Allegiance Capital represented East Teak Trading Group, the leader in First European Quality teak and exotic hardwoods, which was acquired by a private investment group headed by Don R. Daseke to form a new company, Walden East Teak Inc. East Teak supplies 85% of all teak wood used in the United States, is a preferred supplier for almost every major marine manufacturer, and wellcraft. Was the first to offer finished custom mouldings and millwork on a just-in-time basis.
“It’s a complicated process, and Allegiance was there with me hand in hand. One indication of my satisfaction with Allegiance is that I asked one of the Allegiance officers to sit on the board of East Teak.”
– Don Daseke, Chairman, East Teak