Business

 

 

Irving’s Builders FirstSource Announces New President/CEO as Part of Succession Plan

by | Sep 20, 2024
Peter Jackson will succeed Dave Rush, who has served as CEO since November 2022 and is retiring after 25 years of service to the company. Rush will remain on the Builders FirstSource board of directors and continue as a special adviser to ensure a smooth transition.
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Lantern, Formerly Employer Direct Healthcare, Names Teladoc Veteran as Chief Medical Officer Amid Rebranding and Division Launch
by | Sep 20, 2024
The Dallas-based specialty care platform, valued at $1 billion in 2023 and now rebranded as Lantern, has expanded its clinical team and advisory board with leaders bringing experience at Hinge Health and CVS Health. Lantern also unveiled a new division, Lantern Infusion Care, in its "promise to ensure top-tier specialty care isn't reserved for the lucky few." The moves follow a $92 million investment from Insight Partners in December.
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The Last Word: Six Flags’ ‘Chief Fright Officer’ on Turning Hit Movies into Fright Fest Attractions
by | Sep 20, 2024
It's scary enough to tiptoe through a regular haunted house. But when something pops out that gave you a heart attack during a movie—and sent your popcorn flying—the chills really kick up a notch. That's the idea behind Fright Fest, going on now through Nov. 3 at Six Flags Over Texas. Along with park-wide spooky vibes and "scare zones," there are new haunted mazes inspired by horror brands come to life: including Lionsgate and Twisted Pictures’ SAW franchise, Netflix’s Stranger Things, Warner Bros. Discovery’s The Conjuring, Legendary Entertainment’s Trick ‘r Treat, and Netflix & Legendary Entertainment’s Texas Chainsaw Massacre.
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Report: Visionary Developers Plan ‘Moonshot’ Transformation of Bank of America Plaza in Downtown Dallas
by | Sep 20, 2024
First reported by D CEO, Mike Hoque and Mike Ablon have the iconic 72-story tower and four surrounding city blocks under contract, planning a $350 million redevelopment that includes a luxury hotel, street-level enhancements, and a potential new financial district in downtown Dallas.
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Global Accelerator MassChallenge Brings MC|Innovate to Dallas for Second Year

by | Sep 19, 2024
Startups, investors, and corporate innovators will gather for the free two-day event at Pegasus Park in Dallas on September 24-25. As MassChallenge celebrates its 15th anniversary, expect a live $25K pitch competition, behind-the-scenes "founder diaries," and a special "I am an innovator" installation highlighting 15 years of startup impact.
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North Texas’ LiquidStack Secures $20M Series B to Scale its Liquid Cooling for Data Centers
by | Sep 19, 2024
LiquidStack said the investment from NYC-based investment firm Tiger Global will help expand its manufacturing footprint, scale its direct-to-chip and immersion cooling product family roadmaps, and broaden its commercial and R&D operations.
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All 25 of the Hidden ‘Baseball Forever’ Sculptures Have Been Found Across DFW
by | Sep 19, 2024
While the Texas Rangers chased a .500 season this week, Rangers fans chased something else around DFW: 25 hidden "Baseball Forever" sculptures by Dallas' Brad Oldham Sculpture. But you may as well stay put—the "scavenger hunt" has ended with all 25 bronze prizes found.
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Continental to Build Tire Distribution Center in Fort Worth with Automation, Solar, and Expandability to 1.2M+ SF
by | Sep 19, 2024
With a reported investment of $69 million, the world's No. 4 tire company will begin building the center this month on Old Burleson Road in Fort Worth. "We see the facility as a blueprint initiative for future building designs in respect of automation and renewable energy supply," a Continental executive said.
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Dallas’ Aldinger Company Acquires Michigan-Based Servo Innovations

by | Sep 18, 2024
The deal—Aldinger's fourth acquisition in recent months—expands the Dallas company's technical capabilities and strengthens its ability to provide "top-tier service" to customers across a broader range of industries, CEO Joe Moser said.
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Arlington’s 129-Year-Old Kinley Construction Expands with New Offices in Houston, Kansas City, Denver, and Seattle
by | Sep 18, 2024
"For decades, we've managed projects nationwide from our Texas headquarters," said Kinley CCO Josh Crisafulli. "With advancements in technology and communication, we realized we can effectively replicate this structure from various locations." More offices might be added to support the regional teams, he noted.
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A patent for health analysis based on ingestible sensors was assigned to CVS Pharmacy Inc.
Patented: CVS Pharmacy’s Health Analysis Using Ingestible Sensors and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 8 for patent activity out of 250 metros for the week of Sept. 3, with a total of 151 patents granted.
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Dallas’ Almaden Genomics Launches New Data Management and Informatics Service Business
by | Sep 18, 2024
Almaden—which was formerly part of IBM Research before launching as a standalone company in 2022 under Catalyze Dallas ownership—aims to complement its g.nome workflow platform with the new service business. The goal: providing solutions that streamline data analysis and management in drug discovery, diagnostics, biotech research, and more.
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Dallas-Based HEST Investments Leads $1.8M SPV Investment in Secretome Therapeutics

by | Sep 17, 2024
Baltimore-based Secretome has a presence at BioLabs at Pegasus Park in Dallas. The biotech company is at the forefront of developing "revolutionary solutions" aimed at harnessing the power of secretomes, naturally occurring molecules that promote healing and regeneration, HEST said.
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Dallas’ P10 to Acquire Madrid-Based PE Investing Platform Qualitas Funds in $63M Deal
by | Sep 17, 2024
With around $1 billion in assets under management, Qualitas Funds provides fund-of-funds, direct co-investing, and NAV financing opportunities in the European lower-middle market to more than 1,300 limited partners across the ultra-high-net-worth, family office, and institutional channels.
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Dallas-Based Match Group and Uber Partner with Nonprofit on Safe Dating for College Students
by | Sep 16, 2024
Match Group said that together, the partners have created a new guide in consultation with campus safety experts that highlights ways to date smarter and safer, both on and off campus.
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North Texas’ NCD Acquires NYC-Based, Medicare Benefits-Focused Tenure Health
by | Sep 16, 2024
Health insurance products provider NCD said the deal joins two complementary companies to form an "unmatched" platform serving health consumers' comprehensive healthcare needs. As part of the transaction, Tenure Health Founder and CEO Bret Voith will join NCD as its chief strategy officer.
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