Business

 

 

DFW’s Rio Mambo Tex Mex y Mas and THE RIM Scratch Craft Eats Acquired by California Co.

by | Mar 2, 2023
California-based Xperience Restaurant Group has acquired two restaurant brands from DFW-based RM Restaurant Group: Rio Mambo Tex Mex y Mas and THE RIM scratch craft eats, with locations in Fort Worth, Colleyville, Burleson, and Weatherford. “Building and operating these restaurants has been a passion of mine for over 22 years," said RMRG founder Brent Johnson.
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Richardson Coffee Co. Partners with Japanese Innovator to Tackle Plastic Waste With TiMELESS Tech
by | Mar 2, 2023
Called TiMELESS, the new flexible film sealing technology eliminates the need for one-way plastic degassing valves common in the coffee packing, pet food, and various other industries. "TiMELESS technology has the dual advantage of helping to ensure optimum freshness in our U.S. and Mexico coffee products while simultaneously contributing to the reduction of plastics and providing more eco-conscious coffee to the world," said Masa Higashida, CEO of Richardson-based NuZee.
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Invitation Homes Promotes Exec to President, Chief Operating Officer
by | Mar 2, 2023

Dallas-headquartered Invitation Homes Inc. has promoted Charles Young to president and chief operating officer.

Dallas Tanner will continue in the role of chief executive officer, Invitation said.

“We are extremely pleased to expand the role Charles plays in the organization. Over the last decade, he has been an integral leader in helping Invitation Homes and a predecessor company build a robust business and a strong team,” Tanner said in a statement....

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Dallas Fintech Zirtue Expands Its Platform to Include Existing Loans
by | Mar 2, 2023
The startup aimed at formalizing lending among family and friends adds a feature to ensure “paper-napkin IOUs” are less likely to damage relationships. “There are a lot of lenders out there that have multiple people that they’ve loaned money to,” says CEO and co-founder Dennis Cail. “And they’re like, ‘Look, if I have a chance of getting one of those loans paid back, it’s worth it.’"
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An ‘AR Dirk’ Will Be On Tap at Nowitzki in DFW Airport

by | Mar 1, 2023

For most travelers, DFW Airport’s Terminal C is just a way to get someplace. But this summer it’ll get its own destination: Nowitzki, a new, high-tech bar and restaurant concept steeped in the brand power of the Dallas Mavs legend.

You may not see Dirk himself there, but you’ll be able to take a “virtual selfie” with an AR version of him thanks to tech from Frisco-based Aireal....

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Comerica Inc. Adds 2 Dallas Leaders to its Board of Directors
by | Mar 1, 2023
United Way's Jennifer Sampson will serve as a member of the board's Enterprise Risk Committee, and American Airlines' Derek Kerr will serve as a member of the board's Audit Committee.
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Park Cities Asset Management Acquires Elevate Credit Inc. for $67M
by | Mar 1, 2023

Elevate Credit Inc., a Fort Worth-based tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, has been acquired in a deal valued at $67 million by Dallas-based Park Cities Asset Management LLC, an alternative asset manager focused on providing flexible capital solutions.

“Elevate is pleased to join Park Cities as we embark on an exciting new chapter, one that will allow us to better serve our customers and drive innovation within our business,” Elevate CEO Jason Harvison said in a statement....

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The Center for American and International Law Names First Woman to Leadership in the Institute for Energy Law
by | Mar 1, 2023

Vickie Adams has been promoted to director of the Institute of Law and Technology and co-director of the Institute for Energy Law, The Center for American and International Law announced....

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Republic National Distributing Launches ‘Powered by Women’ Campaign and NFT Auction

by | Mar 1, 2023
Republic National Distributing, a Grand Prairie-based beverage alcohol distributor, is kicking off Women’s History Month with “Powered by Women,” a campaign honoring female pioneers in the wine and spirits industry. As part of the campaign, scholarship funds will be raised via an NFT auction. Throughout March, Republic will auction off custom-made digital collectibles (including the above) designed by digital artist Chelsy Escalona.
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Tyler Technologies
Tyler Technologies Acquires Massachusetts Real Estate Appraisal Company
by | Mar 1, 2023
Tyler Technologies—whose headquarters campus is in Plano (above)—has acquired Massachusetts-based Safeground Analytics, a company providing real estate appraisals and assessments for states, counties, and municipalities. “Tyler has been the leader in the appraisal market for more than 80 years, and we remain committed to strengthening our service offerings in this space,” said Mark Hawkins, president of Tyler’s Property & Recoding Division.
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China-Based ‘Smart Solar’ Company Launches North American Subsidiary in Plano
by | Mar 1, 2023
Hoymiles Power Electronics, a leading global "smart solar" supplier based in China, has announced the opening of its first U.S. subsidiary in Plano, north of Dallas. Founded in 2012, the company says it empowers homeowners and professionals in more than 110 countries and regions to join the journey to what it calls "open energy for all."
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Dallas’ Compass Datacenters Teams Up with Luminosity Gaming
by | Mar 1, 2023
Calling it "a first-of-its-kind" partnership between the data center and online gaming industries, Dallas-based Compass Datacenters announced that it's teaming up with Toronto-based Luminosity Gaming. Raymond Hawkins, Compass’ chief revenue officer, says the partnership "will put a spotlight on how essential data centers are to gaming, and how gaming is driving tremendous cloud innovation."
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Dallas Fort Worth company's ranked for revenue growth on Fortune Magazine's list.

53 North Texas Companies Make Inc.’s Fastest-Growing in Southwest List

by | Feb 28, 2023
Dallas-Fort Worth companies snagged nearly 33% of the 166 rankings on the Southwest list. "This year's Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America's off-the-charts growth companies," said Inc. Editor-in-Chief Scott Omelianuk. "They're disrupters and job creators, and all delivered an outsize impact on the economy."
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Greyhound and FlixBus Raise the Bar for Intercity Bus Travel With Shared Booking Platform
by | Feb 28, 2023
Flix said the co-integration of the booking platforms, along with new product features, can make for an "overall better travel experience" for customers across the companies' nearly 2,300 destinations. Features include reserved seating, new payment methods such as ApplePay and GooglePay, carbon offset credits, free Wi-Fi and onboard entertainment, and more.
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Toyota’s Way Forward Fund Aims to Boost Recovery from Traumatic Brain Injuries
by | Feb 28, 2023
Grants totaling $8.5 million will be made available in the initiative's first year, focused on helping children with traumatic brain injuries. "With the guidance of our expert advisors, we want to help strengthen and expand access to support systems for children with traumatic brain injuries as well as their families," said Tellis Bethel (above), chief social innovation officer for Toyota Motor North America.
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Blue Cross Blue Shield of Texas Accepting Applications for ‘Blue Impact’ Grants
by | Feb 28, 2023

Blue Cross and Blue Shield of Texas is accepting applications for a new $2.93 million grant program as part of a refreshed community investment strategy focused on social determinants of health....

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