Business

 

 

From Coachella to Toyota: How Fort Worth’s Social Factor Is Rocking ‘Human Connection’

In the last 18 months, Social Factor has doubled its revenue and grown to 100-plus employees by helping brands turn "digital chaos to human connection."

This year, the team conquered Coachella for a second time, managing live chat for the official YouTube streams of the festival. Here's how it "stands ready to conduct the digital mosh pits" to come.
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Fort Worth’s Dickies Arena Named by Billboard as One of World’s Top-Grossing Venues
by | Jun 20, 2023
Billboard Magazine's Mid-Year Touring Report has placed Fort Worth's Dickies Arena near the very top of the world's top-grossing venues for arenas seating 10,000 to 15,000. The mid-2023 report lists a total gross revenue of $39.9 million for Dickies Arena, placing it No. 2 on the global list after only Glasgow, Scotland's OVO Hydro Arena, which snagged $40.4 million. See the other top U.S. venues that Dickies just dusted.
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Dallas’ SpotSee Makes Second Sensor Co. Acquisition Within 2 Weeks
by | Jun 17, 2023

Dallas-based SpotSee announced that it acquired unique temperature indicator technologies and intellectual property from Sensor International in May. SpotSee is a global leader in environmental condition monitoring solutions, and the deal represented SpotSee’s second acquisition within two weeks....

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Varsity Brands Hires New EVP, Chief Supply Chain Officer
by | Jun 16, 2023
Joe Raines will work to help Varsity realize the benefits of scaling its platform while improving the performance of operations across its three businesses—BSN SPORTS, Varsity Spirit, and Herff Jones.
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Stream Realty Partners Adds Industry Vet as Executive Vice President

by | Jun 16, 2023
Industry veteran Perry Wood says he aims to leverage Stream Realty Partners' entrepreneurial agility and robust resources to keep clients ahed of challenges and in front of opportunites, backed by the firm's "best-in-class locker room."
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Growth Advisory SBI Appoints Veteran Marketer to Its Board of Directors
by | Jun 16, 2023
CEO Mike Hoffman says new board member Lisa Johnston has a "profound understanding of the nuances involved" in SBI's current growth phase, which is crucial to advancing the firm's consulting services and newly updated subscription advisory offering, SBI Pro.
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Comerica Launches ‘Convenient Capital’ Lending Platform for Small Businesses
by | Jun 16, 2023
Built in collaboration with Amount, a leading digitally enabled lender and credit solutions provider, the Comerica Small Business Convenient Capital platform was created to serve small business customers nationwide with loan needs up to $100,000.
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RumbleOn Names Interim CEO, Resolves Proxy Matters Ahead of Annual Meeting
by | Jun 16, 2023
RumbleOn, the pioneering tech-powered powersports platform, has appointed Mark Tkach, co-founder of RideNow powersports group, as interim CEO as the company searches for a permanent CEO. The announcement comes in the wake of Marshall Chesrown's resignation.
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India’s Persistent Systems Opens Global Private Equity Hub in Plano

by | Jun 16, 2023
With 22,750 employees in 21 countries and $1 billion in annual revenue, Persistent cited Dallas-Fort Worth's prominence as the third-largest U.S. market for private equity firms after New York and Chicago as it opened its new Plano global PE hub.
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Texas Growth Spurt: California Garden Center Chain to Put Down Roots in Prime Spot Near Buc-ee’s in Melissa
by | Jun 15, 2023
After opening its first Texas store in Irving earlier this year, Green Acres has plans for further growth in the region, with sites already purchased for Southlake and Frisco stores.
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Bridge Labs at Pegasus Park Aims to Boost the Region’s Burgeoning Life Sciences Ecosystem
by | Jun 15, 2023
The $110 million, 135,000 square-foot expansion at Pegasus Park—a regional hub for life sciences and biotechnology in North Texas—will offer prebuilt lab suites with the tools and flexible space needed for growth-stage life sciences entrepreneurs and companies. Demolition is underway and construction on Bridge Labs is set to begin soon, developers said.
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City of Dallas Acquires Nearly 300-Acre Big Cedar Wilderness for Park System
by | Jun 15, 2023
The "exceptional green haven" features hike and bike trails amid more than 50,000 trees. Wednesday's vote by the Dallas City Council will preserve the southwestern Dallas property in perpetuity, ensuring that future generations of Dallas residents can enjoy the benefits of nature the city has to offer.
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Dallas Is Named a 2023 ‘All-American City’ by the National Civic League

by | Jun 15, 2023
The city of Dallas was one of 10 U.S. cities to win the honor, marking its first win since 1970. The city was recognized for its efforts to engage youth in meaningful ways via the Dallas Youth Commission, the Welcoming Strategic Plan, and the Dallas Cultural Plan. See who flew to Denver to pitch the city—and why they came back with a win.
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Blackboxstocks Announces $8.5M Investment Stake in UK’s Evtec Group as Step Toward Merger
by | Jun 15, 2023
The planned merger is between Dallas-based Blackbox and Evtec Group Limited, Evtec Aluminium Limited, and Evtec Automotive Limited. The merger was previously announced on April 17. 
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Taste of Madrid: Dallas’ Si Tapas Is Expanding to Fort Worth With Crockett Row Location
Si Tapas, Ildefonso Jimenez’s charming outpost of Spain in Uptown Dallas, is bringing its long list of tempting small plates—from pan-fried blood sausage to cod croquettes to a life-giving garlic soup—to Fort Worth's five-block "urban village," Crockett Row.
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‘Texodus’: What’s Behind the Trend of Californians Moving to North Texas
A new report from StorageCafe dissects a noticeable migratory trend of Californians to the Lone Star State. Here are some reasons they're racing to get to places like North Texas—like saving over $1 million when they buy a house, for instance.
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