Business

 

 

Dallas Unicorn Makes First-Ever Fortune Cyber 60 List

by | Dec 20, 2023
Browser pioneer Island is one of just two companies in Texas to make the list, which identifies the fastest-growing startups in the hot cybersecurity field.
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Dallas CPA Firm Gummer Group Acquired by Houston’s Calvetti Ferguson
by | Dec 20, 2023
With the Gummer Group team added, the combined Dallas-Fort Worth offices of Calvetti Ferguson will have over 75 employees.
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Lewisville’s Gold Medal Pools Makes 4th Acquisition in 4 Months
by | Dec 20, 2023
Gold Medal said its acquisition of Keller-based Klapprodt Pools is a significant milestone in its long-term growth plan, which provides substantial resources to pool company owners seeking growth, funding, or an exit strategy.
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Fort Worth Kicks Off 20-Year Convention Center Expansion With $95M Phase 1
by | Dec 20, 2023
The city says the multi-phase expansion is "finally underway" to upgrade facilities, increase capacity, and deliver an elevated experience for Fort Worth’s $3 billion annual visitor industry.
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Patented: University of North Texas’ Remote Smell Technology and More North Texas Inventive Activity

Dallas-Fort Worth ranked No. 12 for patents out of 250 metros. 125 patents granted for the week of Nov. 11 include: PurWorld Technologies' methods of chemically disinfecting a vehicle, University of North Texas' remote smell technology, Baxter Healthcare's renal therapy system and machine, RPOD Tech's offloading cargo from tank trailers, Toyota's vehicle noise reduction for vehicle occupants, United Services Automobile Association's distracted driving detection and mitigation, and more.
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Dallas’ Employer Direct Healthcare Gets $92M Investment, Valuation Hits $1 Billion
by | Dec 19, 2023
"EDH represents the next generation of value-driven healthcare, attacking the largest sources of spend for U.S. employers—surgery and cancer—with a laser focus on quality and cost for clients and their employees," said Scott Barclay, managing director at Insight Partners, which made the $92M secondary investment.
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Plano-Based ERP Logic Rebrands as Nobl Q, Acquires Jeevan Technologies
by | Dec 19, 2023
With the acquisition of Jeevan, SAP and cloud solutions provider Nobl Q says it's transforming into a "boutique global services firm with a strong emphasis on AI." Noble Q's new co-chairman is Jeevan Chairman and CEO Nepoleon Duraisamy—a former Minister of State for Social Justice and Empowerment of India who has been an actor in around 150 Indian movies.
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Dallas’ Rone Engineering Acquired by California-Based RMA Companies
by | Dec 19, 2023
Founded in 1972, Rone has provided expert professional services on some of Texas’s most iconic engineering projects—including the DFW Connector, the Midtown Express, the Gates of Prosper 800-acre mixed-use development, and the Medical City Dallas expansion.
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Dallas-Based JSX Aims To Acquire Over 300 Hybrid-Electric Aircraft with 2028 Delivery Start

by | Dec 19, 2023
JSX—which calls itself "the world's only 5-star hop-on jet service"—flies out of Dallas Love Field and offers 41 point-to-point flights across the U.S. Its agreements to acquire up to 322 Electra, Aura Aero, and Heart Aerospace hybrid-electric aircraft aim to help its goal of "leading the charge for green regional air travel."
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The DEC Network Marks a Decade of Driving Innovation in North Texas with 2023 Impact Report
by | Dec 18, 2023
“The currency of our mission is still job creation in parts of the city that really need jobs," Bill Chinn, CEO of DEC Network, told Dallas Innovates.
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The Last Word: Frisco Mayor Jeff Cheney on Leading Texas in Number of Roundabouts
by | Dec 18, 2023
Frisco is the No. 1 city in the Lone Star State and the No. 7 city in the U.S. in its number of roundabout intersections. That's according to a story by Susan McFarland in the Dallas Morning News. Citing data from Kittelson & Associates, the DMN says Frisco has 61 roundabouts, with four more under construction and 16 in the design phase.
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Highlander Partners Announces Brands Merger, Pretzilla Spinout
by | Dec 18, 2023
The merger of Benestar Brands with Palmex S. de R.L. de C.V. creates a powerhouse in the North American salty snack industry, Highlander said—positioning the combined entity as one of the leading providers of Hispanic and better-for-you salty snacks.
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Elixirr Acquires Management Consultancy Insigniam

by | Dec 18, 2023
London-based Elixirr—which has an office at HALL Park in Frisco—said the deal marks the latest step in the firm's strategy to diversify its service offering, expand its global presence, and become the fastest-growing U.S. challenger consultancy in 2024.
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Dallas-Based Tricolor Foundation Announces $200K In Gifts To Support Higher Education in Hispanic Communities
by | Dec 18, 2023
“Our mission is to clear the path so that every member of our Hispanic communities has the opportunity to reach their full potential," said Regina Montoya, the foundation's executive director.
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12 Acres in Addison Acquired for Planned Addison Innovation Center
by | Dec 18, 2023
“There is pent-up tenant demand for functional industrial space in infill Dallas,” said Colby Everett, director with Houston's Lovett Industrial, which acquired the Addison property along with Dallas-based Rosewood Property Co. "We look forward to partnering with the city of Addison to retain and attract great companies," Everett added.
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Investment Firm TPG Inc. Expands its Board of Directors
by | Dec 15, 2023
Nehal Raj and Jeffrey Rhodes serve as co-managing partners of TPG Capital, the firm’s U.S. and European private equity business, and Jim Baumgarten as co-managing partner of TPG Angelo Gordon, the firm’s diversified credit and real estate investing platform.
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