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Call Principal and Managing Director Gordon O'Brien at (301) 951-6122.

American Capital exited its investment in Euro-Caribe Packing Company, Inc. in the first quarter of 2007.

American Capital Funds $18 Million Meat Processor Transaction
BETHESDA, Md., Nov. 3 /PRNewswire/ -- American Capital Strategies (Nasdaq: ACAS) announced today that it has funded the acquisition of Federal Packing Company, Inc., by Euro-Caribe Packing Company, Inc. creating the largest independent producer of processed pork products in Puerto Rico. A portion of the proceeds of the loan will be used for the refinancing of existing debt of Euro-Caribe. The company's Con Gusto and El Serranito brands are sold in Puerto Rico and in the United States. American Capital's substantially new investment, in the form of bridge senior debt and subordinated debt with warrants, provided all of the capital required to close the transaction. The total credit facility including a revolving line of credit, is $18 million. [more...]

A Recipe for Success – Pork Processor Goes “Whole Hog”
Euro-Caribe Inc., a small, profitable Puerto Rican producer of sausages, had grown until production at its San Juan factory was bursting at the seams. Only three miles down the road was Federal Packing Company, a much larger and equally successful producer of cooked ham products, owned by the Cadenas family since 1967. In early November 1998, Euro-Caribe acquired Federal in an $18 million transaction financed by American Capital Strategies (NASDAQ Symbol: ACAS), a buyout and specialty finance company based in Bethesda, MD. The new company, under the name Euro-Caribe Packing Company, will be the largest independent producer of processed pork products in Puerto Rico. [more...]