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 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,
Dr. Nolan Duck
Founder & CEO
Dr. L. Nolan Duck is the founder and CEO of DBG Advisors. Nolan is passionate about working with business owners to get their company organizationally healthy and financially profitable as they move toward an exit. Whether they plan to sell now or ten years from now, his goal is to build the Full Value of their company, so they are ready to sell if someone comes calling. He uses his experience of selling companies to guide business owners through the exit planning process and the sale of their company.
Nolan is a member of the Texas Association of Business Brokers (TABB), a Board Certified Broker, a member of the Alliance of Mergers & Acquisition Advisors (AM&AA), the North Texas Commercial Association of Realtors (NTCAR) and is a licensed Texas Real Estate Broker. Nolan received his BA from the University of Arkansas, Master’s degrees in Theology and Religious Education with a Doctorate in preaching from Southwestern Baptist Theological Seminary. He and his wife live in Richardson, Texas.