Allegiance Capital’s client Badanco Enterprises was sold to Champlain Capital Partners. Badanco manufactures luxury luggage, business cases, garment bags and travel accessories for lines including Polo Ralph Lauren, Nautica and the Donald J. Trump Signature Collection.
“I thought I would never find myself thanking the sell-side representative for his work on a transaction, but I found your effort worthy of particular praise. One of the biggest challenges that we, as buyers, often have with sellers is that they are very rarely educated properly by their representative as to what to expect ina deal process, how to comport themselves, and how to differentiate between the big and small issues that come up in a negotiation. You prepared your client very well, educated him throughout the process and made sure that he was able to evaluate the information he received from us in a thorough manner.”
— Eric Menke, Partner, Champlain Capital Management
“I was skeptical and anxious in entering into a transaction to sell my privately held company. I have been an entrepreneur and business owner my entire adult life, and this would be one of the most important sales of my career. We maximized shareholder value, and Allegiance exhibited insight, support, diligence and professionalism. This deal would not have closed without you.”
— Mounir Badaan, President & CEO, Badanco Enterprises Inc.