BRS Realizes Distribution Through Recapitalization of DTLR

December 7, 2010

NEW YORK, December 7, 2010 — Bruckmann, Rosser, Sherrill & Co. (“BRS”), a New York-based private equity firm, announces a distribution to its limited partners resulting from the recapitalization of DTLR (“DTLR” or the “Company”). DTLR, based in Hanover, Maryland, is a leading specialty retailer targeting the young urban male. The Company operates over 70 stores in six regions: Atlanta, Baltimore, Chicago, North Carolina, Virginia and Washington, D.C. DTLR is committed to the urban lifestyle and offers its customers the hottest urban footwear, apparel and accessories. BRS acquired DTLR in partnership with management in October 2005.

“We are pleased to complete this recapitalization, which provides a return of capital to our investors and positions DTLR for continued profitable growth in its existing and new markets” said Bruce Bruckmann, Managing Director and Co-Founder of BRS. Wells Fargo and Golub Capital provided the financing necessary to complete the recapitalization, which closed in December 2010.

About BRS

BRS is a New York based private equity firm with $1.4 billion of committed capital under management in three investment partnerships, focused on investing in middle market consumer goods and services businesses. Since 1996, BRS has purchased over 40 portfolio companies for aggregate consideration of over $6.4 billion. In addition, BRS portfolio companies have completed approximately $1.9 billion of add-on acquisitions. Prior to forming the firm, the founders of BRS were in the financial acquisition business at Citicorp Venture Capital where they closed 25 transactions with aggregate transaction values totaling $5.8 billion.

For additional information contact:

Kekst and Company
Ruth Pachman or Mark Semer