BETHESDA, Md., Oct. 6, 2011 /PRNewswire/ -- American Capital
Ltd. (Nasdaq: ACAS) announced today that it invested
$15 million to support BMO Capital
Markets' syndication of a $100
million Second Lien Term Loan financing to support the
purchase of a majority stake of Flexera Software, Inc. by Teachers'
Private Capital from Thoma Bravo.
Flexera Software is a premier provider of Application Usage
Management and Installation software. Flexera's suite of
Application Usage Management products help businesses to monitor
license compliance and strategically manage application usage.
Flexera is a top 200 software company with more than 80,000
global customers and its products are found on more than 550
million PC's worldwide.
"We are delighted to work with Flexera Software and support BMO
in their syndication efforts," said Adam
Spence, American Capital Managing Director. "In
today's choppy credit markets, we believe more than ever that our
ability to provide flexible financing solutions ranging from senior
debt and uni-tranche to mezzanine and equity co-investments,
multi-currency funding capabilities, responsive execution with a
global underwriting platform and commitment to growing portfolio
companies make American Capital a desirable investment
partner."
Since its August 1997 IPO,
American Capital and its affiliated funds have invested
approximately $30 billion in over 520
portfolio companies both directly and in support of leading
financial partners in change of control transactions. For
more information about American Capital's Portfolio, go to
http://www.americancapital.com/our_portfolio/our_portfolio.html
ABOUT AMERICAN CAPITAL
American Capital is a publicly traded private equity firm and
global asset manager. American Capital, both directly and through
its asset management business, originates, underwrites and manages
investments in middle market private equity, leveraged finance,
real estate and structured products. Founded in 1986, American
Capital has $52 billion in assets
under management and eight offices in the U.S., Europe and Asia. American Capital and European Capital
will consider investment opportunities from $10 million to $300 million. For further
information, please refer to http://www.americancapital.com/
This press release contains forward-looking statements. The
statements regarding expected results of American Capital are
subject to various factors and uncertainties, including the
uncertainties associated with the timing of transaction closings,
changes in interest rates, availability of transactions, changes in
regional, national or international economic conditions, or changes
in the conditions of the industries in which American Capital has
made investments.
CONTACT:
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Adam Spence, Managing
Director, Sponsor Finance Group
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(212)
213-2009
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Ryan Brauns, Principal,
Sponsor Finance Group
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(212)
213-2009
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SOURCE American Capital, Ltd.