OUR PORTFOLIO

American Capital exited its investment in Sunvest Industries, LLC in the first quarter of 2004.

American Capital Portfolio Company Sunvest Acquires Two Contract Manufacturers

Bethesda, MD – January 17, 2001 – American Capital Strategies, Ltd., a buyout and specialty finance company, today announced that Sunvest Industries LLC, a platform holding company it has established to acquire contract manufacturers, has completed the purchase of Dyna-Fab Inc. and Advanced Fabrication Technologies Inc. In December 2000, American Capital invested $12 million in Sunvest in the form of senior term debt, senior subordinated debt with warrants and equity. LaSalle Bank provided a revolving line of credit. Dyna-Fab, located in Rockland, Mass., primarily serves the semiconductor and specialty Original Equipment Manufacturer markets. AFT, of Hayward, Calif., primarily serves medical and pharmaceutical customers as well as semi-conductor and specialty consumer products OEM markets. They are Sunvest's first acquisitions.[more...]