Follow the Money

News on capital raises, mergers and acquisitions, private equity, and grant funding across Dallas-Fort Worth. From early-stage funding to public exits, here’s a look at deals making business news in the region. 

 

Backed by CBRE IM, Plano’s Accelerate Reaches $1.26B in Capital Commitments for Its Infrastructure Site Acquisitions

by | May 7, 2026
Accelerate's latest $630 million capital raise includes additional investments from funds managed by CBRE IM and new investments from Mubadala Investment Company, Australian Retirement Trust, and other leading global investors—bringing total equity committed to the platform to $1.26 billion.
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Acquisition Forms North Texas-Based Empower EIT, Leveraging End-to-End Lithium Value Chain
by | May 6, 2026
The newly formed Empower EIT has consolidated its operations into a new 17,000-SF headquarters and innovation facility in Addison, relocating Conductive Energy’s direct lithium extraction manufacturing operations from Chicago and its laboratory and research functions from Calgary, Alberta.
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Raytheon To Produce SharpSight Radars in North Texas for Defense Supplier Blue Raven
by | May 6, 2026
Raytheon's next-gen SharpSight radar systems are built within Raytheon's McKinney Consolidated Manufacturing Center. The radar enables critical missions including "anti-surface warfare, border protection, coastal monitoring, search and rescue, and long-range surveillance," Raytheon said.
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Pappas Restaurants Integrates Irving-Based On the Border Into Its Portfolio
by | May 5, 2026
Houston-based Pappas acquired On the Border in a bankruptcy auction in May 2025. In the year since, On the Border has undergone "a sweeping menu overhaul," strengthened its operations, and focused on elevating the overall guest experience, Pappas says.
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Fort Worth’s Bell, Near Earth Autonomy To Partner on Pilotless U.S. Marine Cargo Helicopter

by | May 1, 2026
An autonomous version of Bell Textron's Bell 505 helicopter could one day swoop into battle zones, delivering critical cargo and munitions to Marines on the ground—without putting a single crew person at risk.
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Match Group Invests $100M in Map-Based Cruising Platform Sniffies, With Path to Full Ownership
by | Apr 30, 2026
The Dallas-based dating company is backing the fast-growing app—which Reuters called a Grindr rival—with an option to acquire it outright, part of an investment approach Match says it has used before, including with Hinge.
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Geoforce AssetLink Inks U.S. Army Rail Car In‑Transit Visibility Contract
by | Apr 30, 2026
The U.S. Army asset-tracking award follows Plano-based Geoforce's January acquisition of Phoenix's AssetLink Global, a pioneer in secure satellite- and cellular-enabled asset tracking and sensor integration.
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Dallas’ Great American Food Chain Completes Merger With Phoenix’s GreenMatter Biotech
by | Apr 24, 2026
Edward Sigmond—who served as chairman, president, and CEO of restaurant holding company Great American Food Chain since its 2003 founding—is stepping down with the merger. Green Matter CEO Joe H. Wicker Jr. is assuming the roles of CEO and chairman of the board of directors of the combined company.
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Dallas’ Conservation Equity Management Acquires Multi-State Mitigation Banking Portfolio

by | Apr 23, 2026
Co-founded in 2021 by hedge fund manager Kyle Bass and forestry and wildlife management expert Terry Anderson, CEM now holds 28 conservation assets spanning nine states across the American South, Midwest, and Mid-Atlantic.
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AMAROK Acquires 45% Stake in Dallas’ Evolon Technology
by | Apr 23, 2026
The partnership combines perimeter defense and AI-powered monitoring to eliminate commercial security threats, reduce losses, and offer better outcomes for customers, the companies said.
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Balerion Space Ventures Names New CFO, Establishes HQ at Old Parkland
by | Apr 22, 2026
As the VC firm nears the closing of its $200 million fund, the addition of Beau Spradling as CFO and the establishment of a permanent headquarters at Old Parkland will bolster the firm for its next phase of growth as it prepares for future funds, Balerion said.
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Fort Worth’s Terrasoul Superfoods Acquired for $48M by Colorado’s Laird Superfood
by | Apr 21, 2026
Terrasoul is a vertically integrated, branded foods platform with a broad portfolio of superfood products, including nuts, seeds, dried fruits, powders, baking ingredients, and functional beverage mix-ins.
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DataBank Snags $2B Loan To Build First 3 of 8 Data Centers South of Dallas

by | Apr 21, 2026
According to a Business Insider report, Oracle will be the tenant for all three data centers, as well as the fourth one planned at the campus in Red Oak. Tokyo-based MUFG Bank, Ltd. was the administrative agent, coordinating lead arranger, and sole bookrunner on the $2 billion loan.
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Doubling Down on Autonomy, Caterpillar Acquires Self-Driving Electric Tractor Co. Monarch
by | Apr 16, 2026
Based in the San Francisco Bay area, Monarch Tractor had been called "the Tesla of agriculture" for developing what it called "the world's first fully electric, driver-optional, autonomous smart tractor." Valued at $500 million in 2024, it has had a bumpy ride since then—leading Caterpillar to acquire its core technology, according to Bloomberg.
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TPG to Acquire Dallas-Based Learfield, a Leading College Sports Media and Tech Provider
by | Apr 15, 2026
As a "monetization engine" for collegiate sports IP, Learfield links more than 12,000 brands and over 1,200 institutions with sponsorship and media solutions, ticketing tech, licensing management, NIL strategy, and AI-enabled data platforming.
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