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American Capital, Ltd.
Industry Financial, Private equity
Fate Merged into Ares Capital Corporation
Founded 1986; 31 years ago (1986)
Defunct January 3, 2017 (2017-01-03)
Headquarters Bethesda, Maryland, United States
Key people
Malon Wilkus, CEO & Chairman
Products closed-end fund, Leveraged buyouts, Mezzanine capital
Number of employees
392
Website AmericanCapital.com

American Capital, Ltd. was an American publicly traded private equity firm and global asset manager. American Capital, both directly and through its asset management business, originated, underwrote and managed investments in middle market private equity, leveraged finance and structured products. American Capital managed $10 billion of assets, including assets on its balance sheet and fee earning assets under management by affiliated managers. Founded in 1986 and publicly traded between 1997 and 2017, American Capital had six offices in the U.S. and Europe.

Through its private equity and leveraged finance business, American Capital participated in management and employee buyouts either by providing mezzanine and senior debt financing for buyouts led by private equity firms or by providing capital directly to companies through a 'One Stop Buyout' in which it funded senior debt, mezzanine and equity and was the controlling shareholder. American Capital and its affiliates invested from $10 million to $600 million per company in North America and €10 million to €300 million per company in Europe.

American Capital owned and managed European Capital, a fund with €0.9 billion of assets. European Capital invests in management and employee buyouts either by providing mezzanine and senior debt financing for buyouts led by private equity firms or by providing capital directly to companies through a 'One Stop Buyout' in which it funds senior debt, mezzanine and equity and is the controlling shareholder.

Since its 1997 IPO through to September 2015, American Capital had invested $37 billion in over 730 companies, including well-known companies such as AAMCO, Bumble Bee Seafoods, Bushnell Outdoor Products, Camelbak, Euro-Pro, Evenflo Company, Gibson Guitars, Piper Aircraft, Riddell and Rug Doctor.

Through its asset management business, American Capital managed publicly traded American Capital Senior Floating (NASDAQ: ACSF) and seven private funds.

American Capital had six offices in New York, Chicago, Annapolis, London, Paris with its home office in Bethesda, MD.

On January 3, 2017, American Capital completed its merger with Ares Capital Corporation.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2017 2017-05-06 Future report Set alerts
Q4 2016 2017-02-15 Future report Set alerts
Q3 2016 2016-11-03 0.23 0.63
Q2 2016 2016-08-03 0.31 0.47
Q1 2016 2016-05-06 0.40 -0.34
Q4 2015 2016-02-17 0.37 -0.88
Q3 2015 2015-11-04 0.40 -0.14
Q2 2015 2015-08-05 0.34 0.22
Q1 2015 2015-05-06 0.28 0.05
Q4 2014 2015-02-24 0.21 0.14

Ratings

2016-05-17 Reiterated Rating Keefe, Bruyette & Woods Hold
2016-05-16 Reiterated Rating Sterne Agee CRT Buy
2016-02-17 Reiterated Rating Cantor Fitzgerald Buy $18.00
2016-01-10 Reiterated Rating Cantor Fitzgerald Buy $19.00
2015-12-08 Lower Price Target Compass Point Buy $19.00 to $18.00
2015-11-25 Reiterated Rating Cantor Fitzgerald Buy
2015-11-10 Lower Price Target Keefe, Bruyette & Woods $17.50 to $16.00
2015-11-06 Upgrade Cantor Fitzgerald Hold to Buy $15.00 to $19.00
2015-10-05 Reiterated Rating Cantor Fitzgerald Hold $15.00
2015-08-06 Reiterated Rating Cantor Fitzgerald Hold $16.00
2015-07-01 Reiterated Rating BMO Capital Markets Hold $16.00
2015-06-30 Initiated Coverage Cantor Fitzgerald Hold $16.00
2015-05-08 Lower Price Target JPMorgan Chase & Co. Overweight $19.50 to $18.50
2015-05-07 Set Price Target Keefe, Bruyette & Woods Hold $18.00 to $17.50
2014-11-07 Reiterated Rating Keefe, Bruyette & Woods Market Perform $19.00 to $18.00
2014-06-05 Reiterated Rating Compass Point Focus List
2014-05-21 Initiated Coverage Sterne Agee CRT Buy
2014-04-16 Reiterated Rating JPMorgan Chase & Co. Overweight $18.50
2014-04-08 Boost Price Target Keefe, Bruyette & Woods $16.00 to $19.00
2014-04-01 Boost Price Target Compass Point Buy $16.50 to $18.00
2014-03-04 Upgrade Wells Fargo & Co. Overweight
2014-03-04 Upgrade Wells Fargo Overweight
2011-02-22 Reiterated FBR Capital Mkt Perform $7.50 to $10
2011-02-16 Reiterated JMP Securities Mkt Outperform $9 to $12
2010-08-05 Upgrade Stifel Nicolaus Sell to Hold
2010-06-03 Downgrade Stifel Nicolaus Hold to Sell
2010-05-06 Upgrade Hilliard Lyons Underperform to Neutral
2009-08-20 Reiterated FBR Capital Mkt Perform $1.50 to $2.50
2009-08-20 Reiterated FBR C
2009-03-03 Reiterated FBR Capital Markets Mkt Perform $4 to $1.50
2016-05-17 Reiterated Rating Keefe, Bruyette & Woods Hold
2016-05-16 Reiterated Rating Sterne Agee CRT Buy
2016-02-17 Reiterated Rating Cantor Fitzgerald Buy $18.00
2016-01-10 Reiterated Rating Cantor Fitzgerald Buy $19.00
2015-12-08 Lower Price Target Compass Point Buy $19.00 to $18.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

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