the disposition of portfolio investments in the first quarter of 2007. During the first quarter of 2007, American Capital received $570 million of proceeds from the realization of portfolio investments.
Consolidated Utility Services Inc.
In the first quarter of 2007, American Capital realized a gain of $7 million from the sale of its po... |
| | | 03/12/07 | American Capital Provides Details of $68 Million of Total Net Portfolio Realized Gains in Fourth Quarter 2006 | Bethesda, MD – March 12, 2007 - American Capital Strategies Ltd. (Nasdaq: ACAS) announced today the details of $68 million of total net realized gains from the disposition of portfolio investments in the fourth quarter of 2006. During the fourth quarter of 2006, American Capital received $1.5 billion of proceeds from exits and repayments from portfolio investments. Through December 31, 2006, American Capital received total proceeds of $4.7 billion from exits and repayments from portfolio inves... |
| | | 12/07/06 | American Capital Provides Details of $46 Million of Total Net Realized Gains in Third Quarter | Bethesda, MD –-December 7, 2006 - American Capital Strategies Ltd.(Nasdaq:ACAS) announced today the details of $46 million of total net realized gains it recognized from portfolio investments in the third quarter of 2006. Included in this amount were net realized gains of $106 million from the complete or substantial exit of 13 portfolio companies for total proceeds of $494 million. Year-to-date through September 30, 2006, American Capital has received total proceeds of $1.4 billion from exits... |
| | | 08/01/06 | American Capital Recognizes $47 Million Gain from Sale of KAC Holdings | Bethesda, MD – August 1, 2006 – American Capital Strategies Ltd. Nasdaq: ACAS announced today the sale of its portfolio company KAC Holdings Inc., parent to Kester Inc., to Illinois Tool Works Inc. (NYSE: ITW) in the third quarter 2006. American Capital realized a gain of $47 million from the sale of KAC Holdings and recognized total proceeds of $89 million upon the exit, earning a 53% compounded annual rate of return on its investment, including interest, dividends and fees earned over the lif... |
| | | 07/26/06 | American Capital Recognizes $15 Million of Total Net Realized Gain from Four Exits | Bethesda, MD – July 26, 2006 – American Capital Strategies Ltd. American Capital announced today that it has received total proceeds of $77 million from exits and prepayments of four portfolio companies, realizing a total net gain of $15 million.
ASC Industries Inc. In the second quarter of 2006, American Capital realized a gain of $25 million from the sale of its portfolio company ASC Industries Inc. to United Components Inc. ASC is a manufacturer of aftermarket water pumps for automotive and... |
| | | 04/11/06 | American Capital Recognizes $39 Million of Total Net Realized Gain from 9 Exits | Bethesda, MD - April 11, 2006 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has received total proceeds of $268 million from exits and prepayments of nine portfolio companies, realizing a total net gain of $39 million. American Capital earned a positive 48%, 31%, 32%, 25%, 22%, 15%, 18%, 17% and a negative 49% compounded annual rate of return on its exited investments in these companies, including interest, dividends and fees earned over the life of American Capital's ... |
| | | 12/07/05 | American Capital Recognizes $56 Million of Total Net Realized Gain from Five Exits | Bethesda, MD - December 7, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has received total proceeds of $221 million from exits and prepayments of five portfolio companies, realizing a total net gain of $56 million. American Capital earned an 18%, 14%, 29% and 71% compounded annual rate of return on its investments in these companies, including the realized gains, interest, dividends and fees earned over the life of American Capital's investment in the companies.
... |
| | | 10/24/05 | American Capital Receives Total Proceeds of $212 Million from Eight Exits | Bethesda, MD - October 24, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has received total proceeds of $212 million from exits and prepayments of eight portfolio companies, realizing a total net loss of $1 million during the third quarter of 2005. HMS Healthcare Inc.American Capital has realized a gain of $6 million in the third quarter of 2005 from the sale of its portfolio company HMS Healthcare Inc., a preferred provider organization, to Aetna Inc. Americ... |
| | | 07/20/05 | American Capital Receives Total Proceeds of $100 Million from Three Exits | Bethesda, MD - July 20, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has received total proceeds of $100 million from exits of three portfolio companies, realizing a total gain of $24 million.
CIVCO Holding Inc.
American Capital has realized a gain of $12 million in the second quarter of 2005 from the sale of its portfolio company CIVCO Holding Inc., receiving total proceeds of $43 million. Previously in the fourth quarter of 2004, CIVCO redeemed American Capi... |
| | | 05/03/05 | American Capital Realizes $30 Million in Gains from Four Exits |
Bethesda, MD - May 3, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has received total proceeds of $68 million from exits of four portfolio companies, realizing a total gain of $30 million.
Roadrunner Freight Systems Inc.
American Capital has realized a gain of $26 million in the second quarter of 2005 from the sale of its portfolio company Roadrunner Freight Systems Inc. to Thayer Capital. American Capital received total proceeds of $47 million upon the exit... |
| | | 02/25/05 | American Capital Receives Proceeds of $60 Million from Two Exits | Bethesda, MD - February 25, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has received proceeds of $60 million from the full exit of two portfolio companies, realizing a gain of $4 million.
Cycle Gear Inc.
American Capital realized a $4 million gain through a re-capitalization of its portfolio company Cycle Gear Inc. by Harvest Partners. American Capital received total proceeds of $21 million upon the exit, earning a 20% compounded annual rate of return on its invest... |
| | | 01/05/05 | American Capital Realizes $18 Million Gain and 25% Irr Exiting Transcore | Bethesda, MD - January 5, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that in December of 2004 it received proceeds of $26 million from the exit of its preferred and common equity investment in TransCore Holdings Inc., realizing a gain of $18 million. TransCore was acquired by Roper Industries Inc. in a transaction valued at approximately $600 million.
In January 2004, American Capital was repaid its $27 million subordinated debt investment in TransCore, realizing a $2... |
| | | 12/17/04 | American Capital Receives Proceeds of $43 Million from Two Exits | Bethesda, MD - December 17, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS)announced today it has received net proceeds of $43 million from the full or partial exits of two portfolio companies, realizing a gain of $11 million.
Texstars Inc.
American Capital has realized a gain of $11 million from the sale of its portfolio company Texstars Inc. to Hampson Industries PLC. American Capital received total proceeds of $34 million upon the exit, earning a 27% compounded annual rate of return o... |
| | | 10/29/04 | American Capital Receives Proceeds of $59 Million from Five Exits | Bethesda, MD - October 29, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has received proceeds of $59 million from the partial or full exits of five portfolio companies, resulting in a net realized loss on these investments of $0.3 million during the third quarter of 2004 and earning 18%, 20%, 39%, 42% and 46% compounded annual returns on these investments, including all fees, interest and principal received over the life of American Capital's investments in these comp... |
| | | 09/10/04 | American Capital Receives Proceeds of $31 Million from Three Exits | Bethesda, MD - September 10, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has received prepayments of debt investments of $25 million by two portfolio companies, realizing $1.2 million in gains. American Capital also announced that it has completely exited another portfolio company, receiving $6 million in repayments and realizing a $7.3 million loss on its investment, which had previously been depreciated and on non-accrual status.
Since its August 1997 IPO through... |
| | | 07/28/04 | American Capital Receives $60 Million in the Sale and Prepayments of Three Investments | Bethesda, MD - July 28, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has received prepayments of debt investments on the balance of $60 million of originally invested capital by two portfolio companies, realizing $1.4 million in gains. American Capital also announced that it has also sold its subordinated debt investment in another portfolio company, realizing a $6.8 million loss.
For a chart listing American Capital's exited portfolio companies click here.
Through... |
| | | 05/26/04 | American Capital Realizes $4 Million Gain | Bethesda, MD - May 26, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has been repaid its $40 million senior and subordinated debt investments in ACE Cash Express Inc. (Nasdaq: AACE), realizing a 24% compounded annual rate of return. ACE, one of the nation's largest owners, operators and franchisors of retail financial services stores, has used proceeds from its recent successful follow-on public stock offering to repay the American Capital notes. The 24% return ... |
| | | 05/24/04 | American Capital Realizes 33% Return on Investment in Bumble Bee | Bethesda, MD - May 24, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it and a wholly-owned affiliate of American Capital have been repaid its $15 million senior subordinated debt investment in Bumble Bee Seafoods L.P. and received a distribution related to its limited partnership investment in Bumble Bee. American Capital and its affiliate realized a gain of $1.2 million on the repayment of the debt and on the distribution related to its equity investment. America... |
| | | 05/14/04 | American Capital Realizes 38% Annual Return and $9.5 Million Gain on Investment in Par Systems | Bethesda, MD - May 14, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has partially exited its investment in ACAS Acquisitions (PaR Systems), Inc. and its wholly-owned subsidiary, PaR Systems Inc., earning a 38% compounded annual return and realizing a $9.5 million gain. The 38% return includes the realized gain and the interest and fees received over the life of American Capital's investment in the company. The partial exit has resulted from the purchase of a 81... |
| | | 05/03/04 | American Capital Realizes $4 Million Gain | Bethesda, MD - May 3, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS)announced today that it has realized a $4 million gain on the repayment of its $18.75 million senior subordinated debt investment in Atlantech International Inc. American Capital retains its preferred equity, common equity and warrant investments totaling approximately 7% diluted ownership in Atlantech. Based on the most recent quarterly valuation of its equity investments in Atlantech, American Capital has earned a tota... |
| | | 04/15/04 | American Capital Realizes Losses on Previously Depreciated Assets | Bethesda, MD - April 15, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS)announced today that it has completely exited investments in three portfolio companies, realizing $60 million in losses on debt and equity assets that had been substantially depreciated in previous periods. The unrealized depreciation will be reversed and the realized losses will be recorded in the first quarter of 2004, netting to $8 million of loss not previously recognized. These exits will remove $37 million of l... |
| | | 02/23/04 | American Capital Realizes 27% Return on Investment in Plastech | Bethesda, MD - February 23, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today Plastech Engineered Products Inc. has prepaid American Capital's remaining subordinated debt investment, together with accrued interest and fees. Plastech prepaid $20 million of the original $30 million subordinated debt investment in the first quarter of 2003, resulting in a $1.6 million realized gain. In the first quarter of 2004, Plastech has prepaid the remaining $10 million subordinated debt ... |
| | | 02/05/04 | American Capital Realizes 24% Return on Investment in Matcom | Bethesda, MD - February 5, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has completely exited its investment in MATCOM International Corporation. The exit results from the sale of MATCOM to SI International Inc. (Nasdaq: SINT), an information technology, network solutions, and systems engineering (IT) company. American Capital received a total of $15 million from the transaction to repay its senior debt and subordinated debt and purchase its common stock warran... |
| | | 01/22/04 | American Capital Realizes $6 Million Gain on Investment in California Pellet Mill | Bethesda, MD - January 22, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that its has realized a $6 million gain by completely exiting its investment in California Pellet Mill, the world's leading supplier of process machinery for the animal feed and oilseed processing industries. The exit resulted from the sale of the company on December 31, 2003. American Capital received total proceeds of $30 million upon the exit, earning a 52% compounded annual rate of return on it... |
| | | 01/20/04 | American Capital Is Repaid by Transcore
Earns $1.7 MM Gain| Bethesda, MD - January 20, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has been repaid its $27 million subordinated debt investment in TransCore Holdings Inc., earning a $1.7 million realized gain and a 21% compounded annual return. TransCore's subordinated debt has been recapitalized by existing senior lenders. The repayment occurred in January and American Capital retains its warrant and preferred equity investments representing an approximately 8% ownership inte... |
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