Daily News: October 25, 2012

Allegiance Facilitates Falcon Affiliates’ Trilogy Investment


Allegiance Capital Corporation, a Dallas-based private M&A investment bank specializing in the lower middle market, announced that it represented Trilogy Communications, Inc. in a recapitalization by Falcon Affiliates, in which Trilogy’s management team and Falcon partnered to continue to grow and expand Trilogy’s business.

Allegiance Capital acted as the exclusive financial advisor to Trilogy Communications and Deerpath Capital Management provided a revolver, term loan and equity co-investment. Terms of the transaction were not disclosed.

Headquartered in Pearl, MS, Trilogy Communications is a manufacturer of specialized coaxial cables and connectors for wireless communications and networking applications. Its products are sold throughout the United States, South America, Europe and Asia.

“We are delighted to find in Falcon Affiliates a partner who shares our vision for ways to take Trilogy to the next level,” said Grace Lee, president of Trilogy Communications.

Will Krusen, president of Falcon Affiliates, added, “Trilogy Communications is a leader in its industry, with high-quality and innovative products, strong customer relationships, and an experienced management team. We are looking forward to working with Shinn and Grace Lee, and all of the employees at the company, to continue building and growing Trilogy.”

“We are excited to have been able to facilitate a partnership that will enable Trilogy to continue to grow the company in a market that has tremendous opportunity. Pairing a world-class partner in Falcon Affiliates with a tremendous management team and industry leading products from Trilogy will lead to only greater opportunities to come,” said Jared Behnke, VP of Allegiance Capital Corporation.

Trilogy Communications designs and manufactures specialized coaxial cables and related accessories used in commercial, industrial, and municipal wireless communications systems, networking applications, and infrastructure projects.

Falcon Affiliates is an active investor providing capital and expertise to growing enterprises in the manufacturing, distribution, and business services sectors.

Deerpath Capital Management provides senior debt financing to middle-market companies.