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BOSTON, June 26, 2007 — Lane, Berry & Co. International, LLC announced today that it served as exclusive financial adviser to triVIN, Inc. with respect to its sale to American Capital Strategies Ltd. (NASDAQ:ACAS). triVIN is a leading provider of title management services to automobile lenders and electronic vehicle registration services to automobile dealers. American Capital and an affiliate invested $106 million in triVIN in the form of a senior term loan, senior and junior subordinated debt and convertible preferred and common equity. 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. triVIN’s management team is also making a significant equity investment.
“We are delighted with American Capital’s investment in triVIN,” said Bill Rountree, triVIN CEO. “American Capital brings not only enormous financial resources but also invaluable experience with enterprise software companies. We look forward to working together as we build on triVIN’s well-established market position.”
Jim Bunn, Managing Director and Head of Transaction Processing and Financial Services Technology investment banking for Lane Berry, said “triVIN is at the forefront of an industry that is increasingly adopting electronic processing for vehicle registration and title management. They have substantial subject matter expertise in a complex industry and are very well positioned to continue their strong growth.”
About Lane Berry & Co. International, LLC
Lane, Berry & Co. International, LLC provides investment banking services to corporations, their Boards and Special Committees of Boards and shareholders on matters relating to mergers, acquisitions, divestitures, debt and equity financings, debt restructurings, recapitalizations and corporate governance issues. Lane Berry offers sophisticated, objective advice and transaction execution based upon the extensive experience of its senior investment bankers. For more information about Lane Berry’s services, transactions and experience, visit www.laneberry.com.
About triVIN
triVIN Inc., a leading provider of title management services to automobile lenders and electronic vehicle registration services to automobile dealers. triVIN provides its services through two wholly-owned subsidiaries, FDI Collateral Management Inc. (“FDI”) and General Systems Solutions Inc. (“GSS”). FDI provides electronic and paper-based lien and title solutions that allow lenders to outsource the management of vehicle titles held as collateral for loans. FDI services many of the nation’s largest banks and captive automotive finance companies. GSS provides electronic vehicle registration software and services that allow auto dealers and fleet companies to electronically register vehicles directly with state Departments of Motor Vehicles. GSS’s customers are franchised and independent automobile dealers, as well as national fleet and rental companies. triVIN is headquartered in Groton, CT, and has facilities in Sacramento, CA and Vooreheesville, NY. triVIN has more than 600 employees.
About American Capital
American Capital is the third largest U.S. publicly traded alternative asset manager with $12 billion in assets under management (third to The Blackstone Group (NYSE: BX) and Fortress (NYSE: FIG)). American Capital, both directly and through its global asset management business, is an investor in management and employee buyouts, private equity buyouts, and early stage and mature private and public companies. American Capital provides senior debt, mezzanine debt and equity to fund growth, acquisitions, recapitalizations and securitizations. American Capital and its affiliates invest from $5 million to $800 million per company in North America and €5 million to €500 million per company in Europe. For more information about American Capital visit www.AmericanCapital.com or www.EuropeanCapital.com.
