Business

 

 

Ohio’s FST Logistics Expands to Fort Worth with New Warehouse Facility

by | Nov 5, 2024
FST Logistics said its nearly 400K-SF new warehouse in Fort Worth will significantly increase its total storage capacity and enable the company to provide faster, more efficient supply chain solutions to its growing customer base in the southern U.S. region.
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Dallas-Based MODE Global Acquires Jillamy’s Freight Brokerage Division
by | Nov 5, 2024
Under the deal, MODE Global said it will gain more than 200 employees and add facilities in Pennsylvania, Arizona, Florida, Texas, Illinois, South Carolina, Maryland, and Ontario to its existing national footprint.
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Siemens Acquires Industrial Simulation Software Co. Altair Engineering in $10 Billion Deal
by | Nov 5, 2024
Germany-based Siemens' industrial software business, Siemens Digital Industries Software, is based in Plano. Its EVP and CFO Timo Nentwich called the acquisition "a major milestone" for the North Texas-based business and its Xcelerator digital twin platform.
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The Last Word: U.K.-Based Black Sheep Coffee Co‑CEO on Entering U.S. Market in North Texas
Coffee with a British accent is politely muscling into North Texas, as anyone driving down East Mockingbird Lane in Dallas this week could tell you. Founded in London, England, in 2013 by college friends Gabriel Shohet and Eirik Holth, Black Sheep Coffee has 110 restaurant locations in the U.K., France, the United Arab Emirates, and Philippines. That total includes the newly opened 6240 E. Mockingbird location (housed in a former bank building) and one at Preston Parkway Center in Plano, which opened a few months ago. 
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Dallas’ Thryv Holdings Closes $80M Acquisition of Arizona-Based SaaS Solutions Provider Keap

by | Nov 4, 2024
Thryv—which offers a "do-it-all" small business software platform that empowers small businesses to modernize how they work—said the strategic move signals its commitment to expanding its suite of software offerings and building on its position as a leader in the SMB SaaS space.
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North Texas’ Harbor and Eden Green Named to TIME’s 2024 Best Inventions List
by | Nov 4, 2024
Babies and herbs are sprouting up daily in North Texas—and two local companies have come up with innovative ways to monitor, nurture, and care for both. Now Dallas "smarter" baby monitor startup Harbor and Cleburne-based vertical farming company Eden Green Technology have had their tech honored in TIME Magazine's Best Inventions of 2024.
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FROM OUR PARTNERS

The Truth About M&A in Big D
Grant Thornton weighs in on perception versus reality of dealmaking in Dallas-Fort Worth. 
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TEGNA Names Veteran Station Exec as President and GM of Dallas’ WFAA and KFAA
by | Nov 1, 2024
With her promotion to her new role, Carolyn Mungo is responsible for overseeing the stations’ operations across all platforms, as well as community outreach efforts and driving results for advertisers.
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North Texas’ AMN Healthcare Names Veteran HR Exec as Chief People Officer

by | Nov 1, 2024
Watt brings more than two decades of strategic and operational experience to the Coppell-based healthcare staffing company, where she will lead the human resources function following the recent retirement of Carolyn Kenny.
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Dallas’ MEF Expands Enterprise Leadership Council from 4 to 14 Members
by | Nov 1, 2024
The global consortium working to accelerate digital transformation said its leadership council, formed a year ago, now includes executives from sectors ranging from entertainment and financial services to technology, healthcare, and consulting.
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The Last Word: On Vivek Ramaswamy’s Strive Enterprises Relocating Its HQ to Dallas
by | Nov 1, 2024
Strive Enterprises—a financial services firm co-founded in 2022 by former GOP presidential candidate Vivek Ramaswamy—has announced its headquarters relocation from Columbus, Ohio, to Dallas. Paired with its HQ move, Strive announced Friday that it’s launching its wealth management business in Dallas as well, in the wake of its recent close of a $30 million Series B financing round led by New York-based Cantor Fitzgerald.
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Dallas’ Stellar Service Brands Announces CEO Promotion
by | Nov 1, 2024
New CEO Jessica Wescott joined the multi-brand franchisor in June 2022 as chief operating officer and chief financial officer.
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Vivek Ramaswamy’s Strive Enterprises Relocates to Dallas, Launches Bitcoin-Focused Wealth Management Business

by | Nov 1, 2024
Founded in 2022, financial services firm Strive announced its relocation from Columbus, Ohio, to Dallas along with today's launch of its new wealth management business. Governor Greg Abbott cited the move as one more reason that "Y'all Street is growing rapidly in Dallas."
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Dallas Horticulture Investor Alta Arbor Gets Strategic Investment from Jones Capital
by | Oct 31, 2024
Lance Gurley, managing partner of Alta Arbor, said the partnership has the potential to leverage Jones Capital's resources and expertise to accelerate Alta Arbor's horticulture business-focused growth strategy.
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Dallas-Based Improving Acquires Leniolabs, Boosting Its South American Software Development Services
by | Oct 31, 2024
Improving said its acquisition of St. Petersburg, Florida-based Leniolabs is expected to increase its annualized revenue to exceed $265 million, while expanding its software development services into South America.
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Fireball Whisky To Collect Fans’ Tears After Nov. 10 Cowboys-Eagles Game
by | Oct 31, 2024
This is how bad it's gotten for anxious, wary Cowboys fans this season: Fireball Whisky will collect fans' tears after the Nov. 10 Cowboys-Eagles game at AT&T Stadium to help fuel its limited-edition launch of Crierball. Now that's what we call a shot.
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