Hi Rich,
The Group CaptionText can be customized using the TableDescriptor.ChildGroupOptions.CaptionText property (gridGroupingGrid.TableDescriptor.ChildGroupOptions.CaptionText = "{CategoryName}: {Category}";). But this customizes the text for all the groups. I am not sure how you can set the caption text for a particular group (by a column) before it was grouped. If you can explain the scenario and why the QueryCellStyleInfo event is not elegant then we can suggest a better way. Also please refer to the below forum thread to see if that helps.
http://www.syncfusion.com/Support/forums/message.aspx?MessageID=43171
Regards,
Calvin.