Austin's AIC Ventures Closes 100th Acquisition, Prepares for More.- Leading Investment Fund Manager Sees Significant Opportunity to Meet Middle-Market Company Demand across the Country - AUSTIN, Texas -- Austin, Texas-based AIC AIC Association des Infermières Canadiennes. Ventures, L.P., an investment fund manager providing alternative finance solutions to middle-market companies across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. through office and industrial sale-leasebacks, is celebrating its 100th real estate acquisition. Founded in 1990, the firm's total transaction value is nearly $1 billion. "Over the past 20 years we've seen an increasing demand for sale-leasebacks as a strategic capital solution for middle-market companies. With today's issues surrounding sur·round tr.v. sur·round·ed, sur·round·ing, sur·rounds 1. To extend on all sides of simultaneously; encircle. 2. To enclose or confine on all sides so as to bar escape or outside communication. n. the credit markets, we continue to see growing interest," said David Steinwedell, managing partner, AIC Ventures. "Our success is built on performance. Since our inception we've been committed to following the terms originally negotiated with sellers throughout closing. In doing so, we've established a reputation as a leading provider of sale-leaseback capital solutions." In 2007, AIC Ventures had a record year with over $170 million in acquisitions and is on track to nearly double its transactions to $300 million in 2008 with its seventh fund. Despite the economic slowdown For articles with similar titles, see Slow Down (disambiguation). A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties. , AIC Ventures plans to move forward on its eighth fund and acquire over $350 million in commercial real estate assets nationwide in 2009. AIC Ventures has acquired and entered into long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. leases on 100 commercial real estate assets owned by middle-market companies. In each transaction, the company acquired the facility and property according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the original terms outlined. The capital infusion Capital infusion Often refers to the cross-subsidization of divisions within a firm. When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions. is used by companies to strengthen their corporate balance sheet fundamentals, fund growth initiatives or acquisitions and/or support other strategic investments. With fewer restrictions and requirements in comparison to more traditional financing options, sale-leasebacks offer sellers flexible capital that can be redeployed at the company's discretion. "Our focus is on making acquisitions in strong, major and secondary markets across the country, and working with companies that have a solid presence and steady growth in their respective industries. AIC Ventures has delivered value for its investors over many years and sees the current economic conditions as an opportunity to assist more companies with their capital needs," said Peter Carlsen, managing partner and president, AIC Ventures. AIC Ventures acquires single-tenant leased or owner-occupied office, industrial or warehouse properties central to the ongoing operations of a middle-market company, often headquarter head·quar·ter v. head·quar·tered, head·quar·ter·ing, head·quar·ters Usage Problem v.tr. To provide with headquarters: facilities. Targeting properties valued between $4 million and $50 million, the firm focuses its acquisitions on the top 200 markets in the U.S. with healthy, recurring demand A request by an authorized requisitioner to satisfy a materiel requirement for consumption or stock replenishment that is anticipated to recur periodically. Demands for which the probability of future occurrence is unknown will be considered as recurring. for the building type, including: the Pacific Northwest, West Coast, Northeast and Southwest. Headquartered in Austin, AIC Ventures has more than 40 employees and offices in Chicago and Dallas. About AIC Ventures, L.P. AIC Ventures is a leading provider of capital to middle-market companies. With almost $1 billion in completed transactions, AIC Ventures structures innovative corporate finance solutions for companies facing limited, short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. or expensive alternatives for capital. The company has closed more than 100 transactions in 27 states. Whether sellers need to close quickly, have private equity interests, environmental or other challenges, AIC Ventures can help. For more information, visit www.AICVentures.com. |
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