Business

 

 

CONTI founder and CEO Carlos Vaz $150M fund

Dallas-Based CONTI Capital Launches New Fund to Raise $150M to Acquire and Develop Multifamily Properties—Vertical and Horizontal

by | Nov 2, 2021
With over $1.25B in transactions to date, CONTI's goal for the new fund is to diversify capital across a mix of multifamily assets and markets in 13 southern Sun Belt states. Target assets will include both established and new properties, including communities of single-family homes built to be rentals.
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Hire Dynamics Fuels Texas Growth With Two Recent Acquisitions
by | Nov 1, 2021
The Atlanta-based staffing firm entered the Dallas market with a new Lewisville office earlier this year.

The firm matches talent and employers in manufacturing, logistics, e-commerce, contact center, office support, and more.
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Bird is Set to Go Public With Dallas SPAC Merger
by | Nov 1, 2021
The business combination is expected to close on Nov. 4 following a final vote. When that happens, Bird has prepared a planned board of directors—featuring a big-name group of industry leaders—to support its next chapter as a public company.
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Jacobs to acquire software enabled cloud and edge analytics provider BlackLynx.
Dallas-Based Jacobs Acquires BlackLynx to Strengthen Its Cyber and Intelligence Offering
by | Nov 1, 2021
Acquiring BlackLynx expands Jacob's position to 14 of 18 U.S. Intelligence Community agencies. BlackLynx's embedded analytics platform provides real-time AI and ML image and data classification in the cloud and at the edge—deepening Jacobs' capabilities to deliver actionable, real-time insights to meet national security priorities.
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Pam Seagle, Bank of America's manager of global women’s programs

New Bank of America Platform Helps Women-Owned Businesses Find Funding Sources

by | Oct 29, 2021
Women entrepreneurs in North Texas and across the U.S. have long faced challenges in finding funding for their businesses. Now Bank of America is stepping in to help "bridge the capital gap" with its new Access to Capital platform. The online resource educates women entrepreneurs on ways they can fund their businesses, and covers more than 350 sources of capital.
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Panel: Self-Driving Trucks Find Dallas-Fort Worth Launchpoint
by | Oct 29, 2021
Dallas-Fort Worth is ground zero for the development of autonomous truck technology, thanks to the cooperation of business leaders, and local, regional, and state governments, industry leaders say.

Experts from Kodiak, Waymo, Aurora, Embark, TuSimple, and Deloitte discuss why DFW is at the center of self-driving trucking deployments—and how that's shaping the future of the global supply chain. Here's a takeaway.
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Dallas Innovation you need to know in October 2021.
DI People: JCPenney, Crestline Investors, ResMan, and More Make Moves
by | Oct 29, 2021
In this week's roundup of hires and promotions in North Texas, you'll also find news from StreetLights Residential, Southwestern Health Resources, Darling Ingredients, Mohr Partners, Knox Financial, and more.
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Fort Worth’s FirstCash to Acquire Fintech in $1.17B Deal to Enter the ‘Buy Now, Pay Later’ Payment Space
by | Oct 28, 2021
FirstCash, a pioneer in operating retail pawn shops, will use American First Finance, the fourth largest provider of point-of-sale payment solutions to underserved customers, to enter a $600 billion total addressable market.
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The Shadow CEO has expert advice for entrepreneurs on Dallas Innovates: Here's what founders need to know about distributing equity. The series bu Dennis Cagan is both a '101' and a master class for entrepreneurs who are growing a startup.

The Shadow CEO:
Deciding to Distribute Startup Equity? Here’s a Founder’s Guide

by | Oct 28, 2021
Entrepreneur, investor, and corporate governance authority Dennis Cagan shares insights on seldom-taught things an entrepreneur needs to know about equity and governance—before making needless mistakes—in the Shadow CEO series. Part 2: Equity distribution for entrepreneurs, explained
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HALL Park is expanding in Frisco, Texas.
Hall Group Begins Work on a $7B Reimagining of Frisco’s Hall Park
by | Oct 28, 2021
The redevelopment will include a new 16-story office tower, a 19-story apartment building, a 154-room boutique hotel, and a food hall—all with views of a new community park. Phase 1 has already begun: an initial $500M mixed-used project located across Warren Parkway from The Dallas Cowboys' Star development.
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Two Celebrated Golf Course Architects Are Turning a Frisco Landscape into PGA Masterpieces
by | Oct 27, 2021
Part of PGA Frisco's $500M+ "Silicon Valley of Golf," the championship-level courses will feature an East Course designed by Gil Hanse that's primed for marquee PGA tournaments. The West Course, designed by Beau Welling, is destined for smaller tournaments, PGA of America members, and everyday public duffers.
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Out of Stock: Combating the Supply Chain Challenges of Today and Tomorrow
The era of shortages and delays has created an even greater demand for mobility innovation.
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Israeli Network Automation Company Moves HQ to Dallas, Closes $32M Series A Round

by | Oct 26, 2021
BackBox will grow its operations and network management and security solutions from its new HQ in Dallas. Leading that is Andrew Kahl, an operating advisor at Elsewhere Partners—the investment firm that led BackBox's Series A—who will build out an executive team locally.
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Mark Cuban Cost Plus Drug Company Dallas Deep Ellum
Mark Cuban, Drug Czar: Mavs Owner Is Launching an Online Pharmacy to Help Solve Skyrocketing Prescription Costs
by | Oct 26, 2021
The Mark Cuban Cost Plus Drug Company is building an $11M, 22,000SF drug manufacturing plant in Dallas' Deep Ellum, aiming to "disrupt and disable big pharma." The startup plans to launch an online pharmacy selling 100 of the most commonly prescribed generic prescription drugs at a 15 percent markup plus a $3 dispensing fee.

"Our only goal is to push down the pricing of drugs for every American," the company pledges.
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PepsiCo Launches Its First Digital Hubs in Dallas and Barcelona
by | Oct 26, 2021
The hubs will create more than 500 data and digital jobs over the next three years in each of the two cities. It's the beginning of a network of collaboration to accelerate the way critical digital capabilities—AI, machine learning, and more—are developed and deployed.

The goal is innovation impact for how Pepsico's products are made, moved, sold, and delivered.
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Meet the Finalists: The Innovation Awards 2022, Presented by Dallas Innovates and D CEO
Now in its third year, the program from Dallas Innovates and D CEO honors 78 disruptors and trailblazers driving a new vision for innovation in North Texas.
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