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American Capital exited its investment in Nalite International, Inc. in the fourth quarter of 2006.

American Capital Invests $9.3 Million in Leading Siding Manufacturer
Bethesda, MD - April 16, 2003 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has invested $9.3 million in Nailite International Inc. (Nailite), a niche manufacturer of molded polypropylene siding (MPS) for the remodeling and new construction housing markets. American Capital's investment takes the form of senior subordinated debt with warrants and supports the acquisition of Nailite by Graham Partners. A syndicate led by National City Bank is providing the revolving credit facility and a senior term loan. Nailite management is also investing in the transaction. [more...]

Nailite Builds on Success in Siding Market
Nailite International, Inc., based in Miami, FL, is the premier manufacturer of molded polypropylene siding (MPS) for the home remodeling and construction markets. Founded in 1978, Nailite was first to develop an injection-molded siding product that replicates the appearance of natural cedar, brick and stone, giving homeowners the look of natural materials at a much lower cost. The company's varied product offerings, proprietary designs, colors and shadings, and highly successful new product launches have made Nailite the design and innovation leader in its market. Nailite, in fact, is typically used as a generic term for injection-molded siding. [more...]