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Sanlo Manufacturing Co., Inc.

American Capital exited its investment in Sanlo in the fourth quarter of 2008.

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American Capital Invests $11 Million in Buyout of Leading Manufacturer, Distributor of Coated Cable, Cable Assembly Products and Accessories
Bethesda, MD – August 9, 2004 – American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $11 million in Sanlo Manufacturing Co. Inc., a leading manufacturer and distributor of coated cable, cable assembly products and accessories, in support of its acquisition by Cortec Group. American Capital's investment takes the form of senior and junior subordinated debt with warrants. Merrill Lynch Capital is providing a revolving loan and invested in senior debt. Cortec Group invested in the common equity of Sanlo and is its majority owner. Additionally, Sanlo's senior management has invested in the transaction. [more...]

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