This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

American Capital Invests In The Meadows To Support Add-on Acquisition Of Remuda Ranch

BETHESDA, Md., Jan. 4, 2013 /PRNewswire/ -- American Capital, Ltd. (Nasdaq: ACAS) ("American Capital") announced today that in December 2012 American Capital and an affiliate invested in the equity of portfolio company The Meadows to support the acquisition of Remuda Ranch, a provider of inpatient, residential and outpatient eating disorder treatment programs.  The Meadows is a premier multi-disorder inpatient facility specializing in the treatment of a broad range of addictions.  

"We are pleased to support The Meadows' growth and expansion with this equity investment in support of its acquisition of Remuda Ranch," said Bowen Diehl, American Capital Managing Director.  "American Capital's additional investment in The Meadows demonstrates our long-term commitment to growing and adding value to our portfolio companies.  Since our investment in 2006, The Meadows has performed extremely well, attracting a large number of patients and providing successful treatments.  The acquisition of Remuda Ranch expands The Meadows' treatment services to address the growing needs of patients suffering from eating disorders, while providing The Meadows with facilities in which to expand its existing treatment programs."    

American Capital first invested in The Meadows in 2006.  The Meadows offers treatment for psychological conditions, compulsive and addictive behaviors and affective disorders.  Located on a 14 acre campus in Wickenburg, Arizona, The Meadows consists of an inpatient facility and two extended care facilities.  Founded in 1976, The Meadows has helped more than 20,000 patients in one of its three inpatient centers and 25,000 attendees in national workshops.  The Meadows' world-class team of Senior Fellows, Psychiatrists, Therapists and Counselors treat the symptoms of addiction and the underlying issues that cause lifelong patterns of self-destructive behavior.   

Founded in 1990 and also based in Wickenburg, Arizona, Remuda Ranch is focused exclusively on the treatment of eating disorders for adult, adolescent and child females and has treated more than 10,000 patients for anorexia nervosa, bulimia nervosa, binge eating disorder and other eating and co-occurring behavioral disorders.  Remuda Ranch operates three levels of care, including: acute inpatient hospitalization, residential treatment and outpatient.  Remuda Ranch's facilities consist of five campuses on approximately 125 acres.  

"As a leading clinical program focused on the resolution and treatment of trauma and addiction, The Meadows is focused and dedicated to addressing and treating trauma, particularly childhood trauma, and the resulting behavioral patterns," said Marshall White, American Capital Vice President.  "The joining of The Meadows and Remuda Ranch teams brings together some of the best medical and clinical professionals in the industry to provide eating disorder patients with a complete range of treatment solutions for eating disorders experienced by people of all age groups."    

American Capital and its affiliated funds have invested approximately $31 billion in over 540 portfolio companies both directly and in support of leading financial partners in change of control transactions.  For more information about American Capital's portfolio, go to http://www.americancapital.com/Pages/our_portfolio/our_portfolio.aspx.     

ABOUT AMERICAN CAPITALAmerican Capital is a publicly traded private equity firm and global asset manager.  American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate and structured products.  American Capital manages $18.6 billion of assets, including assets on its balance sheet and fee earning assets under management by affiliated managers, with $118 billion of total assets under management (including levered assets).  From its eight offices in the U.S. and Europe, American Capital and its affiliate, European Capital, will consider investment opportunities from $10 million to $500 million.  For further information, please refer to www.AmericanCapital.com.    

This press release contains forward-looking statements. The statements regarding expected results of American Capital are subject to various factors and uncertainties, including the uncertainties associated with the timing of transaction closings, changes in interest rates, availability of transactions, changes in regional, national or international economic conditions, or changes in the conditions of the industries in which American Capital has made investments.   

Contact:    Bowen Diehl, Managing Director Marshall White, Vice President   214-273-6630

SOURCE American Capital, Ltd.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs