Firms Representing More Than $100 Billion in Investment Capital Slated to Attend Texas ACG Capital Connection Conference

M&A in Texas up by 76 percent, trend expected to continue

Dec 01, 2010, 16:18 ET from Allegiance Capital Corporation

DALLAS, Dec. 1, 2010 /PRNewswire/ -- Allegiance Capital, a Dallas-based investment bank, is sponsoring the Texas ACG Capital Connection at the platinum level for the third consecutive year. More than 100 leading private equity and mezzanine firms, representing more than $100 billion of capital available for investment, are slated to attend.

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"The Texas Capital Connection attracts the nation's leading sources of private equity and debt capital. We're strong supporters of the event, and the relationships it fosters," says David Mahmood, Chairman and Founder of Allegiance Capital.

This year Mahmood's firm has facilitated more than $500 million in transactions with private equity groups and strategic acquirers on behalf of its clients, primarily business owners of private mid-market companies.

According to a Mergermarket report released in October, mergers and acquisitions in Texas were up by 76 percent in the first three quarters of 2010 over the same period in 2009.  Mahmood sees the upward trend continuing both in Texas and nationwide.

"Private equity groups are laden with capital (about $500 billion) and are eager to put it to work yielding returns. Business owners are actually going to enjoy a seller's market in 2011," he says.

About the Texas ACG Capital Connection

The Texas ACG Capital Connection is the largest private equity event in Texas and the Southwest. Hosted by the Association for Corporate Growth (ACG) chapters in Houston, Dallas / Fort Worth, Central Texas and Louisiana, the event will offer perspectives from top business leaders on the critical issues impacting M&A, financing and the economic outlook for domestic and international companies. Register by visiting http://www.acgtexas.org/htm/register.htm.

About Allegiance Capital

Allegiance Capital Corporation is a full-service investment banking firm specializing in the middle market (companies with revenue from $20 million to $500 million).  With offices in Dallas, Chicago, New York, Minneapolis/St. Paul, and Seattle, Allegiance Capital assists companies in every aspect of selling and financing a business, including debt restructuring, mezzanine financing, executing leveraged buyouts, strategic partnering, consulting and other related services. For more information, refer to the company website, www.allcapcorp.com. Subscribe to the Capital Ideas blog by visiting: www.allcapcorp.com/blog. Follow Allegiance Capital on LinkedIn at http://www.linkedin.com/company/allegiance-capital and on Facebook at http://www.facebook.com/AllegianceCapital .

SOURCE Allegiance Capital Corporation



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