Oct 29, 2012

Max Safavi Joins Allegiance Capital Corporation as Managing Director

Allegiance Capital Corporation, an M&A investment bank that specializes is selling lower middle market companies, grows with new C-level operations and finance talent, Max Safavi.

Dallas, TX (PRWEB) October 26, 2012

Allegiance Capital Corporation is pleased to announce that Max Safavi has joined its Dallas Headquarters to serve as Managing Director. Max brings extensive C-level management skills to the firm, as well as significant middle market and corporate M&A expertise having led over 15 corporate acquisitions and divestitures with an aggregate deal value of $400M.

Prior to joining Allegiance Capital Corporation, Max had served in roles as Chief Financial Officer at Microdyne and Divisional Chief Financial Officer at UNC, Inc. Most recently he served as Chief Operations Officer at EF Johnson Technologies, where he was responsible for increasing the institutional investor base from less than 5% to over 40% and facilitating a successful secondary public offering of 6.9M shares to raise $45.5M in new capital. After acquisition and integration of 3e Technologies International, EF Johnson was successfully marketed and sold to Francisco Partners. Max also held the title of CFO prior to becoming COO.

“Max is a seasoned operating executive and dealmaker who bring many years of hands on experience to firm and its clients,” said David Mahmood, Founder and Chairman, of Allegiance Capital Corporation.

“Allegiance Capital is a recognized national leader in providing the highest level of M&A services to private companies in the middle market,” said Max Safavi. “I look forward to apply my extensive operations, change management, and deal making experience to ensure our clients position their businesses properly and receive the highest value for them.”

About Allegiance Capital

Allegiance Capital Corporation is an investment bank specializing in financing and selling businesses in the lower middle market. Allegiance Capital Corporation was recently named third on the list of 2011 Largest Investment Banking Firms in North Texas (Dallas Business Journal). Allegiance Capital Corporation 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), 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.