PORTFOLIO SPOTLIGHT
Company: Renaissance Learning, Inc.
Transaction: Mezzanine in Private Equity Buyout
PORTFOLIO SPOTLIGHT
Company: Flexera Software, Inc
Industry: Premier provider of application usage management and installation software
Transaction: Mezzanine in Private Equity Buyout
PORTFOLIO SPOTLIGHT
Company: Survey Sampling International
Transaction: Mezzanine in Private Equity Buyout
PORTFOLIO SPOTLIGHT
Company: The Tensar Corporation
Industry: Manufacturer of polymeric earthwork geogrid reinforcement products and systems
OUR BUSINESS
Trusted Partner
The Sponsor Finance Group has made debt and minority equity investments worth over $6 billion in support of 148 private equity sponsors. Here is what some of those sponsors are saying about American Capital.
$67,000,000 |
DIAMOND CASTLE HOLDINGS
"American Capital’s ability to provide senior and mezzanine capital proved invaluable to us in these challenging markets. We look forward to enhancing our relationship with American Capital's dedicated team." Ari Benacerraf, Senior Managing Director |
$68,000,000 |
CASTLE HARLAN
"We are excited to be partnering with American Capital for the first time. American Capital brings a unique and intimate knowledge of BPWest and Anchor since it has been the majority owner for the past three years. We look forward to cultivating a strong relationship with the dedicated team at American Capital." William Pruellage, Managing Director |
$75,000,000 |
OLYMPUS PARTNERS
"American Capital, with its follow-through, commitment, financing flexibility and expertise in assessing add-on prospects, has proved to be an ideal investment partner in growing Tanenbaum-Harber. We are delighted with our choice of American Capital and look forward to continuing to collaborate in creating one of the leading brokerage companies nationwide." Paul Rubin, Partner |
$410,000,000 |
ODYSSEY INVESTMENT PARTNERS
"We are pleased to work with the knowledgeable and committed team at American Capital for the first time. As majority owner for the past two years, American Capital brings significant insight to the business and we welcome its continuing investment in the company as we work together to further build its value." Brian Kwait, Managing Director |
$48,500,000 |
CODE HENNESSY & SIMMONS
"We are pleased to be investing in Swank and partnering with American Capital for the first time. Based on American Capital’s reputation and our experience with the firm over the past several months, we are confident that we will work with American Capital on other opportunities in the future." Richard Lobo, Partner |
June 2007 |
THOMA CRESSEY BRAVO
“American Capital’s deep knowledge and understanding of Vision Solutions’ business and their commitment to growing the Company made them the ideal partner for this add-on transaction. We look forward to a continued relationship with American Capital as we build Vision Solutions’ platform in the software market.” Seth Boro, Vice President |
$480,000,000 |
GOLDEN GATE CAPITAL
“We selected American Capital as our financing partner once again due to their attractive and flexible financing structure, ability to hold junior debt tranches and high level of professionalism. American Capital has played a critical role in facilitating our growth strategy within the multi-channel marketing industry and we are pleased with their continued commitment and our growing partnership.” Joshua Olshansky, Principal American Capital has invested with Golden Gate Capital in prior transactions: Aspect Software Inc., Haband Inc., Inovis International Inc. and Venus Swimwear Inc. |
$31,000,000 |
RIVERSIDE PARTNERS
“We are delighted to partner with American Capital once again. They were able to provide an integral piece to the financing puzzle. We look forward to a continuing a long running relationship with American Capital and its dedicated team of professionals.” David Belluck, General Partner American Capital also invested with Riverside Partners in the BarrierSafe Solutions International transaction. |
$255,000,000 |
H.I.G. CAPITAL
“We are delighted to again be working with American Capital. American Capital’s flexible capital, its ability to provide a one stop debt financing solution and the broad expertise of its professionals will help TestAmerica-STL maintain its leading position in this steadily growing industry.” Anthony DiSimone, Managing Director American Capital invested with H.I.G. Capital in the Spring Air transaction. |
$50,000,000 |
KRG CAPITAL PARTNERS
"We have developed a great working relationship with American Capital over the past seven years and consider them to truly be a value-added lender. American Capital's Energy Group, with its growing portfolio and industry knowledge, brought especially valuable insights to facilitate this transaction." Chuck Hamilton, Managing Director American Capital has invested with KRG in prior transactions: Case Logic Inc., Chronic Care Solutions, CIVCO Medical Instruments, FMI International, Inc., Interior Specialists, Inc., The Tensar Corporation, Trinity Hospice LLC and TransCore Holdings Inc. |
October 2006 |
AUSTIN VENTURES
"It is a pleasure to be working with our new partner American Capital. They demonstrated the ability to quickly gain an extensive understanding of the Company's business, provide flexible, cost effective capital, and conduct thorough diligence in a compressed timeframe. The relationship with American Capital will allow us to leverage our capital base and support CreditCards.cokm and its excellent management team." Phil Siegel, Partner |
 
$50,000,000 |
GTCR GOLDER RAUNER
"We are delighted with American Capital's continued commitment to National Processing Company and look forward to its ongoing support for this company as well as others. The combined businesses of National Processing Company will continue to excel in the attractive electronic transaction processing industry as both credit card and debit card payments increase." Chris Ragona, Vice President American Capital also invested with GTCR in prior transactions: H-Cube LLC, AmSan LLC, TransFirst Holdings Inc. and NewQuest Health Solutions. |
$54,000,000 |
GTCR
"We have been partnering with American Capital since 2004 and continue to turn to them for debt financing for new investments as well as for our existing portfolio companies. To date, they have always been supportive of our strategy at TransFirst." Barry Dunn, Principal American Capital also invested with GTCR in prior transactions: H-Cube LLC, AmSan LLC, National Processing Company and NewQuest Health Solutions. |
August 2006 |
ADVENT INTERNATIONAL
"As the baby boomer generation ages, we believe that the BondDesk ATS will be an important part of meeting the growing demand for fixed income securities. American Capital shares our vision for BondDesk and was able to support our acquisition with the necessary financing. We look forward to working with American Capital to expand BondDesk so that it continues to provide market-leading systems and solutions to retail financial advisors and fixed income traders alike." Chris Pike, Partner |
$52,000,000 |
WIND POINT PARTNERS
"We are very fortunate that American Capital has once again participated in the support of one of our portfolio companies. American Capital's financing capabilities have proven invaluable in facilitating the recapitalization of this most deserving company. We look forward to a continuing and growing relationship with American Capital as we seek to derive value from middle market companies led by CEOs with successful track records in their industries." Sarah Kneisel, Principal American Capital also invested with Wind Point Partners in the Bushnell Performance Optics transaction. |
$20,000,000 |
GOLDEN GATE CAPITAL
"We are extremely pleased to be working again with American Capital. American Capital again brings invaluable expertise in providing junior financing for recapitalizations and unparalleled professionalism to this deal." Rajeev Amara, Principal American Capital also invested with Golden Gate Capital in the Inovis International Inc. and Appleseed's Inc. transactions. |
$24,500,000 |
BAIRD CAPITAL PARTNERS
"American Capital's comprehensive due diligence and dedicated professionals have made them a valued partner since our original investment in Hygenic over two years ago. This is our third time working with American Capital and we look forward to a continued relationship as together we support Hygenic's expansion to meet the demands of the dynamic healthcare market." C. Andrew Brickman, Partner |
$151,000,000 |
TRIVEST PARTNERS
"Given our previous work with American Capital, we were confident that they would be capable and willing to partner with us again to support Schoor DePalma's acquisition of CMX and the combined entity's recapitalization. American Capital's ability to provide a full capital structure solution helped us accomplish this transaction in a tight time frame, and will prove helpful for the Company as it builds on both Schoor DePalma's and CMX's strong leaderships in their respective markets." Troy Templeton, Partner and COO American Capital also invested with Trivest in the Directed Electronics transaction |
$44,000,000 |
SENTINEL CAPITAL PARTNERS
"This is our third time working with American Capital and they continue to be a value- added financing partner for us. Their one-stop debt financing, in-depth knowledge of Nivel's business and industry, responsiveness and flexibility were precisely what we needed for the acquisition of IMC. American Capital played an instrumental role in helping create a true one-stop shop for the maintenance, conversion and improvement of aftermarket golf cars." Jim Coady, Partner American Capital also invested with Sentinel in the Alemite transaction. |
$104,000,000 |
ARCAPITA
"American Capital's familiarity with Tensar and their flexible financing solution made them a compelling partner for this transaction. They, along with our other investment partners, truly bring an added value to our investment. We're pleased to work with all our investment parties as Tensar continues with its growth strategy, expanding into business sectors that complement its stabilization and reinforcement applications and further increase its value proposition." Stockton Croft, Director |
$117,000,000 |
WIND POINT PARTNERS
"We are pleased to be working again with American Capital. They quickly understood our investment thesis and provided the certainty and speed of closing, which was critical to executing this transaction successfully. This transaction enables us to continue to augment Bushnell's position in the sporting goods and outdoor equipment markets and to take advantage of several tangible growth opportunities." Rich Kracum, Managing Director, American Capital also invested with Wind Point Partners in the Breeze Industrial Products Corporation transaction. |
undisclosed |
CARLYLE VENTURE PARTNERS
"American Capital proved to be an excellent choice for our investment in Compusearch. They quickly stepped up with attractive terms for their one-stop senior financing package and worked hard to keep on track with our tight closing schedule. This was our first time working with American Capital and we look forward to building on our relationship in future opportunities." Brian Hayhurst, Managing Director, |
$66,000,000 |
CRIMSON INVESTMENT
"American Capital worked efficiently and rapidly to bring this acquisition to a close. Their experience in a broad range of industries and expertise in mezzanine financing enabled them to effectively resolve issues that arose throughout the transaction process." Steven Dollinger, Managing Director, Crimson Investment |
$8,500,000 |
RED DIAMOND CAPITAL PARTNERS
"American Capital proved to be a reliable financial partner in aiding our efforts to provide capital in support of the company's continued growth ambitions. We and the management of Milton's welcome them as a partner in our collective quest to build a premier nationally branded food company." Peter Pfister, Managing Director, |
$14,000,000 |
RICHARD L. SCOTT INVESTMENTS
"American Capital's financial support, team of hard working, dedicated professionals and automotive OEM industry expertise helped us bring this transaction to a timely close. CSP is positioned to build on its market leadership in its niche and capitalize on new growth opportunities in the automotive industry as well as with other industrial applications undergoing a conversion to plastics." Richard Scott, Principal, |
$16,000,000 |
FRONTENAC COMPANY
"We are delighted to be working with American Capital. They lived up to their reputation for both speed and efficiency by performing demanding due diligence without compromising the ability to get to a close." Pat Blandford, Managing Director, |
$20,000,000 |
BRUCKMAN, ROSSER, SHERRIL & Co
"This was our first time working with American Capital and we were impressed with their dedication and hard work in understanding our investment strategy in this complicated industry. American Capital's financial capabilities, teamwork approach and experience in both debt and equity financing made them the perfect investment partner. We look forward to working with them as Seroyal grows in the Canadian and U.S. markets." Stephen Sherrill, Managing Director, |
$33,000,000 |
THAYER CAPITAL PARTNERS
"American Capital's creativity and flexibility were critical elements to successfully completing this investment. In addition, American Capital's prior experience in the automotive and heavy duty truck aftermarket made them the logical partner for our acquisition of Qualitor." Dan Dickinson, Managing Partner, |
$65,000,000 |
RIVERSIDE PARTNERS
"American Capital demonstrated a unique ability to be patient and flexible throughout this process in providing the necessary financing that was crucial to the completion of this merger. With their support, the combined company is in a strong position to grow and meet the demands of its various end markets through increased research and development, geographic and market expansion, cross-selling opportunities, and add-on acquisitions." David Belluck, General Partner, |
$15,000,000 |
BEHRMAN CAPITAL
"We are pleased to be investing alongside American Capital, an experienced financial partner with a wealth of investment knowledge that was able to provide the necessary capital to complete this transaction. With the strong support of our investment partners, Pelican is in an even better position to expand its business and continue its strong track record of success." Grant G. Behrman, Managing Partner, American Capital also invested with Behrman Capital in the Selig Sealing Products, Inc. transaction. |
$25,000,000 |
WESTAR CAPITAL
"American Capital was precisely the investment partner we sought to complete this investment. Not only did they have a strong understanding of Soff-Cut's business model, competitive position and long-term strategy, but they also understood and respected our investment thesis and strategy. With a strong market position, patented products, a proven management team and now additional financial support, Soff-Cut is well-positioned to grow and expand its already leading business through new product introductions, continuous product improvements, entering new markets and expanding distribution." Mike Glouchevitch, General Partner |
$25,500,000 |
HARVEST PARTNERS
"American Capital proved to be the perfect partner in this investment, conducting in-depth due diligence and committing the capital we needed to execute a quick closing With American Capital as our investment partner, we will build on Evenflo's strong history of innovation and leadership in the juvenile products industry and assist in its continued success as it develops new products in the years ahead." Chris Fuller, Principal |
$43,000,000 |
KRG CAPITAL PARTNERS
"We are pleased that American Capital continues to support our growth platform companies. We invest with American Capital because they deliver on their commitments, driving deals to close by anticipating and creatively solving any issues that arise during the transaction execution process." Mark King, Managing Director American Capital has invested with KRG in eight prior transactions: Atlantech International Inc., Case Logic Inc., Chronic Care Solutions, CIVCO Medical Instruments, FMI International, Inc., Interior Specialists, Inc., Trinity Hospice LLC and TransCore Holdings Inc. |
$35,000,000 |
FRIEND SKOLER EQUITY INVESTORS LP
"This is our first time working with American Capital and we were impressed with their flexibility, which enabled them to adapt to our financing needs throughout the investment process. With the support of its investment partners, Hopkins is well positioned to grow its business through new product introductions and additional channel penetration, as well as strategic acquisitions." Alexander Friend, Managing Partner |
$15,000,000 |
AUDAX PRIVATE EQUITY
"With the strong support of our investment partners, we look forward to working with Dynisco's management team to grow the company at home and abroad as the plastics industry recovers from its recent downturn. It is our intention to aggressively pursue acquisitions using Dynisco's best-in-class manufacturing and distribution as a platform. American Capital's ability to invest in the growth of their portfolio companies was a big plus for us." Keith Palumbo, Managing Director |
$26,000,000 |
GTCR
"We're pleased to be partnering again with American Capital. We are familiar with their hard work and investment capabilities and were confident in their ability to provide the necessary financing to bring this transaction to a quick close." Collin Roche, Senior Principal American Capital also invested with GTCR in the TransFirst transaction. |
$17,000,000 |
GRAHAM PARTNERS
"Having worked with American Capital on our 2003 Nailite acquisition, we were familiar with their investment capabilities and were confident in their ability to provide a complete one-stop debt package. With the support of American Capital and Supreme Corq's management team, the company has the proper resources to grow to its fullest potential." Joe May, Managing Principal American Capital also invested with Graham Partners in the Nailite transaction. |
$60,000,000 |
ICV CAPITAL
"Since our acquisition of Hilsinger in May 2003, the company has exceeded our performance expectations. This transaction with American Capital allows us to establish a significantly enhanced capital structure for the company and provides our management team the financial flexibility to pursue future growth." Tarrus L. Richardson, Managing Director |
$60,000,000 |
PALLADIUM EQUITY PARTNERS
"The new facilities we are announcing today will provide the Hilsinger management team with expanded resources to pursue both organic and acquisitive growth. In addition, we are pleased to be returning capital to our limited partners through this transaction, a testament to the strength of Hilsinger's performance. American Capital's diligence, speed, flexibility and creativity made a significant contribution to this transaction, and we look forward to working with American Capital as Hilsinger builds a future of growth." Marcos A. Rodriguez, founder and Managing Member, |
$16,000,000 |
WINGATE PARTNERS
"American Capital's complete understanding of our investment strategy and ability to provide the necessary subordinated debt and equity financing to bring this transaction to a close made them the ideal investment partner." Johnson, Principal |
$27,000,000 |
H. I. G. CAPITAL
"American Capital is a flexible, creative organization. Their knowledge of the market, attention to detail and rapid decision making were critical to the transaction." Brian Schwartz, Managing Director |
$13,000,000 |
LINCOLNSHIRE MANAGEMENT
"In our experience, American Capital has proved itself a steady, flexible and reliable partner. Their hard work and institutional capabilities mean that we know we can get the transaction done on time and on appropriate terms." Allan Weinstein, Managing Director American Capital also invested with Lincolnshire Management in the 3SI Security Systems transaction. |
$38,000,000 |
BEAR STEARNS MERCHANT BANKING
"This is the first time we are partnering with American Capital and we're impressed with their staff of investment professionals, ability to quickly conduct intensive due diligence and provide the necessary financing package to complete this transaction. We look forward to working with our investment partners and CamelBak management to continue to grow the company by broadening its existing product offering, introducing new products and entering new product segments and geographic markets at home and abroad." Bo Arlander, Senior Managing Director |
$15,000,000 |
CHARTERHOUSE GROUP
"American Capital understands long-term value creation. They worked quickly to understand our investment thesis and strategy, enabling us to move forward without delay." Jay Gates, Partner |
$50,000,000 |
WESTON PRESIDIO
"American Capital proved to be a flexible, creative firm, sensitive to the unique needs and interests of all parties. They were everything we needed in a partner." Mark Bono, General Partner |
$10,800,000 |
MORGENTHALER
"American Capital's ability to perform due diligence and get to closing on a tight schedule was critical to this transaction. Their team approach and responsiveness to Morgenthaler's requirements as an equity sponsor were precisely what we needed." Fred Festa, General Partner |
$9,000,000 |
BOOTH CREEK MANAGEMENT "With American Capital's support, we are continuing to advance BC Natural Foods' ability to meet the needs of our growing customer base. BC Natural Foods, with its two latest additions, is prepared to offer end consumers and the trade healthy products to meet their dietary needs." Jim Skidmoore, Managing Director |
$23,000,000 |
CHURCHILL EQUITY AND ESOP CAPITAL PARTNERS
"American Capital provided the necessary cost effective capital to complete this transaction. Together with CBSA management's extensive industry expertise and American Capital as our investment partner, we can provide CBSA with the support to enable it to successfully expand through new product innovations and enhanced services." F. Clayton Miller, Managing Partner |
$23,000,000 |
FENWAY PARTNERS
"We are delighted to partner with American Capital, establishing a new relationship with a respected financial partner in the middle market. Together with American Capital and Riddell management, we look forward to achieving future growth through increased market penetration, developing new sports categories and selected acquisitions." Peter Lamm, Chairman and Chief Executive Officer |
$10,00,000 |
ROARK CAPITAL
"American Capital, with its flexibility and hard work, proved to be a perfect investment partner. Our investment in Money Mailer is an exciting opportunity to support a strong company with excellent growth prospects operating in one of the fastest growing segments of the direct mail industry." Neal Aronson, Founder |
$15,000,000 |
CENTRE PARTNERS
"We are pleased to be working for the first time with American Capital as we invest to support the continued growth and expansion of an industry leader. With American Capital, our other financing partners, and Bumble Bee's seasoned management and dedicated employees, we look forward to supporting management's strategy for the continued global growth of Bumble Bee." Scott Perekslis, Managing Director |
$50,000,000 |
GREAT HILL PARTNERS
"We are pleased to be partnering with American Capital for the first time. We look forward to working with American Capital and Vigo's management team to strengthen Vigo's presence in the rapidly growing money transfer industry. Great Hill partnered with an industry savvy management team to implement a seamless ownership transition." John Hayes, Managing Director |
$33,500,000 |
LIBERTY PARTNERS
"We were very pleased to have worked with American Capital on this compelling investment opportunity. Technical Concepts' industry leading products and strategic distribution channels are a firm foundation for rapid growth in both the new construction and renovation markets." Yvonne Marsh, Managing Partner |
$24,300,000 |
COMPASS GROUP INTERNATIONAL
"We are pleased to be partnering with American Capital to support the continued growth of California Pellet Mill as it expands its product line and attracts new clients both domestically and abroad". Joe Massoud, Managing Director |
$5,000,000 |
TMB INDUSTRIES
"American Capital and LaSalle Bank are excellent investment and financing partners as, under new ownership, PTI is poised to embrace strategic market opportunities and capitalize on its leading position and blue-chip customer base." Kenneth Tallering, Managing Director |
$12,500,000 |
CALTIUS CAPITAL
"American Capital provided the financing we needed to close the transaction. We are pleased to partner with American Capital as we support Northwest Coatings' strategic expansion and continued technological advancement." Caltius Capital |