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Business
Fortuna Funds Co-Founders Mark Adams and Joe Sando rang the ceremonial bell at the Chicago Board Options Exchange in June. [Photo: Fortuna Funds]
Dallas-Based Fortuna Funds Launches Hedged Bitcoin ETF on Chicago Board Options Exchange
by David Seeley | Jul 23, 2025
Founded in 2024 by Dallas investment industry veterans Mark Adams and Joe Sando, Fortuna Funds launched the Fortuna Hedged Bitcoin Fund (HBTC) ETF in March, calling it "the first-of-its-kind hedged cryptocurrency fund."
by Dallas Innovates | Staff Report |
Jul 23, 2025
Dallas-Fort Worth ranked No. 12 for patent activity out of 250 metros for the week of June 17 with a total of 147 patents granted.
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by David Seeley |
Jul 22, 2025
Since being acquired for $3.5B in a 2021 take-private deal, Pluralsight has changed ownership, cut jobs, and cycled through two CEOs. Now it's relocating its headquarters to Westlake and sharpening its focus on global upskilling under new leadership.
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by Lance Murray |
Jul 22, 2025
Andrew Reutter's addition marks a significant step in Fort Worth-based Higginbotham's strategy to invest in talent that will drive the firm's continued evolution and power its next phase of growth, the company said.
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James G. Silk (left) and Thomas O. Hicks [Photos: Texas Business Hall of Fame/Beneficient]
Beneficient Appoints PE Pioneer as Chairman and Former Chief Legal Officer as Interim CEO
by Lance Murray | Jul 22, 2025
Beneficient—a tech-enabled platform that provides exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets—has appointed Texas Business Hall of Famer Thomas O. Hicks as chairman and James G. Silk as interim CEO.
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by Lance Murray |
Jul 22, 2025
On Oct. 1, City CU's David Frith will replace President and CEO Sharon Scearce. Under her leadership, City CU grew to over $650 million in assets, expanded its field of membership, enhanced the products and services portfolio, added memberships, grew loans, and achieved numerous awards for member and employee satisfaction, the credit union said.
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by Lance Murray |
Jul 22, 2025
Farmers Branch-based BCS—a leading value-added distributor of energy management, building automation, and gas detection solutions—has promoted Christopher Wenaas to COO and hired Galen Riddle as CFO.
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by Lance Murray |
Jul 22, 2025
Headquartered in Troy, Ohio, Precision Aero Corp. is a leader in the manufacturing of fusible plugs and specialty aftermarket components for safety-critical aerospace applications.
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"I’ve spent the last 16 years in this business, from starting as a waiter at a Friendly's Restaurants to owning and operating more than 30 locations across the East Coast," Kohli said on LinkedIn. "Now, I’m leveraging that experience by stepping into a new role as Chairman of the Board at BRIX Holdings." [Photo: Amol Kohli]
Expansion Ahead: Dallas’ BRIX Holdings Acquired by a Leading Friendly’s Franchisee
by Lance Murray | Jul 22, 2025
The acquisition includes the purchase of Friendly's, Clean Juice, Orange Leaf, Red Mango, Smoothie Factory + Kitchen, Souper Salad, and Humble Donut Co. Amol Kohli, leader of the group acquiring BRIX, began his career as a 15-year-old Friendly's waiter.
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by Quincy Preston and Lance Murray |
Jul 22, 2025
Backed by the Department of Defense and $200 million in private capital, the new facility helps companies prototype and scale battery technologies for both commercial use and national defense. The launch comes at a time when supply chain independence is a growing priority.
Government and industry leaders recently got a first look.
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by Lance Murray |
Jul 21, 2025
The acquisition adds its tamper-resistant sweat patch drug testing to the Colorado company’s compliance-focused product portfolio.
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by Quincy Preston |
Jul 21, 2025
The firm’s newest leader will partner with Bobby Kunkle in Dallas to deliver high-profile interior buildouts and capital improvement projects across Stream’s national footprint.
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Bill Maloney [Photo: CrossCountru Consultng]
National Advisory Firm Taps New Texas Market Leader and Dallas Office Head
by Lance Murray | Jul 17, 2025
With a Dallas office now established, CrossCountry Consulting is scaling its presence across DFW, Houston, and Austin-San Antonio. The firm says demand for CFO-focused advisory services is accelerating across the Southwest—and it’s staffing up to meet it.
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by Lance Murray |
Jul 17, 2025
Dallas-based TRG said that Kevin Wall has the ability to lead large, complex organizations and deliver results through innovation and operational excellence. Current CEO J. Scott McCall will become vice board chairman when the transition takes place July 28.
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by Lance Murray |
Jul 17, 2025
The Toronto-headquartered Byng Group operates throughout Ontario and the Mid-Atlantic region of the U.S., offering a range of services to multifamily properties and senior living facilities.
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by David Seeley |
Jul 17, 2025
The Henson Group began as a startup in a New York apartment in the wake of 9/11, and has since grown to a Dallas-based team of over 200 with offices in four countries. Now it's merged with Fort Lauderdale's myCloudDoor to form ALIANDO—aiming to "drive innovation as a force multiplier in the industry."
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