OUR PORTFOLIO

Visit the Contec, LLC website

American Capital Realizes $57 Million Gain from Sale of Contec, Provides Financing to Support Acquisition by Bain Capital with Contec Management

Bethesda, MD – August 20, 2008 – American Capital Ltd. (Nasdaq: ACAS) announced today that it realized a gain of $57 million from the sale of Contec Holdings, Ltd. in the third quarter of 2008. Including the investments in Contec of American Capital's affiliated funds under management, the gain totals $98 million over the life of the investment. Cumulative gains and dividend income realized by American Capital and its affiliates totaled over $120 million over the life of the investment. [more...]

American Capital and Contec Management Invest in Buyout of Contec

Bethesda, MD – June 26, 2006 – American Capital Strategies Ltd. (Nasdaq: ACAS) announced today it has invested in the buyout of Contec, LLC, the leading repairer of cable set-top-boxes in North America. American Capital’s investment takes the form of a senior term B loan, senior and junior subordinated debt and convertible preferred and common equity. American Capital is also providing a revolving credit facility. CIT Communications, Media and Entertainment, a unit of CIT Group Inc. (NYSE: CIT), and CIBC World Markets are also investing in the revolving credit facility and senior term B loan. Contec management is making a significant investment in equity alongside American Capital. [more...]