cases. Velocity Outdoors other primary product categories are archery, with products including CenterPoint crossbows and the Pioneer Airbow, consumables, which include steel and plastic
BBs, lead pellets and CO2 cartridges, lasers for firearms and airsoft products. We made loans to, and purchased a controlling interest in, Velocity Outdoor on June 2, 2017 for approximately $150.4 million. In September 2018, Velocity
acquired Ravin Crossbows, LLC, a manufacturer and innovator of crossbows and accessories. Ravin primarily focuses on the higher-end segment of the crossbow market and has developed significant intellectual
property related to the advancement of crossbow technology. Velocity Outdoor is headquartered in Bloomfield, New York. As of March 31, 2020, we owned approximately 99% of the outstanding stock of Velocity Outdoor on a primary basis and
approximately 88% on a fully diluted basis.
Niche Industrial Businesses
Advanced Circuits
Compass AC
Holdings, Inc., which we refer to as Advanced Circuits, headquartered in Aurora, Colorado, is a provider of small volume and quick-turn rigid printed circuit boards, or PCBs, and small volume PCB assembly services throughout the United
States. PCBs are a vital component of virtually all electronic products. The small -run and quick-turn portions of the PCB industry are characterized by customers requiring high levels of responsiveness, technical support and
timely delivery. We made loans to, and purchased a controlling interest in, Advanced Circuits, on May 16, 2006, for approximately $81.0 million. As of March 31, 2020, we owned approximately 69% of the outstanding stock of Advanced
Circuits on a primary basis and approximately 65% on a fully diluted basis.
Arnold Magnetics
AMTAC Holdings, LLC, which we refer to as Arnold, serves a variety of markets including aerospace and defense, general industrial, motorsport/
automotive, oil and gas, medical, energy, reprographics and advertising specialties. Over the course of more than 100 years, Arnold has successfully evolved and adapted our products, technologies and manufacturing presence to meet the demands of
current and emerging markets. Arnold produces high performance permanent magnets (PMAG), precision foil products (Precision Thin Metals or PTM), and flexible magnets (Flexmag)
that are mission critical in motors, generators, sensors and other systems and components. Arnold has expanded globally and built strong relationships with our customers worldwide. Arnold is the largest and, we believe, the most technically advanced
U.S. manufacturer of engineered magnetic systems. Arnold is headquartered in Rochester, New York. We made loans to, and purchased a controlling interest in, Arnold on March 5, 2012 for approximately $128.8 million. As of March 31,
2020, we owned approximately 97% of the outstanding stock of Arnold Magnetics on a primary basis and approximately 81% on a fully diluted basis.
Foam Fabricators
FFI Compass
Inc., which we refer to as Foam Fabricators, is headquartered in Scottsdale, Arizona and is a leading designer and manufacturer of custom molded protective foam solutions and OEM components made from expanded polystyrene (EPS) and other expanded
polymers. Foam Fabricators provides products to a variety of end-markets, including appliances and electronics, pharmaceuticals, health and wellness, automotive, building products and others. Foam
Fabricators molded foam solutions offer shock and vibration protection, surface protection, temperature control, resistance to water absorption and vapor transmissions and other protective properties critical for shipping small, delicate
items, heavy equipment or temperature sensitive goods. Foam Fabricators operates 13 molding and fabricating facilities across North America, creating a geographic footprint of strategically located manufacturing plants to efficiently serve national
customer accounts. We acquired Foam Fabricators on February 15, 2018 for a purchase price of approximately $253.4 million. As of March 31, 2020, we owned 100% of its outstanding stock on a primary basis and approximately 92% on a fully
diluted basis.