Coleman Payne brings over 17 years of M&A industry experience to his new role as Managing Partner at Viking Mergers & Acquisitions in Houston, Texas. A seasoned professional, Coleman has led over $100 billion in M&A transactions, most recently with Deloitte Consulting’s M&A practice. Before Deloitte, Coleman and his brother Jackson Payne helped build and sell their family business, Rio Bravo Oilfield Services.
Having served as a sell-side advisor, buy-side advisor, and buyer and seller himself, Coleman recognizes the distinct challenges entrepreneurs face. He brings the expertise and sophistication of big-firm M&A transactions to the world of small business owners, leveraging his breadth and depth of experience to tailor his approach to each client’s needs.
Coleman holds an undergraduate degree in Finance from the University of Oklahoma and an MBA from the Kenan-Flagler Business School at the University of North Carolina. His strong academic background and proven industry experience make him an ideal fit for the Viking team.
Joining Coleman in leading the Houston office is his brother, Jackson. Their successful past business collaborations and extensive experience promise an exciting future for Viking’s Houston office.
Coleman resides in The Woodlands, TX, with his wife, April, their two children, and two dogs.
“The decision to expand our presence in Houston is an exciting step in our business growth strategy. We look forward to Coleman’s leadership in serving entrepreneurs in this market,” said Jay Offerdahl, President and Founder of Viking Mergers & Acquisitions. “Coleman’s level of experience makes him uniquely qualified to guide entrepreneurs across Texas with the most significant financial transaction of their lives – selling their business.”
Why We Are Here
As the fifth-largest metro area in the United States, the greater Houston area is home to over 7.2 million people and more than 160,000 businesses. The demand for M&A advisory has increased as many business owners evaluate their exit strategy options. We know that selling a business can be the biggest decision a person makes; that is why our Texas business brokers are here for the long haul. There is no interest or need to rush our clients through an exit or an acquisition.
We also recognize that a collaborative approach with different perspectives and ideas helps ensure the best result for a client. Case in point: Coleman Payne has an entire team behind him, and he welcomes the benefit of the team’s expertise. This team approach is key to effectively accomplishing each step of the selling process for our clients. Each of our Houston area clients has a dedicated local business broker in Houston backed by a team of analysts and marketing professionals who provide support through the entire process.
Are You Thinking of Selling a Houston Business?
If you have considered selling your business, remember it is never too early to consider your exit plan. When you have a plan, you have options; when you don’t have a plan, your options become very limited. Also, consider the value of selling while you can still be motivated and productive in your business. It becomes much harder to achieve the outcome you are hoping for if you wait until you’re already burned out.
Like all of Viking’s divisions, our business brokers in Houston, TX, engage with potential clients early on in the journey and remain engaged until the timing is right for the client. Every business is unique, as are each business owner’s needs, especially when forming an exit strategy. Our advisors understand that selling a business is a process, not an isolated event, and that process deserves careful planning, communication, and execution.
Are You Considering Buying a Houston Business?
If you are thinking of buying a business in Houston, TX, now is a great time. Some solid acquisition opportunities are emerging as the Baby Boomer generation moves into retirement. Houston is also a great place to own a business. Houston proper is second only to NYC as home to the most Fortune 500 headquarters (we have 21). And whether you’re inside the Loop in Houston or out in the suburbs, such as The Woodlands, Katy, or Sugar Land, you’ll find a low cost of living and no state income tax. The City of Houston also offers many business-friendly incentives, including tax abatement programs, Enterprise Zones, Opportunity Zones, and more.
Be sure that when you consider a business, you obtain the appropriate amount of information and that the data is reliable. Among other things, that is one area where our business brokers in Houston can help. Viking pre-qualifies businesses through SBA lenders, so the buyers we work with can have confidence in the purchase.
If you are looking for business brokers in Houston, TX, contact Coleman today for a confidential, no-cost business valuation or consultation, and let’s see how our team can help.