Alan Hutson Joins Allegiance Capital

Online, November 15, 2011 (Newswire.com) - Allegiance Capital, one of the largest private investment banks serving the lower middle market, announced that Alan Hutson has joined its Dallas office to serve as a Senior Vice President. Mr. Hutson has more than 25 years of senior management and operational experience.

"Alan Hutson brings the perspective that comes from years of experience in working with business owners," said David J. Mahmood, Founder and Chairman of Allegiance Capital. "He understands what it takes to build a business, meet Friday's payroll and next month's bank payment. He appreciates the effort it takes to interview, select, hire and train people who make up a business. Alan has the knowledge and experience to help business owners."

Prior to joining Allegiance Capital Corporation, Mr. Hutson served as Senior Vice President and Lead Deal Maker with C.V. Lemmon & Co. for over ten years. In the position of Lead Deal Maker, Mr. Hutson was responsible for coordinating the writing and preparation of Confidential Information Memorandums, researching for buyers and lenders and developing strategies for clients. Within his portfolio of clients, Mr. Hutson was the primary contact for negotiations among sellers/buyers, borrowers/lenders, attorneys, accountants, financial planners and all other professionals involved in a client's transaction. Mr. Hutson also consulted with numerous clients on operational and financial matters.

Mr. Hutson's most notable work experience was his turnaround of the $55 million Lehigh Safety Shoe Company. As President, Mr. Hutson strategically repositioned the company to successfully introduce new branded niche products within a crowded market, made strategic acquisitions of high-potential distributors, reduced backorders 75% with 31% less inventory, increased sales 34% and improved gross margins 6.1%.

"I am pleased to have been invited to join this distinguished team of Investment Bankers," Mr. Hutson said. "ACC's deep research capabilities, its continuing investment in an effective platform, and its unique process all combine to make this firm a natural choice for serious buyers and sellers. There is no doubt that this firm and its team of pros can get optimal results that will satisfy its client base."

About Allegiance Capital Corporation
Allegiance Capital Corporation is an investment bank specializing in financing and selling businesses in the middle market. Allegiance Capital 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). Subscribe to the Capital Ideas blog by visiting:www.allcapcorp.com/blog. Follow Allegiance Capital on LinkedIn, Facebook, and Twitter:@ALLCAP.