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Article: American Capital Invests $31 Million in J-Pac.
- Article from:
- PR Newswire
- Article date:
- February 26, 2007
CopyrightCOPYRIGHT 2007 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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BETHESDA, Md., Feb. 26 /PRNewswire-FirstCall/ -- American Capital Strategies Ltd. announced today that it and an affiliate invested $31 million in J-Pac LLC, a leading supplier of medical contract manufacturing, assembly and packaging services. American Capital's one stop debt financing solution takes the form of senior term unirate loans and common equity and supports Riverside Partners LLC's buyout of J-Pac. American Capital is also providing a revolving credit facility. American Capital Equity Fund I LLC ("ACE"), a fund managed by American Capital, provided 30% of the American Capital equity investment. J-Pac's owner and management team are investing in J-Pac's ...
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