It is with a sense of deep sorrow and sadness we report the passing of David J. Mahmood, Founder & Chairman of Allegiance Capital Corporation. David passed peacefully on Tuesday, April 3rd, 2018. David was a self-described “serial entrepreneur,” corporate leader, and industry icon. At age 60, David, and his wife, Connie Mahmood, together launched his eighth business, Allegiance Capital...
7 minute read Today, all of the signs suggest we are in the midst of an inflection point in the M&A market. Currently, there are three main elements, or ingredients, that have transpired in today’s market and have positioned privately-held companies and their shareholders to yield extremely favorable returns if a liquidity event, or sale...
8 minute read Middle-market M&A has traditionally been dominated by two main players: the strategic buyer and the financial buyer, typically a private equity group. In recent years however, the financial buyer landscape has evolved with two new players emerging: the family office and the independent sponsor. Private Equity Recap If you happen to live...
I was approached by a private equity group interested in purchasing my company. The partner said they’d looked at 48 companies in my market sector, and this was the first one they liked. They made a non-binding offer that I was happy with, and began due diligence. Ninety days later, they walked away from the...
DALLAS, March 7, 2018 — Allegiance Capital Corporation, a Dallas, Texas-based private M&A investment bank that specializes in middle-market transactions, announced today that it has facilitated an investment in its client, Pinnacle Manufacturing, LLC (“Pinnacle”), from Turning Basin Capital (“TBC”) and Vigeo Investments. TBC, a Richmond, Virginia-based private equity firm, targets investments in entrepreneurial service providers and equipment...
It takes more than luck to sell your company for a premium price. You have to work on these four areas to generate buyer interest. Seneca, a first-century Roman philosopher once observed, “Luck is where the crossroads of opportunity and preparation meet.” Some business owners believe they’ll be able to “get lucky” and sell...
(Editor’s note: This article originally appeared on Bizjournals.com, whose parent company, American City Business Journals, is the largest publisher of metropolitan business newsweeklies in the United States, with 43 business publications across the country.) When business owners decide they are ready to raise some cash, they often come to an investment bank, like my firm....
(Editor’s note: This article originally appeared on Bizjournals.com, whose parent company, American City Business Journals, is the largest publisher of metropolitan business newsweeklies in the United States, with 43 business publications across the country.) I’m not sure anyone puts much stock in New Year’s resolutions any more. We all proclaim them to friends and family at every...
Allegiance Capital Corporation, a Dallas-based private investment bank, announced today that it assisted Trinity Hunt Partners in sourcing its acquisition of a majority interest in IMS ExpertServices of Pensacola, Fla. Trinity Hunt Partners is a middle-market private equity firm with more than $670 million under management. IMS is a full-service provider of expert witness search...
July 17, 2017, DALLAS, TX – Allegiance Capital Corporation, a Dallas-based private M&A investment bank, announced today that it had exclusively represented RiceBran Technologies (NASDAQ: RIBT and RIBTW) (“RBT”) of Sacramento, Calif., in the July 14 sale of Healthy Natural, Inc. (“H&N”) to an affiliate of Rosewood Private Investments. H&N, an Irving, Texas-based contract manufacturing and...
The Power of Pitching In When it comes to trying new things to get the job done, Martha Grizzel knows no fear. Grizzel – executive assistant to David J. Mahmood, founder and chairman of Allegiance Capital Corporation of Dallas – has even driven a forklift at a past employer. She says she comes by this...
Allegiance Capital Corporation wins Deal of the Year Award for deals under $50 million, in Dallas ACG M&A Award competition. Allegiance Capital Corporation, a Dallas-based, award-winning investment bank continues to add to its large collection of M&A awards. On, May 5th, the firm won the Deal of the Year Award, for deals under $50 million...