Business

 

 

Ashford Hospitality Trust Announces Leadership Transition as Veteran CEO Steps Down

by | Apr 19, 2024
Stephen Zsigray, Ashford's current SVP of corporate finance and strategy, is set to lead Ashford Hospitality Trust into a new era following Rob Hays’ departure.
MORE
Dallas’ Kiosk Operators Acquires Pharmaceutical Kiosk Company Wellmation
by | Apr 19, 2024
Kiosk Operators said that with regulatory approval in seven states—including Texas, California, and Florida—for patient-accessible remote automated pharmacy dispensing systems, the industry is poised for widespread adoption of this innovative kiosk technology.
MORE
Dallas Police Department Partners with Irving’s RollKall to Streamline Off‑Duty Job Process
by | Apr 19, 2024
DPD Chief Eddie Garcia said the RollKall partnership "allows us to achieve greater oversight, transparency, and compliance in our off-duty program, ultimately helping to improve public safety and coverage across the city."
MORE
Dallas Sales & Marketing Software Company HighLevel Gets Minority Growth Investment from General Atlantic
by | Apr 18, 2024
HighLevel—a provider of AI-powered sales and marketing automation software for marketing agencies, entrepreneurs, and small businesses—said the partnership enables it to invest further in key growth and innovation initiatives across product and AI.
MORE

Dallas’ Ashford Hospitality Trust Sells Hilton Boston Back Bay for $171M

by | Apr 18, 2024
Ashford said all sale proceeds were used for debt reduction. Located in Boston’s Back Bay neighborhood, the hotel is a five-minute walk from Prudential Center and three blocks from Fenway Park, the home of the Boston Red Sox.
MORE
Irving-Based Packaging and Fulfillment Co. AmeriPac Acquired by Veritiv
by | Apr 18, 2024
AmeriPac is a leading provider of turnkey contract packaging and fulfillment services with annual revenues of roughly $60 million.
MORE
PE Firms Acquire North Texas-Based Shock‑Gard and Pennsylvania’s Ty‑Gard, Form Dallas Holding Company
by | Apr 18, 2024
Shock-Gard and Ty-Gard—both acquired from owner and CEO Matthew Bullock—offer RFID-enabled, expandable foamcore panels that prevent damage in railcars and shipping containers. as well as flexible restraint systems for multimodal transit.
MORE
Fort Worth Is Only Texas City To Snag $2M Federal ‘SMART’ Grant for Revolutionizing Transportation
by | Apr 18, 2024
The project, funded by the U.S. Department of Transportation, will pilot low-altitude weather sensors on freight routes used by autonomous vehicles.
MORE

The Last Word: HundredX’s Rob Pace on Partnering with Forbes on the 2024 Best Brands for Social Impact List

Dallas-based HundredX, a mission-based data and customer insights provider, partnered with Forbes to create the newly released 2024 Best Brands for Social Impact list. Powered by HundredX data, the list recognizes the top 300 brands for social impact based on over four million pieces of consumer feedback on more than 3,000 businesses during the past year.
MORE
JLR Taps Irving-Based Alkegen To Bring ‘Advanced Thermal Protection’ to Next‑Gen EV Battery Systems
by | Apr 17, 2024

JLR—formerly known as Jaguar Land Rover—has chosen Irving-based Alkegen, a high-performance specialty materials company pioneering innovative solutions for the battery industry, for a new range of anti-thermal propagation products....

MORE
7-Eleven Closes $1B Acquisition of 204 Stripes & Laredo Taco Locations from Sunoco
by | Apr 17, 2024
The stores—which are located across West Texas, New Mexico, and Oklahoma—now join the more than 13,000 7-Eleven, Speedway, and Stripes locations that 7-Eleven operates, franchises, and/or licenses across the U.S. and Canada. Sunoco made news today, too, announcing the close of its own $181 million acquisition of European liquid fuels terminals.
MORE
Patented: Amazon’s Automated Item Handling Systems and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 9 for patents out of 250 metros for the week of March 26, 2024. 144 patents granted include: Aeris Communications' auto-immobilization of machines capable of moving, Smart Tracking Technologies' canine collar clip, Hunt Energy Enterprises' decentralized system and method for mitigation of climate change, 3M Innovative Properties Company's high transmission light control film, and Biora Therapeutics' ingestible device for delivery of therapeutic agent to the gastrointestinal tract.
MORE

Canada’s Freshslice Pizza Is Expanding to U.S. with Two DFW Locations and a ‘Royalty-Free’ Franchise Model

by | Apr 16, 2024
Freshslice CEO Ray Russell has a vision of making his company the "Starbucks of Pizza" by offering a “3 in 1” system of pizza by the slice and unlimited toppings at one price.
MORE
calendar
The Last Word: Dallas Council Member Jaynie Schultz on Proposed Improvements for Dallas’ Central Library
by | Apr 16, 2024
The Dallas Public Library's J. Erik Jonsson Central Library in downtown Dallas—one of America's largest—was built in 1982 across from Dallas City Hall, and many agree it could use an overhaul. That especially includes library officials and consultants they brought in for a report on the building's future, among other needed investments in the city's library system.
MORE
Dallas-Based TGI Fridays To Go Public via $220M Acquisition by U.K. Franchisee
by | Apr 16, 2024
Upon the deal's completion, the new combined entity would be named TGI Fridays plc and listed on the London Stock Exchange as "TGIF," with both U.S. and global operations remaining in place at the company's Dallas HQ under the leadership of CEO Weldon Spangler.
MORE
Abu Dhabi’s G42, Which Is Building an ‘AI Supercomputer’ in Dallas, Gets $1.5B from Microsoft
by | Apr 16, 2024
As UAE-based G42 nears the launch of a game-changing AI supercomputer in Dallas, it's been doubling down on its long-standing collaboration with Microsoft. Now Microsoft is going in big with a 10-figure strategic investment in the Abu Dhabi technology holding group.
MORE