OUR PORTFOLIO

American Capital Recognizes $43 Million Q3 Gain From Sale of Portfolio Company SAV Holdings

American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it realized a gain of $43 million from the sale of its portfolio company SAV Holdings Inc., the parent of Swank Audio Visuals Inc. ("Swank" or the "Company") to Code Hennessy & Simmons LLC in the third quarter of 2007.  Swank is a leading provider of audio visual services for corporate meetings and events.  American Capital invested $48.5 million to support Code Hennessy & Simmons' acquisition of Swank in the form of a second lien senior term B loan.  Code Hennessy & Simmons and Swank management invested in the equity. [more...]

American Capital Invests $93 Million in Two Portfolio Companies

Bethesda, MD – February 1, 2006 – American Capital Strategies Ltd. (Nasdaq: ACAS) announced today investments totaling $93 million made in the fourth quarter of 2005 in two portfolio companies.
One of the investments involved an American Capital sponsored buyout of SAV Holdings Inc. ("SAV"), the nation's second largest outsourced provider of audio visual equipment and related technical support services to hotels and resorts. The other investment was in H-Cube Inc., a portfolio company of GTCR Golder Rauner LLC. H-Cube is the parent company to Zenta Global Ltd., an existing American Capital portfolio company and a U.S.-based leader in high quality business process outsourcing ("BPO") services. The investment supports H-Cube's acquisition of Global Realty Outsourcing Inc. (“GRO”), a leading outsourcing partner to the commercial and residential real estate and financial services markets. American Capital's investments in SAV Holdings and H-Cube include senior debt, senior subordinated debt and redeemable preferred and common equity. In addition to American Capital's investment in SAV, LaSalle Bank is providing a revolving credit facility and, along with Wachovia Bank, is investing in a senior term loan. SAV's management is also investing in the equity. [more...]

SAV Holdings Provides State-of-the-Art Audio Visuals

Founded 70 years ago, SAV Holdings, Inc. began as a provider of slide and film projection for school, church and other local organizations' events in St. Louis, Missouri. As a trend towards holding business meetings and conventions accelerated, SAV expanded its business but remained focused on St. Louis, a popular convention destination. The company gradually acquired a national reputation for quality service and equipment and in 1980 began expanding outside of its home base. It is now the second largest outsourced provider of the most sophisticated audio-visual equipment and related services to hotels and other leading convention and meeting centers nationwide. In addition to being the exclusive equipment and service provider to many major hotels, it provides outsourced business center services to hotels as well as audio-visual services to clients independent of its hotel contracts. [more...]