November 23, 2015, New York, NY – Allegiance Capital Corporation, a Dallas-based private M&A investment bank that specializes in middle-market transactions, is pleased to have been named the recipient of the “Telecom Deal of the Year” at the 14th Annual M&A Advisor Awards. The Annual M&A Advisor Awards gala honors professionals whose activities set the standard for M&A transactions. A Wireless was one of the largest Verizon Wireless Premium Retailers in the U.S., with 220 retail stores located on the East Coast and throughout the Mid-Atlantic region. Minneapolis-based Z Wireless, with 420 stores across a national footprint, was also one of Verizon’s largest premium retailers. Z Wireless is majority owned by Atlantic Street Capital (ASC). Z Wireless, with the support of ASC, acquired A Wireless. The combined companies now form the second largest Verizon Premium Retailer in the United States with 640 locations, operating under the name A Wireless.
Brent Earles, Senior Vice President at Allegiance Capital Corporation, worked closely with ASC on the transaction. “Beginning with the original M&A transaction for Z Wireless over four years ago, our team has enjoyed the privilege of continuing to work with the company and the outstanding investment team at Atlantic Street Capital. It has been exciting to see one of the terrific examples of how successful private equity leaders can be when well matched with a business owner to grow a company. Congratulations to the shareholders of A Wireless and Z Wireless for achieving this milestone,” said Earles.
“The award recipients represent the finest in the M&A industry in 2015 and have earned these honors by standing out in a group of extremely impressive finalists,” said David Fergusson, Co-CEO and President of The M&A Advisor. “From lower middle-market to multi-billion dollar deals, we are recognizing the leading transactions, firms and individuals that represent the highest levels of achievement.”
About Allegiance Capital Corporation
Allegiance Capital Corporation is a premier, private investment bank headquartered in Dallas, Texas. Allegiance Capital assists companies built by entrepreneurs in every aspect of selling and financing a business, including: debt restructuring, mezzanine financing, executing leveraged buyouts, strategic partnering, consulting and other related services. Allegiance has extensive global reach and capabilities as a member of international partner organization, Globalscope. For additional information, please visit http://allcapcorp.com/.
About The M&A Advisor
Since 1998, The M&A Advisor has been presenting, recognizing the achievement of and facilitating connections between the world’s leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services including M&A SUMMITS; M&A AWARDS; M&A CONNECTSTM; M&A LINKSTM MandA.TV and M&A MARKET INTELTM. Visit www.maadvisor.com to learn more.
Brent D. Earles
Senior Vice President
Allegiance Capital Corporation
Director, Marketing and Public Relations
Allegiance Capital Corporation