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Soff-Cut International, Inc.
American Capital exited its investment in Soff-Cut International in the second quarter of 2007.
American Capital Invests $25 Million in Leading Designer and Manufacturer of Concrete Saws
Bethesda, MD – August 24, 2004 – American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $25 million in Soff-Cut International Inc., a leading designer and manufacturer of specialized Ultra Early Entry™ concrete saws for the commercial and residential construction markets. American Capital's investment takes the form of a senior term loan and senior and junior subordinated debt and supports Westar Capital LLC's debt recapitalization of its portfolio company Soff-Cut. American Capital is also providing a revolving credit facility. [more...]
Soff-Cut Has Concrete Plan For Growth
Soff-Cut International, Inc., based in Corona, CA, is a leading designer and manufacturer of concrete saws for commercial and residential construction. The company's Ultra Early Entry™ technology, developed in 1987, revolutionized the concrete industry, enabling contractors to cut control joints one to two hours after concrete is poured, thereby minimizing the incidence of random cracking. Offering the broadest line of sawing products in the industry, Soff-Cut has gained a leading share of the commercial concrete saw market. [more...]
