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American Capital exited its investment in Fulton Bellows & Components in the third quarter of 2004.

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American Capital Invests $24.5 Million in Fulton Bellows & Components, Inc.

Bethesda, MD – March 15, 2000 – American Capital Strategies, Ltd. announced today that it has funded a buyout by Fulton Bellows & Components, Inc. of Knoxville, TN, with a total investment of $24.5 million. Fulton Bellows is a new corporation that purchased several operating divisions and product lines of Robertshaw Controls Company, a subsidiary of Invensys, PLC, a publicly traded British concern. The new company will have the right to use the Robertshaw name, an established brand in the bellows industry, for three years.[more...]