Closed transaction · December 2019
Tri-Tex Sales
MDR & Associates took Tri-Tex Sales, a farm and construction equipment supplier, through to closing in December 2019.
The transaction
- ClosedDecember 2019
- SectorDistribution & wholesale
- LocationCisco, Texas
- Founded1983
- BuyerFinancial buyer
- Engagement to closing120 days
- Represented byMDR & Associates
- Todaytritex-sales.com
The company today, in its own words. Used farm and construction equipment dealer in Cisco, TX, "dedicated to personal service and quality, family owned and operated since 1983."
The sale
How it ran
Tri-Tex Sales, a farm and construction equipment supplier in Cisco, came to us 120 days before it closed in December 2019. 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 distribution businesses examines — the factors below, in that order.
Own a distribution business?
Find out what a buyer would pay for it today. A confidential opinion of value from the firm that sold Tri-Tex Sales — free, with no obligation, answered the same business day.
Get a free valuation snapshotWhat decided the price
What buyers look at in a distribution business
Working capital at closing
The single most argued term in distribution deals. Agree the definition and the target early, in writing, or it will cost you at the closing table.
Inventory quality, not quantity
Buyers write down slow-moving and obsolete stock. Knowing your turns by SKU before diligence is worth real money.
Exclusive supplier agreements
Exclusivity or territory rights are an asset — provided they survive a change of control. Check the assignment clause before you go to market.
The full list, and who the buyers are: Selling a distribution business in Texas.
The record
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Talk to the firm that sold Tri-Tex Sales
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