Business Brokerage in Abilene
Want to Sell Your Business in Abilene?
If you own your company in West Texas and would like to see what it takes to sell your business or even transition it to your family or leadership team, then you need DBG Advisors. We have an office in Abilene and two brokers who would be glad to help walk through the steps you would need to get on the right path for a lucrative exit. We work with midmarket business owners on developing an exit plan. And we help entrepreneurs seek a merger or acquisition for multiple reasons: in order to retire comfortably, relocating, or to move on to new opportunities.
M&A Activity in Abilene
Abilene is the fifth-largest city by population size in West Texas — ranked behind Midland, but ahead of Odessa. In addition, West Texas and Abilene have been going through a population boom and prosperous economic period over the past several years. From 2010-2019, the region has grown 15.8 percent, compared with the national average of 6.3 percent.
In the same period, employment rose in West Texas by almost 36 percent, much more than growth in the state overall. The oil and gas industry sets West Texas apart from the rest of the state — in Abilene alone, it represents $1.22 billion in economic impact.
Additionally, the city is known for wind energy, healthcare, higher education, air force and aviation, and manufacturing, which employs over 3,500 people.
Recent mergers and acquisitions in the area:
- The June 2020 sale of Abilene-based middle-market business Prairie Dog Pet Products to private investment firm Kinderhook Industries.
- The recent merger of Emory Dry Ice and Abilene-based NexGen Industrial Services, which provides industrial cleaning and maintenance to several industries, including oil and gas, food and beverage, manufacturing, and construction.
- The October 2020 merger of Abilene Regional Medical Center and Hendrick Health System. Abilene Regional is one of the city’s largest employers, with 1,100 employees.
Why Hire DBG Advisors to Sell Your Abilene Business?
Connections within the Abilene business community and in larger Texas markets
Ability to market Abilene businesses to other buyers within larger cities in Texas and even assist in out-of-state transactions.
We specialize in IT-managed services, consulting companies, manufacturing, distribution companies, accounting firms, and more.
Understanding and responding to your specific reasons for selling your business,
Robert Tucker has worked in private higher education for most of his career. He continues to provide leadership as the new Dean of the Kelley College of Business at Hardin-Simmons University in Abilene, Texas.
Some of Robert’s most recent business designations include Business Valuation Specialist, Certified ValueBuilder, Business Broker and Mergers & Acquisitions Advisor. Robert joined DBG Advisors as a business broker and is focusing on the West Texas community, setting up his office in Abilene, Texas. Robert is also a member of the Texas Association of Business Brokers.
In addition to all of his extensive business skills, Robert has an illustrious education in and passion for music. He was an original member of the Texas Baptist All-State Choir. He has over 200 compositions and arrangements to his name, and he continues to compose, play jazz and rock piano, conduct, lead music theater productions, and play French Horn.
As an Abilene resident, Robert has local knowledge, and he understands the importance of being located in the city where your business is operating. To learn more about how Robert can use his local knowledge to sell your Abilene business, contact the Abilene office of DBG Advisors today.
Doug has been involved in real estate for over 30 years and has an extensive background in real estate finance, property management, commercial banking and the appraisal of agricultural properties. He has managed real estate portfolios exceeding $500,000,000 and covering 600,000 acres. He has served as a bank officer with financial institutions in Lubbock, Austin, Corpus Christi, San Antonio, Victoria, and Abilene. Doug has managed statewide Trust real estate divisions encompassing over 600,000 acres as well as commercial bank real estate departments with loan and ORE portfolios exceeding $500 million dollars.
Doug holds multiple degrees including a Ph.D. from Texas A&M University. He is a graduate of the Advanced Trust School at Southern Methodist University, and currently serves as a Professor of Business Administration and Director of Career Development and Internships in the Kelley College of Business at Hardin Simmons University.
In addition to his professional background, Doug is active within his community having served as Chair of the Abilene Chamber of Commerce, Chair of the Abilene Convention and Visitors Bureau, Chair of the Abilene Sports Alliance. He reinstituted the Abilene Agriculture Committee while Chairing the Chamber of Commerce and is also the President Elect of the EXPO Center of Taylor County. He is also active with the Texas A&M Rural Land Conference and has served as the Chair of the Texas Bankers Association Trust, Wealth, and Management Division and the Board of Directors of the Texas Bankers Association. Doug has worked extensively in multiple real estate capacities and his focus is on the investment needs of our clients and works diligently to fulfill their goals.
Doug has extensive experience in budget management, personnel management, loan and real estate portfolio management, as well as substantial experience serving nonprofits throughout the state of Texas. Additional experience includes farm and ranch appraisal, brokerage, and consulting work.
He is active in the community and enjoys team roping, and in his spare time can be found in his arena with his horses.