March 26, 2012

MSouth Closes New Private Equity Fund

Atlanta, GA (March 26, 2012) – MSouth Equity Partners, an Atlanta-based private equity firm, announces the final closing of its latest fund. MSouth Equity Partners II, L.P. has been formed with $438 million of committed equity capital, which exceeded the target of $375 million. Fund II follows MSouth's first fund which had $264 million of committed equity capital and closed in 2009. The marketing process for Fund II took approximately six months.

"We are very pleased with this show of support from our investor base, especially from the existing Fund I investors who participated in a substantial way, along with the new limited partners we were able to add" said Michael Long, an MSouth Partner. "This new fund will enable us to continue with the same investment strategy that has worked well for our investors over the years. We believe the outlook for attractive investment opportunities for MSouth remains positive."

MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued between $25 and $125 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of business services, distribution and specialty manufacturing companies. With more than $700 million under management in two active funds, MSouth is a successor to Cravey, Green & Wahlen, Inc., which was founded in 1984.