Texas Deal Flow Up in 2011 Led by Oil E&P, Oilfield Services

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Chad Watt, a Dallas-based reporter for Mergermarket, an M&A newswire, says mergers and acquisitions are expected to be up in 2011 with Texas deal flow led by oil E&P, oilfield services and related sectors. Watt also commented that for sellers to get good multiples, they will need to generate competition among acquirers to drive higher valuations. Comments were made in a new video posted to the Texas ACG Capital Connection blog hosted by Allegiance Capital Corporation: http://www.allcapcorp.com/acgtx . On Twitter, use the hashtag #ACGTX to join in on the conversation about the Texas ACG Capital Connection conference.

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The Texas ACG Capital Connection will be held March 2 in Dallas. Register here: http://www.acgtexas.org/

IPOs for small-cap and mid-cap companies will be few and far between.

Chad Watt, a Dallas-based reporter for Mergermarket, an M&A newswire, says mergers and acquisitions are expected to be up in 2011 with Texas deal flow led by oil E&P, oilfield services and related sectors. Watt also commented that for sellers to get good multiples, they will need to generate competition among acquirers to drive higher valuations. Comments were made in a new video posted to the Texas ACG Capital Connection blog hosted by Allegiance Capital Corporation.

Regarding IPOs, Watt said oil and natural gas prices could drive IPOs in those sectors, and, depending on what happens with Facebook, IPOs in technology could be on the rise. However, according to Watt, “IPOs for small-cap and mid-cap companies will be few and far between.”

Dallas-based investment bank Allegiance Capital is hosting the blog in conjunction with the Texas ACG Capital Connection conference on March 2, 2011. Subscribe online to the Texas ACG Capital Connection blog, called “Beyond the Podium,” at http://www.allcapcorp.com/acgtx. On Twitter, use the hashtag #ACGTX to join in on the conversation about the Texas ACG Capital Connection conference.

About Allegiance Capital
Allegiance Capital Corporation is a full-service investment bank specializing in the middle market (companies with revenue from $20 million to $500 million). The firm assists private companies with every aspect of selling and financing a business, including: debt restructuring, mezzanine financing, executing leveraged buyouts, strategic partnering, consulting and other related services. The firm has won multiple awards recognizing the value it delivers to clients. Examples include: 2009 Dealmaker of the Year (Dallas Business Journal), 2008 Boutique Investment Bank of the Year (M&A Advisor), 2006 Investment Bank of the Year (Dallas Business Journal). For more information, refer to the company website, http://www.allcapcorp.com.

Media Contact:            
Katherine Kirkpatrick    
Vice President    
Allegiance Capital Corp.    
214-217-7745
http://www.allcapcorp.com

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