OUR PORTFOLIO

American Capital exited its investment in Beacon Hospice in the first quarter of 2007.

American Capital Invests $24 Million in Leading Provider of Hospice Services
Bethesda, MD - February 7, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $24 million in Beacon Hospice, a leading provider of hospice services in New England. American Capital's investment takes the form of a revolving credit facility, senior term loan B and senior subordinated debt. Halpern Denny & Co. is the majority owner of Beacon. Beacon CEO Betty Brennan is investing in the equity and the Company's senior management will participate in a significant option pool. [more...]

Beacon Hospice Shines Brightly
Beacon Hospice, based in Charlestown, MA, is a leading provider of hospice services in New England. Founded in 1995, Beacon was acquired in 1999 by a private investor and expanded rapidly. Under the leadership of CEO Betty Brennan, Beacon grew from a single Boston location to ten programs in Massachusetts, Rhode Island, Maine and New Hampshire. Today, favorable demographics, a New England market ripe for expansion and a growing awareness and acceptance of hospice care add up to a strong foundation for further growth. [more...]