Post by
BeEm1 on Mar 07, 2016 5:24pm
SEHAC Holdings
https://geoinvesting.com/texas-regulatory-filings-mystery-compensation-call-question-american-capitals-internal-controls-managements-integrity/ Who Owns and Operates Service Experts, LLC? In addition, now that Elliott has called into question management integrity, we wonder how one of ACAS newest acquisition, Lennox Service Experts (listed as SEHAC Holdings), can be valued at such an extreme multiple of what was paid for it, just a few years after being purchased. In reviewing American Capitals portfolio, Service Experts, listed as SEHAC Holding Corporation (Service Experts Heating and Air Conditioning), stood out to us because its current fair value is listed at about ten times the cost that is listed for the Convertible Preferred Stock and about seven and a half times the cost listed for the common stock. This is the cost and fair value of SEHAC Holding Corporation as listed in American Capitals last 10-Q report.