Texas M&A Advisory with Regional Expertise
First Turn Capital works with business owners across Texas, from energy companies in the Permian Basin to manufacturing operations in Dallas-Fort Worth and industrial services businesses in the Houston metro. We understand the industries that drive this state.
Statewide Reach
Active across the Permian Basin, DFW, Houston, and beyond
Confidential Process
Discretion is built into every step of our approach
Energy Expertise
Deep experience in oil & gas, oilfield services, and energy
Key Texas Markets
Texas is a diverse state with distinct regional economies. We understand the nuances of each market and the buyers active in these areas.
Permian Basin
Midland, Odessa
Oilfield services, energy infrastructure, equipment
Dallas-Fort Worth
Dallas, Fort Worth, Arlington
Manufacturing, distribution, transportation
Houston Metro
Houston, Pasadena, Baytown
Energy services, petrochemical, industrial
Texas Panhandle
Lubbock, Plainview
Agriculture, energy, regional services
Energy Sector M&A Expertise
Texas drives America's energy economy. We understand the cycles, the consolidation trends, and the strategic buyers active in this space.
Oilfield Services
- Well services and completions companies
- Equipment rental and manufacturing
- Pipeline and midstream services
- Environmental and remediation services
Industrial & Manufacturing
- Fabrication and machine shops
- Industrial distribution companies
- Transportation and logistics
- Construction and specialty contractors
What M&A Advisory Means in Practice
M&A stands for mergers and acquisitions. An M&A advisory firm helps business owners prepare for, market, negotiate, and close a transaction, whether that's a full sale, a partial sale, or a recapitalization where you bring in outside capital but retain some ownership.
Throughout this process, the advisor's job is to run the transaction so you can continue running your business. Deals can take six to twelve months, and owners who try to manage the process themselves often find it pulls focus from operations at the worst possible time.
Learn about our sell-side advisoryPreparation
Organize financials, identify strengths and weaknesses, determine a realistic value range.
Outreach
Qualified buyers contacted confidentially: private equity firms, strategic acquirers, family offices.
Negotiation
Manage offers, handle due diligence requests, protect your interests through closing.
Why Texas Market Knowledge Matters
Texas has one of the largest and most diverse economies in the country. Understanding regional dynamics, industry trends, and active buyers makes a meaningful difference in outcomes.
Buyer Relationships
We maintain relationships with private equity firms, strategic buyers, and family offices actively acquiring in Texas.
Industry Cycles
Understanding energy cycles and industrial trends helps us time transactions and set realistic expectations.
Local Reputation
How a deal is handled affects future referrals and relationships. We protect that carefully.
Confidentiality in Competitive Markets
"I don't want my competitors, customers, or employees to know I'm considering this." We hear this from Texas owners constantly, and we take it seriously.
Non-Disclosure Agreements
Standard before any substantive information is shared with potential buyers.
Non-Descriptive Outreach
Buyers learn an opportunity exists, but not the company name until vetted and under NDA.
Staged Disclosure
More detail shared only as buyers demonstrate serious intent and financial capability.
Owner Coaching
Guidance on handling questions from employees, customers, or others who might notice activity.
In tight-knit industries like oilfield services, a single careless conversation can create real damage. The process needs to be designed with that reality in mind.
What Kind of Texas Businesses Do We Work With?
We focus on established Texas businesses, typically with at least $1 million in annual EBITDA and enterprise values between $5 million and $100 million. Industries we frequently work with include:
Common Questions from Texas Owners
"I don't know what my business is worth."
Most owners don't, and that's normal. Valuation depends on factors like financial performance, industry trends, customer concentration, and what comparable businesses have sold for. A market value analysis can give you a realistic range before you commit to anything. Get a valuation →
"How do energy cycles affect my sale timing?"
Commodity prices and industry cycles do impact valuations and buyer appetite. We help owners understand current market conditions, recent comparable transactions, and whether timing makes sense. Sometimes waiting is smart; sometimes moving now is better.
"I've gotten offers from competitors, but I'm not sure I trust them."
Unsolicited offers from competitors are common, especially in consolidating industries. The challenge is that you're negotiating without leverage and without knowing if the terms are competitive. A managed process brings multiple qualified buyers to the table.
"I'm worried about what happens to my employees."
This is one of the most personal parts of any transaction. Buyers often want to retain key employees, and deal terms can include provisions around employment continuity. Your priorities around employees, customers, and legacy can be part of how buyers are evaluated.
About First Turn Capital
First Turn Capital is an M&A advisory firm focused on lower middle-market transactions, typically businesses with enterprise values between $5 million and $100 million. We specialize in industrial and blue-collar sectors: oilfield services, manufacturing, construction, HVAC, transportation, and similar industries.
Investment banking services are provided through First Turn Securities, LLC, a FINRA-registered broker-dealer. This registration means our advisory activities are subject to regulatory oversight, which provides a layer of accountability that non-registered advisors aren't required to meet.
Our headquarters is in Oklahoma City, with active coverage across Texas including the Permian Basin, Dallas-Fort Worth, Houston, and the Texas Panhandle.