Closed transaction · February 2021
Precise Hire
MDR & Associates took Precise Hire, a background check company, through to closing in February 2021.

The transaction
- ClosedFebruary 2021
- SectorBusiness & consumer services
- LocationDallas, Texas
- Founded2003
- BuyerFinancial buyer
- Engagement to closing60 days
- Represented byMDR & Associates
- Todayprecisehire.com
The company today, in its own words. FCRA-compliant employment background checks, drug testing, MVR and verifications for employers, founded 2003 in McKinney, Texas, with most reports back in under four hours.
The sale
How it ran
Precise Hire, a background check company in Dallas, came to us 60 days before it closed in February 2021. It was sold to a financial buyer, found through the same confidential process every company we represent goes through: a blind profile, buyers qualified before they learn the name, and more than one at the table where the company draws them.
What that buyer examined is what any buyer of service businesses examines — the factors below, in that order.
Own a service business?
Find out what a buyer would pay for it today. A confidential opinion of value from the firm that sold Precise Hire — free, with no obligation, answered the same business day.
Get a free valuation snapshotWhat decided the price
What buyers look at in a service business
Recurring and contracted revenue
The strongest single driver. Revenue under contract, on a schedule, or under a maintenance agreement is worth a multiple of the same revenue sold ad hoc.
Owner dependence
If customers buy because of you, the buyer is not buying a business. Reducing this is the highest-return work available before a sale.
Customer retention and length
Churn and average tenure tell a buyer what they are really acquiring. Have the numbers ready before they ask.
The full list, and who the buyers are: Selling a service business in Texas.
Your company
Talk to the firm that sold Precise Hire
Four fields and a reply the same business day. Nothing you send is shared with anyone, and nothing reaches your employees, customers or competitors. If you would rather talk, call (855) 637-2776.
- A value range and what is driving it
- An honest answer about whether now is the time to sell
- No fee unless and until your company sells







