MidCap Advisors Names Allen Conger to Open New Charleston, SC Office

NEW YORK, NY & CHARLESTON, SC – June 9, 2010 – MidCap Advisors is pleased to announce that Allen Conger will open MidCap Advisors’ new Charleston, South Carolina office.

We are very pleased that Allen has joined the MidCap Team, said John Poppe, Partner and Co-Founder of MidCap Advisors. Allen’s professional experience as both an investment banker and former business owner, combined with his strong connections throughout the Southeast, make him a valuable addition to our firm.

Prior to joining MidCap Advisors, Mr. Conger served as Director at Pegasus Funds, an investment bank focused primarily on public equities and mergers & acquisitions. In this capacity, Mr. Conger sourced transactions and managed relationships in a wide array of industries.

Mr. Conger’s prior merger & acquisition and financial advisory experience includes positions at Deutsche Bank Alex. Brown, Carroll Kapfhamer Capital Partners, Raymond James, and Caisse de Depots.

While at Carroll Kapfhamer, Mr. Conger advised Catapult Technologies on their sale to Modis, Inc. of Jacksonville, Florida. Mr. Conger also was the lead banker for MJM Technologies, assisting them in raising growth capital from Capital Across America.

In addition to his M&A and financial advisory experience, Mr. Conger also has extensive operational experience. Mr. Conger spent almost nine years as the principal shareholder and CEO of a respected construction management company that specialized in high-end residential projects in the Charleston area. Mr. Conger began his career almost twenty-five years ago selling surgical equipment and supplies.

I am very pleased to be asked to open MidCap Advisors’ Charleston office and to continue providing merger and acquisition services to the owners of small and midsized privately held companies throughout the Mid-Atlantic and Southeast, said Mr. Conger. The professionalism and integrity of the MidCap team, as well as their excellent reputation in the industry, were earned over the course of twenty years as a trusted investment banking firm. I am honored to expand that tradition to the Southeast.

Mr. Conger earned his Master’s in Business Administration from The University of Chicago. In his spare time, Allen enjoys athletics, playing blues piano, and spending time with his wife and infant daughter. Mr. Conger may be reached at (843) 478-0092 or [email protected].

For more information about MidCap Advisors, please visit http://www.midcapadvisors.com/