Boston, MA 10/07/2013 (wallstreetpr) – In Friday’s trading, American Capital Ltd. (NASDAQ:ACAS) dropped by 0.96%. The opening price of the shares was $13.63, which climbed to an intraday high of $13.84 and dipped to a close of $13.73. Approximately 1.47 million shares were traded on Friday while an average volume of 2.21 million shares were traded over a 30-day period. The 52-week low of the shares is $11.12 and its 52-week high is $15.24. American Capital Ltd. (NASDAQ:ACAS) has a market capitalization of $4.05 billion.
About the company
American Capital Ltd. (NASDAQ:ACAS) was incorporated in 1986. It is an equity-firm and a global asset manager. It invests in private-equity, private-debt, and private real-estate securities and has other investments like technology-investments, special situation investments, alternative asset-funds that are managed by the Company.
Acquisition
These provide capital straight to early-stage and mature private as well as small public companies. The company refers to all its diverse investments in these different companies as its private-finance portfolio. In 2012 January, E Touch Holding Company bought European Touch Holding. The latter is an American Capital Ltd. (NASDAQ:ACAS) Portfolio company. On 7 February 2012, Aptara, its portfolio company, was sold-off to iEnergizer. On 31 December 2012, it sold Lifoam Holdings.
Effective 22 March 2013, American Capital Ltd. (NASDAQ:ACAS) acquired Service Experts via its subsidiary. American Capital Ltd. (NASDAQ:ACAS) invests in structured- financial product investments such as1) commercial mortgage backed securities, 2) commercial collateralized loan-obligation securities and 3) collateralized debt obligation securities.
Other investments
American Capital Ltd. (NASDAQ:ACAS) also invests in alternative asset-funds that are managed by the Company. As of 31 December 2011, American Capital Ltd. (NASDAQ:ACAS) had investments in 152-portfolio companies. These investments are made up of 6 product lines: 1) One Stop Buyouts, 2) Private Equity Buyouts, 3) Direct &Other Investments, 4) European Capital, 5) Asset Management and 6) Structured Products.
