American Capital Wins $60M from Sale of Lifoam Holdings
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital") announced today that its portfolio company Lifoam Holdings, Inc. ("Lifoam") was sold to Jarden Corporation ("Jarden") (NYSE: JAH) on December 31, 2012. American Capital received $60 million in debt and equity proceeds and realized a gain of $14 million, subject to post-closing adjustments. American Capital's compounded annual rate of return earned on its debt and equity securities over the life of its investment was 11%, including interest, dividends, capital gain and fees.
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