Business

 

 

Dallas-Based ParkHub Acquires NYC Valet Parking Solutions Co. ElimiWait

by | Feb 13, 2025
ParkHub said it will incorporate ElimiWait’s innovative valet management tools—including Valet Mate, a contactless, paperless end-to-end mobile valet solution, and a Request Ahead platform—into its suite of offerings.
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Tech-Driven Ice Cream Truck Franchise Expands to DFW with App-Based Visits
by | Feb 13, 2025
North Carolina-based Alsies had a cool idea to transform ice cream trucks. It offers an app-based way to track truck locations, get proximity notifications, and even have the option to call a truck directly to your location. Here's when the first trucks will roll into Dallas.
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Taking on ‘Y’all Street’: New York Stock Exchange to Launch NYSE Texas
by | Feb 12, 2025
In a move that serves to counter the planned launch of the Texas Stock Exchange, the NYSE said it will reincorporate NYSE Chicago in Texas and rename it NYSE Texas, with headquarters in Dallas. The news set both Wall Street and Y'all Street buzzing, with Gov. Greg Abbott saying the launch will "cement our great state as an economic powerhouse on the global stage."
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Serving Up a Social Mission, Ruthie’s Cafe Opens in South Dallas
by | Feb 12, 2025
Founded in 2011 by Ashlee Kleinert as one of Dallas' first food trucks, Ruthie's Fueled by Good became famous for its grilled cheese sandwiches and pro-social mission. Now, under Kleinert's Good Foundation umbrella, Ruthie's has its own brick-and-mortar address and a continuing mission to help the community it serves.
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Teladoc To Acquire Dallas-Based Catapult Health for $65M Cash

by | Feb 12, 2025
Founded in 2010 by CEO David Michel, Catapult Health offers an at-home wellness exam featuring everything members need to collect a blood sample, check blood pressure, and provide other health screening information, followed by a virtual visit with a licensed nurse practitioner.
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From left: Co-founder and CEO Mike Fey and co-founder and chief technology officer Dan Amiga. [Image: Islands]
Dallas-Based Island Valued at $4.5B Following Latest Funding Round
by | Feb 12, 2025
New funding led by New York-based Coatue Management has turned Island—a pioneering category leader in cyber-secure enterprise browsers—into a quadruple unicorn. The move comes just three years after Island emerged from stealth with a game-changing browser, over 100 employees, and nearly $100 million in funding.
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The Last Word: How Advanced Therapies Week 2025 Positioned Dallas as a Life Sciences Leader
by | Feb 12, 2025
Advanced Therapies Week 2025—a conference focused on the latest innovations in cell and gene therapies, regenerative medicine, and other biotechnologies—attracted industry leaders, researchers, and visionaries to Dallas' Kay Bailey Hutchison Convention Center in late January. Organized by London-based Phacilitate, the 4-day conference acted as a "collaborative hub" showcasing the intersection of cutting-edge science, transformative healthcare solutions, and dynamic regional collaboration.
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Patented: American Airlines’ Virtual Measurement System for Baggage Management and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 10 for patent activity out of 250 metros for the week of Jan. 7 with a total of 156 patents granted.
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DFW-Based Yum! Brands Exec Named President of ‘Byte by Yum!’ SaaS Platform

by | Feb 11, 2025
Yum! Chief Digital & Technology Officer Joe Park will serve as president of Byte by Yum!, a tech platform enabling easy-to-manage operations across the company's Taco Bell, KFC, Pizza Hut, and Habit Burger & Grill brands.
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Tech Titans Names Qorvo Exec as Board Chair, Announces New Board Members
by | Feb 11, 2025
Marvin Harris Jr. was a foundry engineer for TriQuint Semiconductor for 17 years until it merged with Qorvo, where he has served for nearly nine years.
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Southwest Airlines Names Former Breeze Airways President as EVP and CFO
by | Feb 11, 2025
Most recently, Tom Doxey was president of Breeze Airways, where he led the airline through a successful transformation from a startup to profitability in under two years, Southwest said.
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DART Announces ‘DART Transform’ Modernization Program Including New Trains, Buses
by | Feb 11, 2025
DART's modernization program will focus on five core elements: vehicles, stations and passenger facilities, resiliency, a unified signaling system, and operating facilities.
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Draper Richards Kaplan Foundation Names Kanarys Co‑Founder and CEO as a Managing Director in Dallas

by | Feb 10, 2025
Mandy Price, who will be based in the foundation’s Dallas office, will play a lead role in sourcing new investments for the foundation’s portfolio organizations and will work as an operating partner and board member for those organizations. DRK is one of the largest global venture philanthropy firms dedicated to supporting early-stage, high impact social enterprises.
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Dallas’ Building Controls & Solutions Acquired by Platte River Equity
by | Feb 9, 2025

Dallas-based distribution company Building Controls & Solutions has been acquired by Platte River Equity, a Denver private equity firm. The seller was Fort Worth-based LKCM Headwaters Investments, which founded BCS in 2019.

Terms of the deal weren’t disclosed.

Platte River makes control investments in North American industrial companies.

BCS, which has 24 branches across the United States and Canada, is a value-added distributor of building controls, automation, gas detection, and energy management solutions for commercial buildings....

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Aligned Data Centers Announces 4 Key Leadership Moves
by | Feb 6, 2025
Plano-based Aligned is a leading technology infrastructure company offering innovative, sustainable and adaptive scale data centers and build-to-scale solutions for global hyperscale and enterprise customers.
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Dallas InsurTech Platform Bestow Hires Chief Product Officer, 2 New VP’s
by | Feb 6, 2025
Bestow said its hiring of CPO David Malenoir-Evans and VPs Doug Brewster and Pete Schiller reinforces its ability to "unlock digital transformation and growth across the life insurance industry."
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