DALLAS, May 8 --American Capital Strategies Ltd. (Nasdaq:ACAS - news), a publicly traded buyout and mezzanine fund, announced today that Jeffrey N. MacDowell has joined the company as a principal in its Dallas office. Mr. MacDowell had been Vice President-Finance and Corporate Development at Dynamex Inc. (Amex: DDN - news), a leading provider of same-day delivery and logistics services in the United States and Canada.
"Jeff is an excellent addition to our Texas deal team,'' said Adam Blumenthal, American Capital President and COO. "We look forward to working with him and to the significant experience and expertise he will bring to bear on our investments.''
American Capital's Dallas office, founded in 1998, has participated in nine middle market financing transactions totaling $167 million in manufacturing, wholesale/retail, services and information technology.
American Capital is a publicly traded buyout and mezzanine fund. American Capital is an equity partner in management and employee buyouts; invests in debt and equity of companies led by private equity firms, and provides capital directly to private and small public companies. American Capital funds growth, acquisitions and recapitalizations.
Companies interested in learning more about American Capital's flexible financing and ability to provide senior debt, subordinated debt and equity should contact Mark Opel, Principal, at (800) 248-9340, or visit our website.This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The statements regarding expected results of American Capital Strategies 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 or national economic conditions, or changes in the conditions of the industries in which American Capital has made investments.
