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Hartstrings Inc.
| Visit the Hartstrings Inc. website |
| American Capital Invests $31 Million in Children's Apparel Wholesaler, Retailer Bethesda, MD - May 20, 2002 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has invested $31 million to partially finance the asset acquisition of Hartstrings Inc. by Keystone Holdings LLC. Hartstrings is a leading designer, wholesaler and retailer of classic coordinated children's apparel sold under the hartstrings, kitestrings and k.c. parker labels. American Capital is funding a senior term loan, senior revolving credit bridge facility and a subordinated note with warrants.[more...] |
