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American Capital Invests in the One Stop Buyout™ of Travel Document Expeditor CIBT
Bethesda, MD – January 25, 2008 – American Capital Strategies Ltd. (Nasdaq: ACAS) announced today that it has sponsored and invested in the One Stop Buyout™ of its portfolio company CIBT Holdings Inc., the world's largest expeditor of short-term visas, passports and other documents for business and leisure travel. [more...]
American Capital Commits up to $74 Million in CIBT Holdings
Bethesda, MD – May 17, 2006 – American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $74 million to support the acquisition of CIBT Holdings, Inc. ("CIBT") by Audax Group ("Audax"). CIBT is the world's largest expeditor of short-term visas, passports and other documents for business and leisure travel. American Capital's investment takes the form of unitranche term debt as well as an undrawn revolving line of credit and acquisition facility. Audax and CIBT management are investing in equity. [more...]
