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American Capital Invests $147 Million in One Stop Buyout of Soil Safe Holdings

Bethesda, MD - September 19, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $147 million in the One Stop Buyout of Soil Safe Holdings Inc. from The Halifax Group. Soil Safe is a provider of environmental services that include the treatment, disposal and re-use of lightly contaminated soil for real estate, infrastructure development and industrial customers in the Mid-Atlantic region. American Capital's investment takes the form of senior term loans, senior and junior subordinated debt and convertible preferred equity. American Capital is also providing a revolving credit facility. The transaction also includes Soil Safe's purchase of real estate in Brandywine, MD and Soil Safe's acquisition of the California-based assets of TPS Technologies Inc., a thermal desorption treatment facility that serves the Southern California market. Soil Safe management is investing in equity. Post close, American Capital owns 79% of Soil Safe, on a fully diluted basis. More...