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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.
AECOM President Lara Poloni (left) and Frank Sweet, CEO of AECOM’s global Environment business [Photos: AECOM]
Dallas-Based AECOM Awarded Up to $1.5B to Support U.S. Air Force Environmental Programs
by David Seeley | Jun 4, 2025
“This contract reflects the trust our federal partners place in AECOM’s technical excellence and ability to deliver," AECOM President Lara Poloni said. "It strengthens our role in helping protect natural resources while supporting operational readiness across global installations.”
by Lance Murray |
Jun 3, 2025
Trinity Consultants, a global environmental consulting firm, said Zanjero offers specialized expertise in providing strategic water resource planning services to cities, counties, and water service providers throughout California and the Western U.S.
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by Lance Murray |
Jun 3, 2025
Improving said the acquisition of DragonSpears will significantly bolster its presence in the Midwestern United States, as well as increase its annualized revenue beyond $285 million.
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by Glenn Hunter |
May 29, 2025
In sync with the Western fashion trend, VC firm adds a bootmaker that's known for customer experience to its existing portfolio company, Rujo Boots.
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[Image sources: Bottle Rocket, DTI]
Dallas-Based Bottle Rocket and Brazil’s DTI Digital Merge to Expand Global Digital Transformation Reach
by Lance Murray | May 28, 2025
The two innovation firms—both part of WPP’s global network—quietly merged in January, bringing together product design, enterprise engineering, and nearshore delivery to serve clients worldwide.
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by Lance Murray |
May 22, 2025
Founded in 2013, RollKall provides end-to-end software that simplifies the management of off-duty programs for law enforcement and public safety agencies. One of its partnerships, since 2024, is with the Dallas Police Department.
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by Lance Murray |
May 22, 2025
The Lumen Mass Markets fiber assets included in the deal total roughly 1 million fiber subscribers across more than 4 million fiber locations in 11 U.S. states. Dallas-based AT&T expects to "roughly double" where AT&T Fiber is available by the end of 2030.
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by David Seeley |
May 22, 2025
Global digital tech services provider Movate called the deal "a major milestone" in its journey to embed artificial intelligence at the heart of its service offerings, enabling clients to unlock real-time, data-driven outcomes through cutting-edge technologies.
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Siemens has entered into an agreement to acquire Excellicon to bring its best-in-class software for the development, verification, and management of timing constraints to Siemens’ EDA portfolio of software for IC design. [Photo: Siemens Industry Software]
Siemens Acquires California-Based Excellicon for Its Timing Constraints Software
by David Seeley | May 21, 2025
"Effective timing constraints management is crucial for the overall success of semiconductor system-on-chip designs," said Mike Ellow of Plano-based Siemens Digital Industries Software. The acquisition will enable Siemens to deliver what it calls "an innovative approach" to both implementation and verification flows.
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by David Seeley |
May 21, 2025
The "revolutionary" airborne electronic attack system is slated to be deployed on carrier-based Boeing Growler jets. Work on the project will take place in McKinney and three other U.S. cities, Raytheon parent RTX said.
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by Lance Murray |
May 20, 2025
Invene said the strategic acquisition expands its capabilities beyond software engineering and it positions Invene as a full-stack innovation partner, supporting the next generation of AI-driven healthcare products from blueprint to build.
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by Lance Murray |
May 20, 2025
Dallas-area investor Joe Valdman, managing partner at Slate Hill Partners, is the CEO of Perimeter Acquisition Corp., which aims to bridge high-growth innovators with public capital across the defense sector—from military tech to space and aerospace innovation and more.
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Left: Keith Williams, managing partner and CIO at Crestline Investors; Right: Chris Semple, partner and co-head of US Corporate Credit at Crestline Investors [Photos: Crestline]
Fort Worth-Based Crestline Raises $3.5B for Its Fourth Flagship Direct Lending Fund
by Lance Murray | May 15, 2025
Crestline said its direct lending strategy provides tailored financing solutions to sponsor- and nonsponsor-backed companies across North America.
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by David Seeley |
May 15, 2025
The Adyton Operations Kit—known as AOK—gives troops instantaneous access to information, resources, supplies, and support platforms, while generating "ground-level truth" for commanders.
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by Lance Murray |
May 14, 2025
EoS has more than 175 locations open and on the way across the U.S. CEO Rich Drengberg will continue to head the company with his tenured leadership team and will retain a vested interest in the go-forward company, TSG said.
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by Lance Murray |
May 13, 2025
SMU said that with more than 67,500 donors, volunteers, and supporters, the campaign surpassed its $1.5 billion goal three years ahead of schedule. The university joins several elite universities that have concluded fundraising campaigns totaling $1.5 billion or more—including fellow ACC members Stanford, Duke, and Miami.
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