OUR PORTFOLIO

Visit Fosbel's website

American Capital Invests $111 Million in One-Stop Buyout of Fosbel Holdings

Bethesda, MD - August 1, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $111 million in the one-stop buyout of Fosbel Holdings Ltd., the global leader in providing refractory maintenance and repair services to operators of heavy industrial ovens and furnaces in the coke and glass production industries. American Capital is providing a revolving credit facility and is investing in senior term debt, senior and junior subordinated debt and equity. Fosbel management is also investing significantly in the equity. More...