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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...

Cleaning Up With Soil Safe

Soil Safe Holdings, Inc., an environmental services company involved in the treatment, disposal and reuse of lightly contaminated soil, was founded by Walter Kennell in 1989 in Columbia, MD. Now over 16 years later, the company operates three facilities in addition to its headquarters and serves an extensive customer base of over 300, including general contractors, excavators, environmental consultants and oil companies in the Mid-Atlantic region and, through the acquisition of the TPS Technologies, Inc., in the greater Los Angeles metro area. More...