Capitala Group Leads Financing in Acquisition of Vintage Stock, Inc.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Capitala Group ("Capitala" or the "Company") announced today that it recently invested $30.0 million to support the acquisition of Vintage Stock, Inc. by Live Ventures Incorporated (Nasdaq:LIVE), a diversified holding company.

Capitala Finance Corp., a business development company managed by Capitala, (Nasdaq:CPTA) invested in $22.5 million of the senior secured debt, with the remaining $7.5 million invested by Capitala Group affiliated funds.

"Through Capitala Group's unique structuring capabilities, we are able to offer creative financing solutions to our partners," stated Joe Alala, Chairman and CEO of Capitala Group. "We are pleased to have led the financing for this transaction, and we're excited to have Live Ventures as a new partner."

Vintage Stock Inc., along with its sub-brands, VStock and Movie Trading Company, is a Joplin, Missouri-based retail chain that buys, sells and trades entertainment products including movies, music, video games from multiple platform consoles, as well as books, trading and game cards and collectables, including comic books, movie memorabilia, toys and novelties. The company operates 57 stores across 10 states and employs about 900 people.

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 133 transactions, representing over $1.2 billion of investments in a variety of industries throughout North America. Capitala Group manages both public capital (Capitala Finance Corp.) (Nasdaq:CPTA) and private capital (Capitala Private Credit Fund V, L.P. and CapitalSouth SBIC Fund IV, L.P.) for institutional and individual investors, and seeks to partner with strong management teams to create value and serve as long term partners. For more information, please visit www.CapitalaGroup.com.

About Capitala Finance Corp.

Capitala Finance Corp. is a business development company that invests primarily in traditional mezzanine, senior subordinated and unitranche debt, as well as senior and second-lien loans and, to lesser extent, equity securities issued by lower and traditional middle-market companies. The Company is managed by Capitala Investment Advisors, LLC. For more information on Capitala, or to automatically receive email notifications of Company financial information, press releases, stock alerts, or other corporate filings, please visit the Investor Relations section of our website.

Forward-Looking Statements

This press release contains certain forward-looking statements. Words such as "believes," "intends," "expects," "projects," "anticipates," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Capitala's filings with the Securities and Exchange Commission. Capitala Finance Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Capitala Finance Corp.
Stephen Arnall, 704-376-5502
Chief Financial Officer
sarnall@capitalagroup.com

Source: Capitala Finance Corp.

News Provided by Acquire Media