American Capital / ACAS
Company executives at the Bethesda headquarters, from left, chairman, CEO and president Malon Wilkus, general counsel Samuel Flax, chief financial officer John Erickson and chief operating officer Ira Wagner. (Photo: Courtesy of company.)
About American Capital
2 Bethesda Metro Center, 14th Floor, Bethesda, Md. 20814
www.americancapital.com
| 301-951-6122
| Founded: 1986
Industry: Financial Services | Category: Public Companies
The private-equity firm lost more than $3 billion in 2008 and defaulted on some loan agreements, leading its auditors to issue a "going concern" notice. It stopped paying a dividend in November, cut its workforce by a third and reduced bonuses by 93 percent. But American Capital, which owns stakes in a diverse collection of firms that make aircraft, children's apparel and special corks, said it was working with its lenders and called itself a "patient investor."
2008 Financial Data
Revenues: $1,051,000,000 | Net Income: $-3,115,000,000Asssets: $7,910,000,000 | Earnings Per Share: $-15.29
Stockholder Equity: $3,155,000,000 | Annual Dividend: $3.09
Total employees: 384 | Local employees: 271
