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American Capital Provides One Stop Financing to Support Audax Group’s Acquisition of Cinelease

American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it and an affiliate provided financing for Audax Group’s investment in Cinelease Inc., a supplier of lighting and grip equipment to the television, feature film, commercial, music video, and event industries. American Capital’s one stop leverage financing package takes the form of a revolving credit facility and a unirate term loan.  In addition, American Capital invested a minority position in the common equity of Cinelease.  American Capital Equity Fund I LLC (“ACE”), a fund managed by American Capital, provided 30% of the American Capital equity investment.  [more...]