DALLAS – Allegiance Capital Corp. announced the sale of MultiCam Inc. to Blue Sage Capital Partners of Austin, TX.
MultiCam manufactures CNC routers. Blue Sage Partners is a private equity firm that specialties in recapitalization and buyout financings of middle market companies.
“Allegiance Capital die an outstanding job of achieving the goals I had outlined whine I decided to sell the equity in my business,” said ken Koelling, founder of MultiCam. “The transaction went smoothly and not only was I able to reap the liquidity I wanted for long-term financial and estate planning, but Allegiance Capital negotiated a transaction that enables me and my employees to retain meaningful ownership of the business while we continue running and growing it much as we have in the past.”
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