OUR PORTFOLIO

American Capital exited its investment in Baran Group Ltd. (o2 Wireless Solutions) in the third quarter of 2004.

American Capital Receives Proceeds of $59 Million from Five Exits, Earning 18% to 46% Annual Returns

Bethesda, MD – October 29, 2004 – American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has received proceeds of $59 million from the partial or full exits of five portfolio companies, resulting in a net realized loss on these investments of $0.3 million during the third quarter of 2004 and earning 18%, 20%, 39%, 42% and 46% compounded annual returns on these investments, including all fees, interest and principal received over the life of American Capital's investments in these companies. [more...]

American Capital Portfolio Company o2 Wireless Solutions Completes IPO

Bethesda, MD – American Capital Strategies, Ltd. (Nasdaq:ACAS) a buyout and mezzanine fund, announced today that its portfolio company o2wireless Solutions, Inc., (Nasdaq:OTWO) formerly Clear Holdings, Inc., has completed an initial public offering of 6.1 million shares of common stock at a price of $12.00 per share. Atlanta-based o2wireless provides a full range of network services to all sectors of the global wireless telecommunications industry. American Capital has provided $17.5 million of mezzanine capital to o2wireless' subsidiary, Clear Communications Group, including $4.5 million in unfunded commitments, and owns warrants to purchase approximately 2.5 million shares of o2wireless' common stock, on a fully diluted basis. [more...]

American Capital Portfolio Company o2 Wireless Solutions Files for IPO

Bethesda, MD – American Capital Strategies, Ltd. (Nasdaq:ACAS), a buyout and mezzanine fund, announced today that O2 Wireless Solutions, Inc., formerly Clear Holdings, Inc., one of American Capital's portfolio companies, has filed a registration statement with the Securities and Exchange Commission with regard to an initial public offering of its common stock. American Capital has provided $17.5 million of mezzanine capital to O2 Wireless' subsidiary, Clear Communications Group, including $4.5 million in unfunded commitments, and owns warrants to purchase approximately 11.5% of O2 Wireless' existing common stock, on a fully diluted basis. [more...]

American Capital Invests $13 Million to Fund Two Acquisitions by Clear Communications Group

Bethesda, MD – American Capital Strategies, Ltd. (NASDAQ: ACAS) today announced it invested $13 million in senior subordinated debt with warrants in Clear Communications Group and committed an additional $4.5 million shelf facility for future acquisitions. Clear Communications Group is a leading engineering and construction services provider to the telecommunications industry that builds wireless and wireline telecommunications networks for fiber, cable, carriers and tower owners. Stratford Capital Partners also participated as an equity investor in the transaction, joining Demuth, Folger & Wetherill, the initial institutional equity investor in Clear Group. [more...]