Business

 

 

Sole Source Capital Portfolio Company More Than Doubles in Size With Three Acquisitions

by | Jan 5, 2022
The announcement continues a strong run for the Dallas-based industrial-focused PE firm. In October, Sole Source Capital was named a 2021 Inc. "Founder-Friendly" investor and raised $555 million in its second fund.
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Dallas-Based CBRE Acquires Buildingi to Help Companies Transform Their Occupancy Strategies
by | Jan 5, 2022
CBRE wants to help organizations think differently about how their offices work and flow. Buildingi will add to the company's strengths in occupancy planning, management, and tech services. 
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Goldman Sachs Expands Marcus’ Consumer Business Footprint in Texas
by | Jan 5, 2022
“We're building the consumer banking platform of the future and work tirelessly to be on the side of our customers,” says Jeremy Hanson, who leads the consumer business engineering team at Goldman Sachs in the Lone Star State. He's found the region to be an "untapped market" for talent.
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New Dallas International District to Turn Valley View-Galleria Area Into Global Showplace
by | Jan 4, 2022
Get ready for worlds to collide: With a plan 10 years in the making, Dallas' new International District will provide a unique home for international businesses of all sizes—along with a new 20-acre central park, international festivals, community gatherings, and a nearby PreK-12 STEAM International Academy being built by the Dallas ISD.

Funded by a public-private partnership, the district is also a testing ground for innovation with a civic smart zone and automated people mover.
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TI's new radar sensor gives automotive engineers more tools that can fuel vehicle innovation. [Source image: Texas Instruments]

New TI Sensor Tech Drives Toward a Collision-Free Future, Advancing Autonomous Driving and Vehicle Safety

by | Jan 4, 2022
Unveiled at CES 2022 in Las Vegas, the new sensor more accurately monitors blind spots and navigates turns and corners to help avoid collisions.
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North Texas Tech Platform for Auto Lenders Scores Buyout Worth Up to $115 Million
by | Jan 4, 2022
Bedford-based Payix was acquired by Atlanta's Repay Holdings Corp. to boost its position in the hot buy-now-pay-later market.
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EVERY LAST WORD 2021: The Archive
Read “who said what” in our roundup of quotable North Texans, including Perot Jain's Anurag Jain; EarthX's Trammell S. Crow; American Airlines' Doug Parker; and more.
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Dallas Invents: 91 Patents Granted for Week of Dec. 14
by | Dec 29, 2021
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: Air Distribution Technologies' variable air volume diffuser, Dell's apparatus for generation of a time-based one-time password for session encryption of sensor data gathered in low-performance and IoT environments, PD Golf's detecting lower body positions, movements, and sequence in golf swing training, Raytheon's bus monitoring system for detecting anomalies indicative of malfunctions or cyber-attacks, SmartDrive's autonomous vehicle operator performance tracking, UATP IP's wearable RFID device, and Zooz Bikes' electric bike.
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Innovative Spaces:
Capital One’s Luxe Airport Lounge Opens at DFW Airport

A photo tour of the first-ever luxury airport lounge from Capital One.
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Dallas’ Integrity Marketing Gives Its Employees $125M in Cash, Plus Equity in the Insurtech Firm for All
by | Dec 21, 2021
Integrity's CEO traveled across the U.S. to share the news in person with 2,000 of his 5,500 employees, and told the rest virtually. The employee-owned firm has achieved 100%-plus year-over-year growth for five straight years—and has shared the wealth by making total cash payouts of over $175 million to its employees since 2019.
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Capital One Flies Into Travel With Its First Airport Lounge at DFW Airport—and More Landing Soon Across U.S.
Capital One has been moving into the travel space for years, investing in travel tech firms and booking top mileage rewards partners. Now it's really taking off with its first luxury airport lounge at DFW Airport.

With more lounges coming in Denver and Washington, D.C., here's a deep look at the one at DFW's Terminal D.
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Likewize Acquires Subsidiary of One of Australia’s Largest Mobile Phone Carriers in $140M Deal
by | Dec 21, 2021
In 2021, the global tech protection company moved its HQ to Dallas-Fort Worth and completed a comprehensive rebrand. CEO Rod Millar calls the new deal "a significant acquisition" that positions the company for more growth.
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Gig Wage Hires LTK Founding Member to Lead the Launch of Its First Consumer Product

by | Dec 20, 2021
It's been dubbed the creator economy, freelancer economy, gig economy, independent economy—but to Gig Wage, it's just becoming the economy. In 2022 the Dallas-based fintech will be hyperfocused on its next phase of growth in a booming industry in need of its seamless, reliable banking platform. Kristen Blum, the new senior director of strategic brand initiatives, will be at the center of that.
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Shop with Purpose: Gift Giving to Empower Women- and Minority‑Owned Businesses in Dallas‑Fort Worth
by | Dec 20, 2021
Shopping at local small businesses is a great way to celebrate the diversity of communities. Here's a curated guide that can help Dallas-Fort Worth consumers shop with purpose.
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The Shadow CEO:
What Entrepreneurs Need to Know About the Foundational Documents of a Corporation
by | Dec 19, 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 4: Foundational documents
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Dallas PE Firm Trive Capital Promotes 3 Managing Directors and Makes 2 Executive Hires
by | Dec 19, 2021

Dallas-based Trive Capital, a private equity firm that has approximately $3.6 billion in assets under management, has promoted three team members—Andrew Frank, Nick Miner, and Tanner Cope—to managing director and expanded its operations team.

As managing directors, Frank, Miner, and Cope will be tasked with identifying and evaluating investment opportunities, performing transaction due diligence, and working with management teams to implement operational and growth strategies....

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