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American Capital exited its investment in KAC Holdings, Inc. in the third quarter of 2006

American Capital Provides Details of $46 Million of Total Net Realized Gains in Third Quarter

Bethesda, MD –-December 7, 2006 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today the details of $46 million of total net realized gains it recognized from portfolio investments in the third quarter of 2006.  Included in this amount were net realized gains of $106 million from the complete or substantial exit of 13 portfolio companies for total proceeds of $494 million. [more...]

American Capital Invests $70.5 Million in Leading Global Supplier of Assembly Materials
Bethesda, MD - February 20, 2003 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $70.5 million in the buyout of Kester, a division of Northrop Grumman Corporation's (NYSE: NOC) Component Technologies sector and a leading global supplier of assembly materials to the electronic assembly, component, electrical and industrial marketplace. American Capital's investment takes the form of a revolving credit facility, senior term loans, senior and junior subordinated debt and preferred and common equity issued by the acquiring company, of which American Capital is an 84% shareholder. The acquiring company paid $60.0 million for the purchase of Kester. The remaining ownership in the acquiring company represents amounts under the employee options program as well as equity co-investors. [more...]

A New Connection For Kester
More than 100 years ago - in 1899 - Jesse Kester started the Chicago Solder Company. His company, based in Des Plaines, IL, has produced solder and solder derivative products ever since. A leading global supplier of materials to the electronic, component assembly and electrical/industrial marketplaces throughout the world, Kester serves more than 1,200 customers worldwide. These customers look to Kester for an array of basic and high-tech attachment materials used in manufacturing products for the telecommunications, computer, automotive, military, components manufacturing, and consumer electronics industries. [more...]