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Fort Worth’s TPG To Acquire Atlanta-based Classic Collision

by | Apr 4, 2024

Global alternative asset management firm TPG is acquiring Atlanta-based Classic Collision, a leading, national collision repair multi-site operator.

TPG is based in Fort Worth and San Francisco. Classic Collision has a location in Grapevine.

“Today’s announcement is an exciting milestone for Classic Collision and a great testament to the strength of our team and our collective commitment to providing the highest quality service with integrity,” Classic Collision CEO Toan Nguyen said in a statement....

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Align Capital Partners Establishes Specialty Tax Platform via 2 Acquisitions
by | Apr 4, 2024

Dallas and Cleveland-based Align Capital Partners announced the formation of a specialty tax consulting platform with the acquisitions of Baton Rouge, Louisiana-based Cost Segregation Services Inc. (CSSI) and TaxIncennovations LLC.

Allied Capital Partners’ core services lines include cost segregation, research & development tax credits, and energy efficiency tax credit consulting services....

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Largest Panoramic ScreenX Auditorium in North America Opens South of Dallas
by | Apr 4, 2024
B&B Theatre's Red Oak 12 multiplex in Red Oak has opened two new auditorium experiences with technology by CJ 4DPLEX. One feaures a 270-degree panoramic screen that's 7 stories wide and 4 stories tall. The other offers motion and environmental effects like "vibration, water, wind, snow, lightning, and scents."
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The Last Word: Sportec Solutions’ Christian Holzer on Planting a U.S. HQ in Arlington
by | Apr 4, 2024
"All of that will happen at our Arlington operations center," Holzer adds in our story about Munich-based Sportec Solutions establishing its U.S. headquarters in Arlington.
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Image: AT&T

Dallas-Based AT&T Boosts Commitment to Bridge Digital Divide to $5B

by | Apr 4, 2024
AT&T said its additional $3 billion commitment—on top of $2 billion committed in 2021—will address affordability and adoption, the main barriers to broadband Internet connectivity for those who need it most. “Connectivity is critical for success and prosperity in America today," CEO John Stankey says.
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Clockwise from left: Andrew Denton, Anisha Holla, Ralph Yongoueth, Ananya Sammidi, Asad Moulvi, Sahil Patel, and Rick Tett will pitch in UT Dallas' Big Idea Competition 2024 student and alumni track finals on April 17. [Photos via UT Dallas and the entrepreneurs; Graphics: DI Studio, istockphoto]
UT Dallas’ Big Idea Competition 2024 Expands Its Spotlight On Breakthrough Innovation—And Gives Judges a Larger Role
by | Apr 4, 2024
The University of Texas at Dallas' largest startup pitch event, now in its 17th year, isn't sitting on its laurels. Here's what's new this year, and who made the finals. With dual events, a fireside chat, and judge-powered prize allocations, it's set to unfold on April 5 and 17.
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Commercial Operations Begin at Panda Biotech’s Massive Wichita Falls Hemp Gin
by | Apr 3, 2024
The Panda Hemp Gin is Dallas-based Panda Biotech's landmark industrial hemp processing facility in Wichita Falls—a 500,000-square-foot building with three miles of overhead pneumatic duct lines and a 600-yard-long processing line. The gin is the first of its kind and the largest industrial hemp facility in the Western Hemisphere.
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Patented: OxeFit’s Motorized Strength Training Apparatus With Selectable ‘Force Multiplication’ and More North Texas Inventive Activity
by | Apr 3, 2024
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros for the week of March 12, 2024. 109 patents granted include: Acquolina Il Mondo’s systems and methods for desalination of liquids, Arizona Board of Regents on behalf of Arizona State University’s systems and methods for failure detection tools in large-scale maintenance operations, Avodah’s visual sign language translation training device and method, Bank of America’s threat detection and prevention for information systems, COSM’s panoramic picture-in-picture video, OxeFit’s motorized strength training apparatus with selectable force multiplication, Reddy Ice’s bagged ice dispensing machine, Worlds Enterprises’ systems and methods for 2D to 3D conversion, and ZixCorp Systems’ delivery of an electronic message using a machine learning policy.
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North Texas Businesses Rank on Fortune’s 2024 ‘Most Innovative Companies’ List

by | Apr 3, 2024
This year, Fortune's second annual ranking of America's Most Innovative Companies honors 200 businesses that are "transforming industries from the inside out." Check out the innovative North Texas companies that made the list—along with others across the Lone Star State.
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Suntex Marinas and Centerbridge Announce Joint Venture To Acquire $1.25B in New Marinas Nationwide
by | Apr 3, 2024
Dallas-based Suntex Marina Investors said the funds will be used to support new acquisitions and capital improvements at newly acquired facilities, as well as for several new development projects across the U.S.
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Former Doobie Brother ‘Skunk’ Baxter to Receive Hedy Lamarr Science & Tech Award at EarthX Conference
by | Apr 3, 2024
"Skunk" is in the Rock & Roll Hall of Fame for his lead guitar work with mega-hit bands including The Doobie Brothers, Steely Dan, and Spirit. But like legendary Hollywood actress Hedy Lamarr, he's also an unsung hero of technology, with decades of work as a missile and national security expert. That side of his career will grab the spotlight in Dallas on April 22 during the five-day Earthx2024 conference.
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North Texas-Based Massimo Group Launches $5.85M IPO
by | Apr 2, 2024
Massimo Group, a Garland-based powersport vehicle company, said the IPO's proceeds are earmarked for several strategic initiatives aimed at expanding its business, including new products and electric vehicle-related technology.
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Dr. Phil McGraw. [Video still: Merit Street Media]

Dr. Phil’s Merit Street Media Debuts Out of Fort Worth with Reach to 80+ Million Homes

by | Apr 2, 2024
Merit Street, which broadcasts programming from studios in the AllianceTexas development in North Fort Worth, is launching on multiple platforms including DIRECTV, DISH, and U-verse TV, as well as for Xfinity/Comcast viewers in several major Eastern cities.
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From Drums to Drones: UNT’s Renovated Jazz Lab and New Advanced Air Mobility Test Center
by | Apr 2, 2024
Both projects were competed recently by Adolfson & Peterson Construction—improving the acoustics for the seven-time Grammy-nominated One O’Clock Lab Band and eight other jazz lab bands while giving drones and ground autonomous vehicles room to fly and roam.
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Irving-Based McKesson Launches Project To Address ‘Pharmacy Deserts’ in Underserved U.S. Communities
by | Apr 2, 2024
Low-income residents without access to vehicles often find themselves more than a mile from much-needed medicines and prescription drugs. Project Oasis, a new McKesson initiative, aims to help address that.
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Jacobs Taps Former CFO as Interim Chief Financial Officer, Launches Search for Permanent Replacement
by | Apr 1, 2024
Kevin Berryman, who served as CFO of Jacobs Solutions Inc. for over nine years before becoming Special Advisor to the CEO, has been appointed interim Chief Financial Officer, succeeding Claudia Jaramillo, as the company initiates a search for a permanent CFO.
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