This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

American Capital's Sponsor Finance Group Invests Over $325 Million In 18 Companies In 2013

Stocks in this article: ACAS





BETHESDA, Md., Feb. 12, 2014 /PRNewswire/ -- American Capital, Ltd. (Nasdaq: ACAS) ("American Capital" or the "Company") announced today that in 2013 it, along with its affiliate European Capital Limited ("European Capital"), invested over $325 million in 18 new and existing portfolio companies.  These investments were led by American Capital's offices in the United States and Europe and were made in support of leading private equity firms' company buyouts, refinancings, add-on acquisitions, dividend recapitalizations and growth opportunities.

"In 2013, our Sponsor Finance Group utilized our efficient transaction execution abilities, competitive pricing and terms and flexible, wide-ranging financing capabilities to invest in attractive middle market companies, both directly with private equity sponsors and by participating in syndicated first and second lien term loans," said Adam Spence, Managing Director, American Capital.  "We are proud to have been the lender of choice for these acquisitions, capital structure refinancings, dividend recapitalizations and corporate growth initiatives and look forward to using these relationships to help facilitate transactions in the future."

"Our Sponsor Finance Group, comprised of experienced investment professionals in the United States and Europe, is a dedicated, standalone group exclusively focused on providing capital, including senior, mezzanine, second lien, unitranche and equity, to the financial sponsor community," said Bowen Diehl, Managing Director, American Capital.  "As we review investment opportunities in the pipeline for 2014, we are prepared to aggressively put our capital to work in new companies and deepen existing relationships, as well as create new partnerships within the community."

"In 2013, 30 deals with enterprise values higher than €50 million were closed with unitranche financing in Europe, confirming that the private debt arranged by non-banking lenders has been growing strongly in Europe over the last twelve months just like it has in the US for over 20 years," said Tristan Parisot, Managing Director, European Capital Financial Services Limited.  "American Capital and European Capital's ability to support global businesses in their development both in North America and Europe is a unique value proposition highly recognized by the sponsors and management teams with which we work."

A summary of selected transactions is outlined below.  

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs