In the January 2011 issue of Fast Company magazine, Bill Taylor said “too much entrepreneurship is a bad thing.” I read that same quote in 1999 from a leading venture capitalist, who was chastised for saying it in The Industry Standard. I agree with both of them, but think
Read more →Family Business Succession Planning and Your Exit Strategy: Be Sale Ready
Pam Ragon, Senior Vice President, talks about Allegiance Capital Corporation’s unique operations and details the importance of succession planning in an exit strategy. Being “Sale Ready” means more than just considering exit strategy options, Ragon says, instead you have to have a well-rounded plan with lots of lead
Read more →Selling a Family Owned Business: A Construction Company Case Study
Allegiance Capital specializes in representing family owned businesses in sale. Here’s an example of how, despite a number of challenges and obstacles, the Allegiance Capital team led the successful sale of a family owned business, a construction company in Arizona. The majority owner and CEO of this
Read more →Selling a Business: Tricks of the Trade
At Allegiance, we are very good at getting premium prices for our sellers and successfully closing transactions for our buyers. Our secret is educating the seller (whether we are representing the seller or not) on how to get a better offer (price and terms). The better the
Read more →THREE CHEERS FOR METALBENDERS: An Industry Valuation Update
Engineered metal parts manufacturers are enjoying a nice recovery and robust M&A activity If you machine it, stamp it, bend it, roll it, shear it, forge it, or cast it, chances are you’re selling more of it, and earning more profit doing so, versus last year. Such
Read more →Tootie Pie Co. Looks at Growth Equity
Don Merrill is the President and CEO of Tootie Pie Company. They have grown the brand substantially in five years. Now, growth equity might make sense as they expand their footprint of retail cafes. Here’s Allegiance Capital’s Ryan Foley visiting with Don Merill about his interest in
Read more →Privately-funded EBSCO Comes to Texas to Connect
EBSCO is a private, family fund with a portfolio of more than 40 businesses. Their model involves acquiring 100% of the equity in a business and providing strong incentives for the management team. Matt is at the TX ACG Capital Connection looking for opportunities in promotional products,
Read more →Huron’s in Detroit, But Does A Lot More Than Automotive
Huron Capital likes DFW as a growth area. While they are headquartered in Detroit, automotive is only a small part of their universe. In an interview with Allegiance Capital’s Ryan Foley, Gretchen explains that Huron is into the health/wellness sector, consumer products, home products and automotive aftermarket,
Read more →Ben Stein: Economy is Off the Critical List
To sum it up, “the cool kids meet in Texas and God Bless America”. Ben Stein, the key note speaker for the Texas Capital Connection met all expectations with his dry sense of humour and informative narrative. With insights into the economy that were all generally positive,
Read more →PNC Provides Capital to Get Deals Done
PNC won the “2010 Bank of the Year in the US” award and some of the reasons are obvious when you talk with Randy Wilhoit. At the ACG Capital Connection, Randy stays in touch with intermediaries and clients, and continues to work with deals in motion. Here,
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