Daily News: January 26, 2012

Allegiance Capital Hires Two VPs in New York, Dallas

Allegiance Capital Corporation announced that Kieran Pinney has joined its New York office to serve as a vice president and Shane Mahmood joined the company as vice president in the Dallas office.

“Allegiance Capital Corporation is pleased to announce the addition of Kieran Pinney to our New York office” said David Mahmood founder and chairman of Allegiance Capital Corporation. “Kieran brings a wealth of experience and a unique professional background which will allow Allegiance Capital Corporation to further grow its financial vertical, particularly in the insurance industry. While Kieran has been with us for only a very short period of time, he is already involved in closing a transaction in the insurance industry.”

Prior to joining Allegiance Capital Corporation, Pinney worked for Franklin Hamilton, a middle-market mergers and acquisitions boutique. He provided valuation, joint venture, merger and acquisitions, and capital raising services to middle-market businesses in the financial services sector, including the insurance, mortgage and title industries. Pinney has helped successfully close over 30 transactions with deal values ranging from a few million to over $50 million in value.

Shane Mahmood, a veteran of the Iraq war and a graduate from Cameron University in southwest Oklahoma, has joined Allegiance Capital in the company’s business development efforts. David Mahmood added, “Shane brings to Allegiance Capital the discipline and skill to analyze markets, develop business relationships and work with privately held and closely held business owners who are interested in selling their business, raising capital or working towards a transition of their business. “

Before working with Allegiance Capital Corporation, Shane Mahmood honorably served with the U.S. Army. While serving in the U.S. Army, he was put into situations that required quick reaction and critical thinking to solve complex problems that plagued an embattled country. He uses the same skills learned on the modern battlefield to solve problems that arise in the M&A industry. Shane’s attention to detail and hard work ethic has allowed him to serve his clients and help them realize their business goals.

Allegiance Capital Corporation is an investment bank specializing in financing and selling businesses in the middle market.