WEBSTER CAPITAL SELLS SUNDANCE CATALOG TO BRENTWOOD ASSOCIATES

Waltham, MA (July 10, 2012) – Webster Capital together with ACI Capital are pleased to announce the sale of Sundance Catalog to Brentwood Associates, a leading consumer-focused private equity firm based in Los Angeles. Sundance Catalog is a leading retailer of sophisticated American West themed apparel, jewelry and home items and was founded by Robert Redford in 1989. Lazard Middle Market served as exclusive advisors to Webster Capital and ACI Capital. OneWest Bank provided senior debt financing and GarMark Partners provided mezzanine debt for the transaction.

“We are very proud of the Company and its development over the past few years. The Sundance team, led by President & CEO Matey Erdos, has developed a tremendous product offering that resonates very well with its loyal customer base,” said Donald Steiner, Managing General Partner of Webster Capital and Chairman of the Sundance Board. “We are enthusiastic about the future of the Company and will remain invested as partners with Brentwood and other management shareholders.”

“Webster Capital and ACI became investors in Sundance in 2004 and helped us refine our merchandising, marketing and product development strategy,” said Matey Erdos. “We are well positioned for future growth and look forward to continuing our relationship with Brentwood.”

About Sundance

Sundance Catalog, founded by Robert Redford in 1989, is a pre-eminent direct marketer and retailer of unique products of exceptional quality and design for women with a sense of style and independent spirit. The Company develops and sells apparel and accessories, furniture, art, home décor, jewelry and other hand-crafted products. For additional information on Sundance please visit www.sundancecatalog.com.

About Webster Capital

Founded in 2003, Webster Capital is a private equity partnership with over $200 million in capital under management which invests in branded consumer, business to business, and healthcare services companies. Webster focuses on companies with EBITDA between $3-15 million and transaction values less than $100 million. Webster Capital provides equity financing, expertise and a broad contact network for management buyouts and growth capital. For additional information on Webster Capital please visit www.webstercapital.com.