Business

 

 

Pharos Capital Group Sells Majority Stake in Physical Therapy Group

by | Feb 16, 2023

Middle Market private equity firm Pharos Capital Group has sold its majority stake in portfolio company MOTION PT Group to Confluent Health.

Pharos is headquartered in Dallas and Nashville. No financial details were disclosed.

MOTION is a physical therapy, occupational therapy, and speech therapy company with 59 clinic locations across Connecticut, Maryland, Massachusetts, and New York....

MORE
National Mortgage Firm Planet Home Lending Opens New Office in Dallas
by | Feb 16, 2023

National mortgage lender and servicer Planet Home Lending has opened a new branch in Dallas, continuing the Connecticut-based company’s expansion of retail operations nationwide.

Planet Home Lending said the Dallas team will be led by Retail Branch Managers Tim Nolan and Jerry Frye and Assistant Branch Manager Jim Loughborough. It said they run a hands-on team of professionals committed to building a relationship-driven, boutique-style business to deliver personalized attention to each and every client....

MORE
Commercial Metals Co. Adds Industry Veteran to its Board of Directors.
by | Feb 16, 2023

Robert S. Wetherbee has been appointed to the board of directors of Irving-based Commercial Metals Co., effective March 21, bringing more than 40 years of professional experience to the company’s board....

MORE
2023 Business Trends: Dallas Innovators Look to the Future to Stay Ahead of the Game

Dallas-Fort Worth’s business innovators focus on the future and the present. From analyzing data for proactive problem-solving and devising plans for working smarter to plotting the best ways to capitalize on emerging trends, these leaders know the importance of looking forward to stay ahead of the curve....

MORE
alcohol

Southern Glazer’s Wine & Spirits Launches Incubator Academy Education Program for Diverse- and Women-Owned Brands

by | Feb 15, 2023
Southern Glazer's, headquartered in Miami with a base in Dallas, says that diverse-owned distillers and wine producers are underrepresented in the industry because they've historically lacked access to networks, representation, and industry tools and resources. Its academy's eLearning modules will give participants "valuable knowledge necessary for them to gain or expand distribution of their brands," the company said.
MORE
Lucid Private Offices Expands DFW Presence with New Class A Office in Plano
by | Feb 15, 2023
The company will occupy the fifth floor of the state-of-the-art, newly constructed class A office building at 6275 W. Plano Parkway. “Lucid Private Offices is proud to be growing and expanding during a time when many companies are scaling back," said Executive Director Tosha Bontrager.
MORE
Emerging Trends: Three Futurists Predict The Tech That Comes Next
by | Feb 15, 2023
From AI to human longevity to xTech, North Texas experts George Brody of InfoNet of Things and Anurag Jain of Perot Jain, along with Mike Bechtel of Deloitte, predict a range of emerging technologies set to transform the world in 2023 and beyond.
MORE
Merriman Anderson Architects Names Director of Hospitality, Historic/Adaptive Reuse
by | Feb 15, 2023

Jennifer Picquet-Reyes has been named director of hospitality, historic/adaptive reuse by Dallas-based Merriman Anderson Architects.

“Jennifer has a unique passion for architecture and creating new spaces,” MAA President Milton Anderson said in a statement....

MORE

Brinker International Taps Industry Vet as SVP, Chief Supply Chain Officer

by | Feb 15, 2023

James Butler has joined Dallas-based restaurant company Brinker International Inc.—parent company of Chili’s— as senior vice president and chief supply chain officer.

It’s a role in which he will oversee all supply chain functions, including procurement, food safety and quality assurance, distribution and logistics, brand program management and supply chain systems for Brinker’s corporate-owned restaurants....

MORE
The Last Word: DBCC’s Harrison Blair on the City’s New Southern Dallas Infrastructure Fund
On January 25, the Dallas City Council approved a new infrastructure investment fund for Southern Dallas, part of a batch of new incentives to spur economic development and job growth in the area. Blair says the support is vital for the community's economic development.
MORE
Bogues Group to Kick Off National Bosses and Lunch Boxes Series in Dallas
by | Feb 15, 2023

Bogues Group, a black female-owned communications and events agency, announced the latest installment in its in-person panel and networking event series, Bosses and Lunch Boxes, will take place in Dallas.

The Charlotte, North Carolina-based agency said the event, which provides men and women with a community of like-minded individuals and professional development opportunities, will be from 11:30 a.m....

MORE
Dallas-Based Tuesday Morning Files for Chapter 11 Bankruptcy Protection
by | Feb 14, 2023
One of the original off-price retailers specializing in name-brand, high-quality products for the home, the Dallas-based retailer is filing for Chapter 11 protection for the second time since the onset of the pandemic. Tuesday Morning plans to close more than half of its 487 stores nationwide—including two dozen in Texas—according to the Dallas Morning News.
MORE

Alkegen Agrees to Sell Thermal Acoustic Solutions Unit to Regent LP

by | Feb 14, 2023
Alkegen moved its corporate headquarters from New York to Dallas as it rebranded in January 2022. Its latest deal aligns with the company's long-term strategy to advance its growing portfolio of innovative technologies dedicated to sustainability and human health.
MORE
How Jeff Farris is Guiding Growth at CloudRadial, a ‘First Mover’ Startup
by | Feb 14, 2023
The Dallas company just snagged a $3 million investment from Cypress Growth Capital, positioning the 5-year-old ‘client services automation’ platform for IT Managed Service Providers to ramp up its global sales and marketing efforts.
MORE
The Last Word: American Airlines’ Robert Isom on Winning the Eco-Airline of the Year Award
Air Transport World announced today that American Airlines has been named the 2023 Eco-Airline of the Year. ATW lauded American’s work to run a more fuel-efficient operation with more fuel-efficient aircraft powered increasingly by low-carbon fuel and new technology.
MORE
City of Garland to Celebrate New Mural and Major Renovations at Valoris Health Park
by | Feb 14, 2023
A major redevelopment is underway in Garland's Medical District for Veteran Affairs—also known as Valoris Health Park—located adjacent to the Garland VA Medical Center. The renovations aim to fulfill the city’s plans for "a full-service medical district for its veterans and citizens." On Tuesday, February 28, from 3 to 5 p.m., the city will hold a mural reveal celebration and ribbon cutting to mark progress on one of the buildings in the Valoris Health Park. The 3,600-square-foot mural at 601 Clara Barton Blvd. is by Dallas artist and musician Haylee Ryan.
MORE