Dallas,TX (PRWEB) May 09, 2014
Allegiance Capital Corporation, based in Dallas, TX, and Globalscope, the international mergers and acquisitions (M&A) network, are delighted to announce the success of Globalscope’s 15th Semi-Annual Conference, held in Capetown, South Africa.
During the conference, the network confirmed its expansion into Shanghai and Jiaxing, China; and in Southern Africa into Namibia and Botswana. The worldwide Globalscope network now includes 32 member firms from 27 countries. Representatives from 19 countries attended the recent conference.
Michael Moritz, president of Globalscope, commented: “We are very proud to extend Globalscope’s reach in two of the fastest growing economies in the world. This provides even more opportunities for all Globalscope clients worldwide.”
David Mahmood, Chairman/Founder of Allegiance Capital also sees great potential in the expanding Globalscope partnership. “The marketplace drives company values. Today that marketplace is worldwide, and to best serve our clients we need global access to effectively and efficiently sell companies. Globalscope provides us that capability. We are currently working on six deals with Globalscope members. The Globalscope member firms make it easy for us to work with international buyers because they eliminate the language and cultural barriers.”
The four day conference program was hosted by GKA Capital, Globalscope’s member in South Africa, and was attended by more than 40 partners from 23 of Globalscope’s 32 member firms. For the reception at the Radisson Blu Hotel, the members were joined by numerous selected Southern African entrepreneurs and investors.
Local experts, Willie Thabe of the Black Managers Forum, and Noah Greenhill of the leading niche South African Banking and Financial Services Group, SASFIN, provided insight into the opportunities and challenges in Southern Africa. Extensive sector meetings and best practice presentations by the Globalscope members evidenced the close relationships established in the network for the continuing benefit of its clients.
The next Globalscope conference will be held in Athens in October 2014.
About Allegiance Capital Corporation
Allegiance Capital Corporation is an investment bank specializing in financing and selling businesses in the middle market. Allegiance Capital Corporation was recently named to American City Business Journal’s distinguished list of Who’s Who in Energy 2013, in addition to being named third on the list of 2011 Largest Investment Banking Firms in North Texas by the Dallas Business Journal. Allegiance Capital Corporation has won multiple awards recognizing the value it delivers to clients, including 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 http://www.allcapcorp.com/blog. Follow Allegiance Capital Corporation on LinkedIn and Twitter: @ALLCAP.
Globalscope is a leading group of corporate finance and business advisers operating globally to support clients in cross-border transactions. Its focus is on M&A and managing the diverse issues in the implementation of business growth or reorganisation and realisation strategies whether this is through acquisition, divestment, sale, restructuring, international joint ventures or licensing initiatives. See http://www.globalscopepartners.com.