CapitalSouth SBIC Fund IV, L.P. (the 'CapitalSouth Growth Fund') announced today that it recently invested $9.4 million in Fresh Dining Concepts, LLC, (the 'Company') in a combination of senior secured debt and equity.

Headquartered in Delray Beach, Florida, Fresh Dining Concepts is an Auntie Anne's Inc. franchisee that operates 22 in-line stores, baking kiosks, and satellite retail units. Twenty locations are branded as Auntie Anne's, and two locations are co-branded with Cinnabon. The Company is the fourth largest franchisee in the Auntie Anne's system and operates stores in New York, Florida, Louisiana, and Puerto Rico.

CapitalSouth Growth Fund investment will help the Company's next phase of growth.

About CapitalSouth Growth Fund:

CapitalSouth Growth Fund and its CapitalSouth Partners predecessors were founded as early as 1998 to provide financial solutions to lower middle-market companies. The CapitalSouth Growth Fund invests in mature companies, making debt and equity investments typically between $2 million and $10 million and invests in a variety of industries throughout the United States. To learn more about CapitalSouth Growth Fund, please visit www.CapitalSouthPartners.com

About Capitala Group:

Capitala Group is a leading provider of capital to lower and traditional middle-market companies, through its family of credit focused funds. Since 1998, Capitala Group's managed funds have participated in over 100 transactions, representing approximately $900 million of investments in a variety of industries throughout North America. Capitala Group manages both public capital (Capitala Finance Corp. (Nasdaq:CPTA)) and private capital (including but not limited to the CapitalSouth Growth Fund) for its investors and seeks to partner with strong management teams to create value and serve as long term partners. For more information visit www.CapitalaGroup.com.