Atlantic American Capital Advisors, LLC Advises Centerplate on Its $215 Million Senior Secured Debt Financing.

TAMPA, Fla. -- Tampa-based Atlantic American Capital Advisors, LLC ("AACA") announced today it served as the exclusive financial advisor and investment banker to Centerplate, Inc. (AMEX:CVP)(TSX:CVP.un), based in Spartanburg, South Carolina, in its arrangement of a $215 million senior secured credit facility.

The financing was underwritten and provided by General Electric Capital Corporation, and is comprised of a $107.5 million term loan and a $107.5 million revolving credit facility. Both facilities will bear interest at a floating rate equal to a margin over a defined prime rate or a percentage over the London Interbank Borrowing Rate ("LIBOR"). The proceeds of the term loan were used to repay the pre-existing $65 million term loan and outstanding revolving loans, as well as transaction fees and expenses, including a prepayment premium. The revolving portion of the new credit facility replaces the company's pre-existing $50 million revolving credit facility.

Lawrence E. Honig, chairman and chief executive officer of Centerplate, said, "This refinancing allows Centerplate to respond more effectively to new business opportunities, such as the recent reemergence of new stadium construction, and to invest more heavily in our business, particularly our service and quality initiatives, including those with outside partners."

David G. Moyer, Managing Director; Mike Xenick, Vice President; and Dustin Hebrank, Associate assisted Centerplate with this transaction. Mr. Moyer is located in Westport, Connecticut. Mr. Xenick and Mr. Hebrank work in AACA's Tampa, Florida headquarters.

About Centerplate, Inc.

Centerplate, Inc. is a leading provider of catering, concessions, merchandise and facilities management services for sports facilities, convention centers and other entertainment venues. Visit the company online at http://www.centerplate.com.

About Atlantic American Capital Advisors, LLC

AACA is a Tampa-based investment bank focusing on assisting middle market private and public companies with mergers and acquisitions, corporate debt and equity placements, capital restructurings, MBOs and LBOs, public offerings, going private transactions, as well as providing other strategic and financial advisory services. AACA focuses on companies in all industries that are located primarily in the Southeast U.S. AACA is an affiliate of Atlantic American Corporate Group ("AACG"). Other AACG affiliates include Atlantic American Equity Group, Atlantic American Capital Partners, Atlantic American Realty Group and Atlantic American Realty Capital Advisors. AACG has offices in Tampa, Boca Raton and New York City. AACG is also affiliated with Communications Equity Associates ("CEA"), a 32-year old global merchant and investment bank, which is focused exclusively on the media, communications, entertainment and IT industries. AACA is an NASD-registered broker dealer. Visit AACA online at http://www.atlanticamer.com or CEA at http://www.ceaworldwide.com.