Allied Capital Corporation is a principal investment firm specializing in buyouts, acquisitions, recapitalizations, note purchases, growth capital, and middle market equity and debt investments. The firm provides debt financing in the form of senior loans, second lien debt, subordinated debt, and unitranche facilities. It prefers to invest in business services, financial services, consumer products, healthcare services, energy services, and consumer services sectors. The firm seeks to invest a maximum of $300 million in buyout transactions and between $10 million and $150 million in debt transactions. It provides equity capital, typically in conjunction with a debt investment for management buyouts of companies with enterprise values between $50 and $300million. Allied Capital Corporation was founded in 1958 and is based in Washington, D.C., with additional offices in New York City; Chicago, Illinois; and Los Angeles, California.