West & North Texas · Texas
Kermit business brokers and M&A advisors
Kermit owners who want to sell a company can call MDR & Associates, a sell-side M&A advisor that represents only the seller and meets you in Winkler County. Kermit has lived by the oil price since the Hendrick field came in near town on July 16, 1926, and that history shapes how a buyer prices any business here.
From ranch supply town to Hendrick field boomtown
Kermit started as a supply center for scattered ranches and became the seat of Winkler County when the county was organized in 1910. Then came the oil. About 1,000 people lived here in 1927 and 1,500 by 1929. Residents voted to incorporate in 1938, real estate prices doubled during the 1940s boom, and by 1960 the city had 10,465 people and 260 businesses. In 1966 the town brought the last working wooden derrick in the Permian Basin from Loving County to Pioneer Park.
The 2020 census counted 6,267 residents. The ups and downs between those numbers are the story of a Permian Basin town, and any owner here has run a business through at least one of them.
Kermit at a glance
- CountyWinkler County
- Metro areaPermian Basin
- Companies we sell$3M–$100M
- Typical transaction3–9 months
- Fee if we do not closeNone
Timing a sale in a town that moves with crude
A buyer looking at a Kermit company will want to know what it earns in an ordinary year, not only at the top of a boom. We rebuild your financials so they show normal owner pay, one-time costs and the effect of a strong or weak year, and we explain the difference to buyers in plain terms. That recast is what our opinion of value rests on. For a formal appraisal, used for partners, lenders or estate planning, our separate business valuation service is available.
Selling when activity is strong usually helps, because buyers can see recent results and are more willing to pay for them. But waiting for a peak can backfire. We tell owners honestly whether today's numbers will support the price they have in mind, and if they will not, what would.
Meeting you in Winkler County
Our advisors come to Kermit, to your yard or shop, or to a quiet place nearby. The first meeting and the opinion of value are free. The ten-step process sets out what follows, from the marketing package to closing and wired funds, which typically takes three to nine months. Other Permian Basin and Panhandle markets are covered on our West & North Texas page.
What we sell in and around Kermit
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 Kermit owners ask before they sell
Answered in full by the advisors who run the sales. Every Texas-wide answer.
The process
How a Kermit 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
We also work with owners near Kermit
Questions owners in Kermit ask
Will buyers value my Kermit company on a bad oil year?
They will look at several years, not one. A recast that shows earnings across good and weak years lets a buyer see what the company can sustain. If last year was unusually low for reasons that have passed, we document why, so a buyer does not price the whole company on that year alone.
Are there buyers for a small oilfield-related business in Winkler County?
There can be, if it is profitable and its books reconcile. Buyers include larger operators wanting more coverage in the Permian Basin, individuals with industry experience and capital groups. We qualify each one financially and under a confidentiality agreement before they learn your company's name.
Talk to an advisor about your Kermit company
Four fields, a reply the same business day, and nothing shared with anyone. If you would rather talk, call (855) 637-2776.