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. 

 

Dallas’ True North Advisors Acquires California-Based Blue Investment Partners

by | Jul 14, 2025
This is True North’s second acquisition since forming a growth partnership with Wealth Partners Capital Group and the Aspire Holdings platform of HGGC in January 2024.
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Eight TCU Student Ventures Split $50,000 in University Accelerator Program
by | Jul 14, 2025
TCU’s CREATE cross-campus accelerator program helped seed student startups in AI education, food technology, and lab automation after a year-long development process.
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Targeting Distressed Multifamily Opportunities, Dallas’ S2 Capital Closes New $373M Fund
by | Jul 10, 2025
S2 Capital said its new fund received institutional backing from U.S. and European investors, including global asset managers, public pension, multi-family offices, and sophisticated wealth management firms.
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Smoothie King Gets Minority Growth Investment From San Francisco’s Main Post Partners
by | Jul 10, 2025
Dallas-based Smoothie King said the partnership marks "a powerful new chapter" for the brand, positioning it for accelerated growth, innovation, and market leadership. The news comes as Smoothie King is rolling out an expanded Power Eats Menu of "protein-packed, flavorful meals" to complement its iconic smoothies.
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GameSquare Makes First $5M Ethereum Buy Under $100M Plan to Expand Crypto-Native Treasury Strategy

by | Jul 10, 2025
The Frisco gaming and media company, backed by Dallas Cowboys owner Jerry Jones and the Goff family, secured board approval for the new plan and raised $9.2 million from a stock offering, including a full over-allotment driven by investor demand.
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With Office in North Texas, Agentic AI Firm Covasant Merges with Austin’s konaAI and California’s DCube Data Sciences
by | Jul 9, 2025
Hyperabad, India-based agentic AI firm Covasant—which has a North Texas office in Plano and a U.K. office in London—aims to "directly confront adoption barriers for agentic AI" while delivering "robust, end-to-end enterprise governance solutions" through the newly combined entity, Covasant Technologies.
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Hospitality Solutions CEO Teresa Mackintosh [Photo: Hospitality Solutions]
TPG Closes Its $1.1B Acquisition of Hospitality Solutions from Sabre, Announces Tech Platform’s New CEO
by | Jul 8, 2025
Fort Worth- and San Francisco-based TPG acquired Hospitality Solutions for $1.1 billion through TPG Capital, its large-scale U.S. and European private equity platform. The company said former Trintech CEO Teresa Mackintosh has been named CEO of Hospitality Solutions.
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Align Capital Partners Acquires New York-based Legalex LLC
by | Jul 5, 2025
Align has investment teams based in Dallas and Cleveland. Legalex is an all-in-one technology-enabled platform designed to support process serving, court e-filing, skip tracing, and investigative services across all 50 states.
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Dallas’ DataBahn.ai Raises $17M Series A ‘To Redefine Enterprise Data Pipelines’

by | Jun 26, 2025
Founded in 2024, DataBahn.ai said it's "setting a new benchmark" for how modern enterprises manage and operationalize telemetry across security, observability, IOT/OT, and AI ecosystems.
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Dallas’ Unity Partners Invests in Fractional Finance, Marketing, and HR Services Firm Amplēo
by | Jun 25, 2025
Utah-based Amplēo said it's benefitting from a 170% increase in demand for fractional leaders since 2022. Over the last year, it has expanded its services by acquiring Stage Marketing, The Sales Tax People, and Peak Business Valuation.
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106-Year Old North Texas Industrial Maintenance Co. NCH To Merge with Delaware’s Solenis
by | Jun 24, 2025
Originally founded in Dallas in 1919 by Milton P. Levy as National Disinfectant Company, NCH now has 6,000 employees with distribution centers in 48 countries. Under the terms of the merger, the Levy family will become the largest minority shareholder in Solenis.
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McKinney-Based Cytracom Acquires Plano Cybersecurity Co. Tentacle
by | Jun 18, 2025
The acquisition represents "a significant advancement" in Cytracom's Security Risk Management strategy and further aligns with the company's mission to empower MSPs to grow beyond traditional IT services and embrace a more strategic advisory role, the company said.
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Texas Instruments To Invest Over $60B to Manufacture ‘Billions’ of Semiconductors in North Texas and Utah

by | Jun 18, 2025
Dallas-based TI said it's working with the Trump administration to expand its U.S. foundational semiconductor manufacturing capacity at its "fab" plants in Richardson and Sherman in North Texas, as well as in Lehi, Utah. Combined, TI’s new manufacturing mega-sites will support more than 60,000 U.S. jobs, the company said.
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Plano Consulting & Staffing Co. BGSF To Sell Its Professional Division for $99M
by | Jun 17, 2025
As a result of the acquisition by Florida-based INSPYR Solutions, Beth Garvey, the chair, president, and CEO of BGSF, will transition from her role within the company to pursue other interests, effective July 1. Interim co-CEOs have been selected, the company announced.
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Irving-Based CEC Facilities Group To Be Acquired by The Woodlands’ Sterling Infrastructure for $505M
by | Jun 17, 2025
CEC—a specialty electrical and mechanical contractor known nationwide for its work in semiconductors, data centers, high-tech manufacturing, and commercial construction—will continue to operate with CEO Daniel Williams at the helm.
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Mark Cuban’s Cost Plus Drugs Partners With 9amHealth to Expand Affordable Obesity Care
by | Jun 17, 2025
The companies announced what they described as a complete, cost-efficient option for employers looking to expand coverage for weight management and chronic conditions such as diabetes, high cholesterol, and hypertension.
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