Allegiance Capital Facilitates Falcon Affiliates’ Investment in Trilogy Communications, Inc.
October 24, 2012 – Dallas, TX: Allegiance Capital Corporation, a Dallas-based private M&A investment bank specializing in the lower middle market, announced today that it represented Trilogy Communications, Inc. in a recapitalization by Falcon Affiliates, in which Trilogy’s management team and Falcon partnered to continue to grow and expand Trilogy’s business.
Headquartered in Jackson, MS, Trilogy Communications is a manufacturer of specialized coaxial cables and connectors for wireless communications and networking applications. Its products are sold throughout the United States, South America, Europe and Asia.
“We are delighted to find in Falcon Affiliates a partner who shares our vision for ways to take Trilogy to the next level,” said Grace Lee, President of Trilogy Communications.
Will Krusen, President of Falcon Affiliates, added, “Trilogy Communications is a leader in its industry, with high-quality and innovative products, strong customer relationships, and an experienced management team. We are looking forward to working with Shinn and Grace Lee, and all of the employees at the company, to continue building and growing Trilogy.”
“We are excited to have been able to facilitate a partnership that will enable Trilogy to continue to grow the company in a market that has tremendous opportunity. Pairing a world-class partner in Falcon Affiliates with a tremendous management team and industry leading products from Trilogy will lead to only greater opportunities to come,” said David Mahmood, Chairman of Allegiance Capital Corporation. Allegiance Capital Corporation acted as the exclusive financial advisor to Trilogy Communications and Deerpath Capital Management provided a revolver, term loan and equity co-investment. Terms of the transaction were not disclosed.
About Trilogy Communications, Inc.
Trilogy Communications designs and manufactures specialized coaxial cables and related accessories used in commercial, industrial, and municipal wireless communications systems, networking applications, and infrastructure projects. The Company serves a worldwide customer base. Trilogy’s manufacturing operations and corporate offices are located in the Jackson, Mississippi metropolitan area. For more information please see: www.trilogycoax.com.
About Falcon Affiliates, LLC
Falcon Affiliates is an active investor providing capital and expertise to growing enterprises in the manufacturing, distribution, and business services sectors. Falcon differentiates itself through a flexible and longer-term approach to investing, a focused portfolio, and close, complementary involvement with management. More information is available at www.falconaffiliates.com.
About Deerpath Capital Management
Deerpath Capital Management provides senior debt financing to middle market companies. Deerpath is focused on providing capital for acquisitions, refinancings, ownership transitions and growth opportunities. More information is available at www.deerpathcapital.com.
About Allegiance Capital Corporation
Allegiance Capital Corporation is an investment bank specializing in financing and selling businesses in the lower middle market. Allegiance Capital Corporation was recently named third on the list of 2011 Largest Investment Banking Firms in North Texas (Dallas Business Journal). Allegiance Capital Corporation has won multiple awards recognizing the value it delivers to clients. Examples include: 2009 Dealmaker of the Year (Dallas Business Journal), 2008 Boutique Investment Bank of the Year (M&A Advisor), and 2006 Investment Bank of the Year (Dallas Business Journal). Subscribe to the Capital Ideas blog by visiting: www.allcapcorp.com/library/blog. Follow Allegiance Capital Corporation on LinkedIn and Twitter: @ALLCAP.