ECAS in Eparcyl Acquisition Financing

May 31, 2007

Cleary Gottlieb represented ECAS S.à.r.l. in its May 31, 2007 €15.5 million mezzanine bond financing of the acquisition of Eparcyl SA by Spotless France SAS, one of AXA Private Equity’s portfolio companies.

Eparcyl is the leading French provider of branded biological activators for septic tanks.

ECAS is a European fund of American Capital.