South Texas · Texas
Alton business brokers and M&A advisors
MDR & Associates acts as M&A advisors for owners in Alton who want to sell a profitable company without their name reaching the market too early. Alton is a Hidalgo County city of 18,198 people (2020 census), bordered by McAllen to the north and east and by Palmhurst to the south, and our advisors travel to meet you at your office or somewhere discreet.
Alton's place in the McAllen–Edinburg–Mission market
Alton was founded in 1910 or 1911 by citizens and railroad officials from Alton, Illinois. Today it belongs to the McAllen–Edinburg–Mission metropolitan area and to the cross-border Reynosa–McAllen metropolitan area, about 70 miles north of Brownsville. The city covers a little over seven square miles.
Whatever the industry, a buyer looking at a company based next to McAllen studies the same things: where the customers are across the metro area, how stable the workforce is, and whether the owner's relationships can pass to someone new. A profitable company with $3 million to $100 million in revenue can draw private equity groups, capital groups and strategic buyers from elsewhere in Texas, not only local bidders. We contact our own database of qualified buyers first and place blind ads on the major business-for-sale marketplaces only if needed.
Alton at a glance
- CountyHidalgo County
- Metro areaMcAllen–Edinburg–Mission
- Companies we sell$3M–$100M
- Typical transaction3–9 months
- Fee if we do not closeNone
Selling a company in Alton: what happens, in order
The work follows ten steps. It starts with a discovery meeting and an engagement letter. We then build a confidential marketing package, a financial recast and a professionally produced HD video. Buyers are screened: each signs an NDA and completes a financial profile before learning your name. Meetings between you and the strongest buyers come next, followed by several letters of intent negotiated at the same time. We review every offer with you in person, and you accept, reject or counter. Due diligence, legal documents and closing follow, with funds wired. The whole process typically takes three to nine months.
Meeting owners in Hidalgo County
Advisors come to you: at the company after hours, or at a quiet place in the McAllen area that you choose. The first meeting costs nothing; we study three years of financial statements and then give you a low and a high figure for what the company should bring. Our business valuation page explains how that range is built. If you decide to go ahead, you owe a fee only at closing, and a principal of the firm is in every negotiation. The full picture of how we sell a company is on our main service page.
What we sell in and around Alton
Industry decides the buyer, the multiple and the diligence. These are the four sectors we work in most.
Manufacturing
Equipment, real estate, backlog and customer concentration decide what a manufacturer is worth.
How buyers value itHome Services
Plumbing, HVAC, roofing, landscaping and other home service companies — where repeat customers, crews and technicians decide the price.
How buyers value itDistribution & Wholesale
Inventory, working capital and supplier agreements decide what a distributor is worth.
How buyers value itBusiness Services
Recurring revenue and owner dependence separate a two-times business from a six-times business.
How buyers value itStraight answers
Questions Alton owners ask before they sell
Answered in full by the advisors who run the sales. Every San Antonio answer.
The process
How an Alton sale runs
Ten steps in four stages, typically three to nine months. Click any step to see it in full.
- Prepare
- Go to market
- Negotiate
- Close
Questions owners in Alton ask
Will buyers from outside the McAllen area consider a company in Alton?
Yes, if the company is profitable and its records reconcile. We present it to our own database of qualified individual buyers, capital groups and private equity groups before any blind public ad. A buyer from another market cares mostly about earnings, management depth and customer mix, far more than about the distance from Dallas or Houston.
How do meetings work when my company is in Alton and your firm is in North Texas?
Our advisors travel to you. The first meeting can be at your office after hours or at a quiet place you pick. Much of the early work is reviewing your financial statements, so the number of trips stays small, and none of them needs to draw attention from staff or customers.
Talk to an advisor about your Alton company
Four fields, a reply the same business day, and nothing shared with anyone. If you would rather talk, call (855) 637-2776.