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Article: American Capital Invests $49 Million in Buyout of Leading Provider of Radiation Dosimetry Services.
- Article from:
- PR Newswire
- Article date:
- October 1, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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American Capital Strategies Ltd. announced today it has invested $49 million in the buyout of ICN Worldwide Dosimetry Services, one of the world's largest providers of radiation dosimetry services, from ICN Pharmaceuticals Inc. . The business will now operate under the new name, Global Dosimetry Solutions Inc. American Capital's investment takes the form of senior debt, senior and junior subordinated debt, and preferred and common equity. Following the transaction, American Capital will have a controlling interest in the company. GMAC Commercial Finance provided senior debt and a revolving credit facility. For the first time, Global Dosimetry management will have a ...
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