Central Texas · Texas

Hillsboro business brokers and M&A advisors

Owners in Hillsboro who want M&A advisors on their side can hire MDR & Associates, a firm whose only clients are the people selling. The Hill County seat sits directly on Interstate 35, 34 miles north of Waco, 56 miles south of Fort Worth and 62 miles southwest of Dallas, and our advisors meet owners in person wherever keeps the conversation private.

A county seat built on cotton and the railroad

Hillsboro's growth started when the Missouri, Kansas & Texas Railroad and other lines arrived in the early 1880s, bringing settlers and access to shipping. Cotton became the mainstay of the late-19th-century economy and paid for a building boom between 1890 and 1910. Today the city of 8,221 (2020 census) draws trade from across Hill County and from Interstate 35 travelers moving between Dallas, Fort Worth and Waco, and it serves as the gateway to Lake Whitney, Lake Whitney State Park and Lake Aquilla. State Highways 22 and 171 also pass through town.

Hillsboro at a glance

  • CountyHill County
  • RegionCentral Texas
  • Companies we sell$3M–$100M
  • Typical transaction3–9 months
  • Fee if we do not closeNone
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Why the I-35 location matters to a buyer

A company on a major interstate between three large markets has something a buyer can build on. If you run trucks, deliver product or send crews up and down the highway, buyers of distribution businesses will pay attention to routes, freight costs and how widely your customers are spread. A buyer from the Metroplex may see a Hillsboro location as a way to reach both Dallas-Fort Worth and Waco from one base. Businesses that live on travelers and lake visitors tell a different story, and we present it with the seasonality laid out honestly.

Either way, the first buyers to hear about it are the individuals, capital groups and private equity funds already on our list, before any public listing, and we time the process so letters of intent come in together. Our process page sets out the ten steps from discovery meeting to funds wired.

Keeping it confidential in Hill County

Buyers see no name until they have signed a nondisclosure agreement and shown us their finances. We schedule visits outside business hours. And you keep running the company while we do the work, which matters, because a dip in results during a sale is the quickest way to lose price. In 2023 Axial named the firm to its Advisor 100, a list of the lower middle market M&A advisors that buyers refer most often. Hillsboro is part of the Central Texas region we cover.

The process

How a Hillsboro sale runs

Ten steps in four stages, typically three to nine months. Click any step to see it in full.

Questions owners in Hillsboro ask

Is Hillsboro close enough to Dallas-Fort Worth to attract Metroplex buyers?

Buyers from the Metroplex, Waco and beyond regularly consider companies along Interstate 35, and Hillsboro is 56 miles from Fort Worth and 62 from Dallas. What decides their interest is the company's earnings and team. We make sure the right buyers see it, under confidentiality, whether they are across the county or across the country.

My Hillsboro business depends partly on lake and highway traffic. Can it still sell well?

Yes, as long as the numbers show a dependable pattern. A buyer should be able to see the seasonal cycle in several years of month-by-month figures, with one-time events set aside and any repeat or contract revenue called out. Clear seasonality is a known risk buyers can price; unexplained swings are what push offers down.

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