"Closing a complicated transaction is never easy, and being honored by our peers as one of the best in the business in two categories is especially gratifying." David Mahmood - Chairman Allegiance Capital
Dallas, TX (PRWEB) November 04, 2014
Allegiance Capital received two M&A awards during the Americas M&A Atlas Awards gala held in New York City, October 30 and, John Sloan, Vice Chairman of the firm, was selected as one of the Top 50 Dealmakers in America.
The Americas M&A Atlas Awards is part of the world's most prestigious M&A Atlas Awards brand, exclusively honoring the best value generating deals, top dealmakers and outstanding firms from the middle market in the North and South American mergers, acquisitions, corporate and private equity deal communities.
Allegiance Capital won the Energy & Services Deal of the Year for the sale of Otis Eastern Services, a leading U.S. pipeline contractor, headquartered in Western New York, to Tulsa-based, Argonaut Private Equity, the private equity division of George Kaiser’s family office.
The firm won the U.S.A Private Equity Deal of the Year for the sale of GlobalHealth, an Oklahoma-based HMO, to Kinderhook Industries. Allegiance Capital was also selected as one of the Top 10 Boutique Investment Banks, and was a finalist for: Deal of the Year honors in Small Markets, North American Private Equity Deal of the Year over $100 million, USA Deal of the Year-Small Markets (under $50 million), and USA Deal of the Year – Mid Markets (over $50 million).
The Americas Top 50 Dealmaker competition saw John Sloan, Vice Chairman of the firm selected to the accomplished list of investment bankers from across the Americas and Canada. More than 400 M&A veteran bankers competed to be included in the Top 50 list. Sloan was the primary architect of the Otis Eastern transaction as well as numerous other deals successfully closed by Allegiance Capital.
When asked about the award, Sloan said, “It is truly an honor to be selected as one of the Top 50 Dealmakers in the Americas. It takes a team to close complex transactions like Otis Eastern and GlobalHealth. We have a great team and I am proud to work with them and to serve the clients we work for every day.”
“We are extremely proud and honored to receive these awards,” stated David Mahmood, Chairman and Founder of Allegiance Capital. “Closing a complicated transaction is never easy, and being honored by our peers as one of the best in the business in two categories is especially gratifying.”
The Allegiance Capital transactions competed against hundreds of initial nominees from across the Americas. A sell-out crowd packed the Awards gala at the Harvard Club in New York for the awards dinner and ceremony.
Allegiance Capital Corporation
Allegiance Capital Corporation is an investment bank that specializes in financing and selling middle-market businesses. Allegiance Capital Corporation was recently named to American City Business Journal’s distinguished list of Who’s Who in Energy 2012, 2013, and 2014 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 in 2014 that recognizes the value it delivers to clients, including: Energy Deal of the Year by ACG New York, Energy Deal of the Year – Americas Atlas M&A Awards, U.S. Private Equity Deal of the Year Subscribe to the Capital Ideas blog by visiting: http://www.allcapcorp.com/blog. Follow Allegiance Capital Corporation on LinkedIn and Twitter: @ALLCAP.
The Global M&A Network
Global M&A Network is diversified information, digital media and educational forum connecting company. It exclusively serves the mergers, acquisitions, alternative investing, restructuring, and turnaround communities worldwide. Global M&A Network produces the world’s most prestigious, M&A ATLAS AWARDS ® world-wide – from New York, Hong Kong, London, Mumbai, to Chicago.