Business

 

 

The Water Cooler at Pegasus Park Gathers 15 New Tenants for Its Social Impact Hub in Dallas

by | Oct 14, 2021
The Water Cooler at Pegasus Park—the largest shared nonprofit space in Texas — is a place designed to accelerate impact, together.

From Big Thought to SVP Dallas to The Trust for Public Land, the 15 ‘exceptional nonprofits' were picked after an application process last summer. They’ll join Water Cooler's five founding tenants.
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Dallas’ Sole Source Capital Raises $555M for Its Second Industrial-Focused Fund
by | Oct 13, 2021
With the "significantly oversubscribed" fund round, Sole Source now has over $1 billion under management. It's already made investments in three portfolio companies through the new fund: Dallas Plastics, Peak Technologies, and I.D. Images. Founder and CEO David Fredston says his firm's "investment process and commitment to human capital can deliver great results."
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Texas-Based GP Capital Partners Launches $275M Small Business Fund—With a Key Focus on Texas Companies
by | Oct 13, 2021
Structured as a Small Business Investment Company (SBIC) through the U.S. Small Business Administration, the fund aims to fuel the growth of privately held, lower middle market businesses in the southern U.S.—with a particular focus on businesses in Texas and the Gulf Coast.
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Founder capital in Dallas Fort Worth
6 Dallas Private Equity Firms Make Inc.’s ‘Founder-Friendly’ Investor List
by | Oct 13, 2021
The Dallas firms are among 14 Texas shops "that founders will love" on Inc.'s 2021 list of private equity and venture capital firms.

Inc.'s list of 146 founder-friendly investors is its biggest yet.
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Dallas Invents: 93 Patents Granted for Week of Sept. 28

by | Oct 13, 2021
Dallas-Fort Worth ranked No. 12 for patents out of 250 metros. Patents granted include: 7-Eleven's detection of shelf interactions using a sensor array, American Airlines' graph network model to determine a gate pushback time, Atense's virus immune computer system and method, AT&T Intellectual Property, Cricket Wireless LLC's method for detecting and acting upon a violation of terms of service, Texas Instruments' financial transaction system with sensors and tamper detection, and TMGCore's autonomous vehicle that can map a facility and navigate its way to a particular liquid cooling system.
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Plano’s Tyler Technologies Appoints New CIO
by | Oct 12, 2021

Plano’s Tyler Technologies, the leading public sector provider of integrated software and technology, has added IT leader Kevin Iwersen to its team as chief information officer....

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MD7 Names a New CTO
by | Oct 12, 2021
MD7 is gearing up for "double-digit growth" as 5G rolls out. The mobile infrastructure consultancy recently announced its corporate relocation from San Diego to Allen.
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Signature Biologics President and COO Chloe Bailey
Irving-Based Biotech Joins Rare Disease Company Coalition to Support Innovation in Life Science
by | Oct 12, 2021
Rare is not that rare, says the RDCC. One in ten people lives with a rare disease, and the new coalition will unify life science companies dedicated to developing treatments. The goal? To inform policymakers of the unique challenges in the space.

Signature Biologics joins Dallas-based Taysha as a member of the RDCC.
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A New 24-Story, Class AA Office Tower Is Coming to Plano’s Legacy West

by | Oct 11, 2021
One major tenant will be global tax services and software provider Ryan LLC, which will be moving its HQ from the Galleria in Dallas.

Designed by Gensler, the tower is expected to break ground early next year.
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Former RedBird Capital Partner Launches Braemont Capital, a New ‘Relationship-Driven’ Equity Firm
by | Oct 8, 2021
Robert Covington, a former partner at RedBird Capital Partners, announced the launch of Braemont Capital, a new relationship-based investment firm with offices in Dallas and New York City.

The new firm will focus on defensive growth niches in both enterprise and consumer end markets, typically investing between $25 and $200 million of equity capital.
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The Future of Medical Education
Learn the ways medical school classrooms are looking more and more futuristic by incorporating simulation learning into their curriculums.
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Plano-Based Frito-Lay Invests in Its Manufacturing Sites, Hiring Nearly 15,000 Frontline Workers in 2021
by | Oct 7, 2021
The snack company says the hirings are enabling it to meet strong consumer demand—and are filling increased job openings due to Frito-Lay expansions, new go-to-market strategies, and backfilling vacant postings. The average pay for its supply chain employees is $22.48 an hour, with an opportunity in some roles to earn up to $43.32 an hour.
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UNT Health Science Center Gets $50M to Use AI to Rectify Health Disparities

by | Oct 7, 2021
The award from the National Institutes of Health will help HSC lead the AI/Machine Learning Consortium to Advance Health Equity and Researcher Diversity, or AIM-AHEAD, program. The effort will bring together experts in community engagement, AI/ML, health equity research, data science training, and data infrastructure.
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The Gild: Dallas’ Iconic Gold Office Towers to Get a New Name and a Multimillion-Dollar Redo
by | Oct 7, 2021
Campbell Centre in Dallas will be transformed—and have a new identity as The Gild. New owner Fenway Capital Advisors today unveiled plans for the redevelopment and rebrand of the two 20-story towers.
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4 Dallas Innovators You Need to Know Today—and Why
Here's people from UT Dallas, NuVinAir, Caris Life Sciences, and Bottle Rocket who are making moves.
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Dallas’ LOOK Cinemas Plans to Redefine the Moviegoing Experience Post-COVID
by | Oct 6, 2021
Here's how LOOK Dine-In Cinemas CEO Brian Schultz—best known for founding Studio Movie Grill—plans to totally transform the dine-in cinema experience with a tech-first concept that's rapidly expanding across the country.
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