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

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Call Principal John Thornton at (415) 591-0120.

American Capital Invests $24.5 Million in Logex Buyout

Bethesda, MD – July 26, 2001 – American Capital Strategies, Ltd. announced today that it has invested $24.5 million to fund the buyout of Logex Corporation, the nation's largest contract carrier of industrial gases. The investment takes the form of senior and junior subordinated debt with warrants, preferred stock and common stock. Logex management participated in the buyout, investing in the preferred stock and the common stock.[more...]

Logex is a Driving Force for Industrial Gas

Bethesda, MD – July 26, 2001 – Logex Corporation, the nation's largest contract carrier of bulk industrial gases, is in the driver's seat as gas producers increasingly rely on independent service providers for their transportation needs. Based in Orange, CA, this highly specialized industrial gas transporter has added new terminals and tractors and broadened its customer base to position itself as the market leader. To remain at the forefront of new opportunities, the company's management teamed with American Capital Strategies, Ltd. (Nasdaq: ACAS) to buy Logex from Lewis Hollingsworth, a Dallas, Texas-based investment firm. To close this August 27, 2001 buyout, American Capital provided $24.5 million of subordinated debt and preferred stock financing. [more...]