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American Capital exited its investment in Hygienic in the second quarter of 2007.

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American Capital Invests $24.5 Million in Add-On Acquisition for Portfolio Company The Hygenic Corporation

Bethesda, MD – May 23, 2006 – American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested an additional $24.5 million in its portfolio company The Hygenic Corporation ("Hygenic") to support its acquisition of Performance Health Inc., a developer and marketer of topical analgesics to healthcare practitioners. American Capital's investment takes the form of a second lien term loan and preferred and common equity. American Capital's cumulative gross investments in Hygenic total $47 million. GE Antares Capital, a unit of GE Commercial Finance, and Madison Capital Funding LLC are providing a senior secured credit facility. The Company's existing investors, Baird Capital Partners and Beecken Petty O'Keefe & Company, are investing in Hygenic's equity. Baird Capital Partners is the lead investor in Hygenic. More...

American Capital Invests $22.75 Million in Leading Manufacturer, Marketer of Healthcare and Fitness Products

Bethesda, MD – February 4, 2003 – American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $22.75 million to support the acquisition of The Hygenic Corporation, a leading manufacturer and marketer of branded and private label healthcare and fitness products. American Capital's investment takes the form of senior secured subordinated notes and preferred and common equity. Baird Capital Partners is the majority owner. Antares Capital Corporation and Madison Capital Funding LLC provided a revolving credit facility and invested in senior term debt and preferred and common equity. Hygenic management made a significant investment in the equity. American Capital will own a significant minority position in Hygenic on a fully-diluted basis. More...

Hygenic Corp Exercises Strength, Builds Brand

The Hygenic Corporation, based in Akron, OH, manufactures and markets latex and rubber products for therapy, fitness, healthcare and specialty markets. The company's Thera-Band exercise bands and tubing command a leading market share and are the most widely recognized therapy and rehabilitation products. Hygenic Corp. has successfully adapted Thera-Band products for fitness applications and continues to build its market leading presence in its healthcare and specialty manufacturing market segments. More...