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. 

 

Archer Review Expands Again With Acquisition of Core Anesthesia, Its Third M&A Deal in 2025

by | Aug 25, 2025
The North Texas-based healthcare learning platform—now led by CEO Dr. Tabatha Erck and recently named a Silver Edison Award winner—continues its 2025 expansion with the acquisition of Core Anesthesia, a fast-growing tool for nurse anesthetists.
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Dallas-based Trinity Hunt Partners Launches HVAC Distribution Platform With Majority Stake in Blackhawk Supply
by | Aug 23, 2025
The Dallas-based private equity firm tapped two seasoned acquisition executives to lead the Illinois-based distributor’s next phase of growth. Also in July: A second foundational investment, representing a platform launch in commercial paving.
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Caterpillar and Hunt Energy Ink Agreement to Deliver 1GW of Data Center Power Across North America
by | Aug 22, 2025
The long-term collaboration between the Irving- and Dallas-based companies aims to meet the energy demands of always-on data centers, with the first project to launch in Texas.
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North Texas Electrical Testing Co. Shermco To Be Acquired by Blackstone in $1.6B Deal
by | Aug 21, 2025
Founded in 1974, Shermco is one of the largest electrical testing organizations accredited by the InterNational Electrical Testing Association (NETA), providing comprehensive electrical system maintenance, repair, testing, commissioning, and engineering & design services.
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Merger Launches OSPRI, a Next‑Gen North Texas PCR Testing Company Backed by Up to $30M

by | Aug 20, 2025
Formed by a merger among Community Direct DX (CDx), Scienetix, and the R&D division of Advanta Genetics, OSPRI specializes in polymerase chain reaction (PCR)-based infectious disease detection. It develops and delivers advanced tools that improve access to high-quality care across key healthcare segments, the company said.
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Dallas-Based LevelBlue Closes Acquisition of Trustwave, Forming ‘World’s Largest’ MSSP
by | Aug 20, 2025
LevelBlue—formerly known as AT&T Cybersecurity before its spinout as a standalone business last year—said the deal makes it "the world’s largest pure-play" managed security services provider, with the broadest and most comprehensive portfolio of managed security, offensive security, strategic advisory, incident response, and security software.
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Local TV Mega Deal: North Texas’ Nexstar To Acquire TEGNA for $6.2B
by | Aug 19, 2025
If approved by the FCC, the merger would create America's largest local broadcasting company, with Irving-based Nexstar reaching nearly 80% of TV households across the country.
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North Texas’ StatLab Acquires 2 Pathology-Focused Companies in Germany and France

by | Aug 14, 2025
McKinney-based StatLab said the moves mark "a significant step forward" in its European growth strategy, expanding its direct commercial presence to the top four European markets: France, Germany, Italy, and the U.K.
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Batbox Scores Another $3M to Expand Its Topgolf-Style Baseball Beyond Restaurants
by | Aug 12, 2025
Batbox said this latest capital injection allowed it to secure full ownership of its core technology and IP, including key patents and software rights.
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$3.1 Million NIH Grant Backs UTA Team’s AI Push in Antibody Drug Discovery
by | Aug 8, 2025
The funding supports UT Arlington researcher Junzhou Huang, whose team recently ranked first in protein contact prediction and placed sixth overall in an international AI challenge competing against Google DeepMind, the University of Washington, and others.
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Dallas’ Advanced Process Solutions Acquired by Atlanta-Based Provest Equity Partners
by | Aug 7, 2025
APS is a precision manufacturing company serving the semiconductor and energy industries with highly engineered solutions and process equipment. It was recently recognized with Texas Instruments' Supplier of the Year award.
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Apollo Sets Stage to Deploy ‘Billions’ Through Dallas’ Stream Data Centers in Digital Infrastructure Push

by | Aug 7, 2025
With the NYC investment giant taking a majority stake, Stream Data Centers is positioned to execute on a multi-gigawatt pipeline as Apollo estimates data centers will require "several trillion dollars" of global investment over the next decade.
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North Texas’ MCS Acquires Property Preservation Company MSI
by | Aug 6, 2025
Lewisville-based MCS said its acquisition of Fort Worth-based MSI will reinforce its national footprint and further position the company as an industry leader prepared to handle all future market conditions.
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Fort Worth’s NtelCare Launches AI Radar System to Help Prevent Bed Falls in Care Centers
by | Aug 6, 2025
Following a $2.3 million seed round, NtelCare is now raising a $5 million Series A to scale its AI-driven system. Using 4D radar imaging and machine learning, the technology detects subtle “bed exit behavior” to help care centers intervene early and prevent falls among senior residents.
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JustPark Acquires Oobeo to Expand U.S. Parking Tech from Its Dallas Office
by | Aug 6, 2025
The global parking technology company, which merged with Dallas-founded ParkHub last year, says the deal is a key move in scaling its North American operations.
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