MORE►
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.
Left: T.J. Schaefer, president and CEO of Arcadia; Right: Elliott “Tony” Roosevelt Jr., Chairman and CEO of Roosevelt Resources [Photos: LinkedIn/Roosevelt Resources]
Dallas’ Arcadia Biosciences To Merge with Dallas’ Roosevelt Resources
by Lance Murray | Dec 9, 2024
Since 2002, Arcadia has focused on agricultural innovation and next-generation wellness products, including Zola coconut water and high-fiber “better for you” products. Roosevelt is a privately held oil & gas exploration and production company that's been in the Roosevelt family "for over 100 years."
by David Seeley |
Dec 9, 2024
The "revolutionary" airborne electronic attack system is slated to be deployed on carrier-based Boeing Growler jets. Work under the contract will take place in McKinney and three other U.S. cities, Raytheon parent RTX said.
MORE►
by Lance Murray |
Dec 5, 2024
United Development Funding IV provides capital solutions to residential real estate developers and regional homebuilders.
MORE►
by Lance Murray |
Dec 5, 2024
Qualthera, a new company founded by entrepreneur Donald Prentiss, has made its first acquisition—Central Drug in Victoria, Texas—and set its sights on Dallas for its second. Prentiss sees an opportunity in the shifting pharmacy landscape, where changes, including downsizing by large chains, have created service gaps that independent pharmacies could fill.
MORE►
Chris Ward, president and CEO of Heidelberg Materials North America [Photo: Heidelberg]
Irving’s Heidelberg Materials NA Acquires Giant Cement Holding in $600M Deal
by Lance Murray | Dec 3, 2024
“The acquisition of the GCHI assets will further strengthen our cementitious footprint in the growing Southeastern U.S. and New England markets,” said Chris Ward, president and CEO of Heidelberg Materials North America.
MORE►
by Lance Murray |
Dec 3, 2024
After rebuilding its platform and returning funds in the wake of the Synapse/Evolve Bank debacle, the payments platform for the gig economy announced new funding from Discover, Motley Fool, and Chartline Capital Partners, among others.
MORE►
by Quincy Preston |
Nov 22, 2024
“It’s destined to happen somewhere. I’d rather it happen here first.”
Giovanni Capriglione
Texas State Representative
Chair, Pensions, Investments, and Financial Services Committee
…on the potential for Texas to create a Bitcoin strategic reserve ahead of federal initiatives, speaking at the Texas Blockchain Summit in Dallas this week....
MORE►
by Lance Murray |
Nov 21, 2024
Headquartered at Dallas' Pegasus Park, Forte Biosciences is developing a proprietary molecule with potentially broad autoimmune and autoimmune-related applications.
MORE►
Stetson Wright gets airborne. [Photo: Teton Ridge/Cowboy Channel]
Fort Worth’s Teton Ridge Acquires The Cowboy Channel and Lassoes The Cowgirl Channel, Too
by Lance Murray | Nov 20, 2024
A leader at the intersection of Western sports and entertainment, Teton Ridge has acquired the properties from Omaha-based Rural Media Group. "This is a defining moment that solidifies Teton Ridge as an authority in Western sports and storytelling," CEO Deirdre Lester said.
MORE►
by Lance Murray |
Nov 20, 2024
Founded in 2021, institutional real estate investment and operating platform Evergreen also announced a strategic investment from Kuvare Holdings—in the wake of a previous investment from an affiliate of NYC's Prosperity Asset Management.
MORE►
by David Seeley |
Nov 19, 2024
Ultra audiophile-quality products from McIntosh feature the vacuum tubes of yesteryear updated with the latest technology. But truly hearing that hushed whisper in a Billie Eilish song can set you back—in January, the company debuted a $1 million sound system at CES 2024.
MORE►
by Lance Murray |
Nov 18, 2024
Alva Health is developing a device that uses noninvasive wearables and AI/ML algorithms to monitor the onset of stroke symptoms and immediately initiate emergency calls. Its wearable solution detects hemiparesis, a hallmark of stroke onset.
MORE►
Molecular beam epitaxy equipment used in semiconductor wafer production by IntelliEPI. [Photo: IntelliEPI]
North Texas’ IntelliEPI Receives $4.1M Semiconductor Innovation Fund Grant
by Lance Murray | Nov 18, 2024
Richardson-based IntelliEPI is the only domestic manufacturer of epitaxy-based compound wafers for the semiconductor industry. Its facility in Allen is expected to create more than $41 million in capital investment and nearly triple the company’s annual wafer production, Gov. Greg Abbott's office said.
MORE►
by Lance Murray |
Nov 13, 2024
Connecticut-based Ulbrich Stainless Steels and Special Metals said the ATI operations located in Massachusetts and Germany, which specialize in "quality products in niche markets," are good fits with Ulbrich's business strategy.
MORE►
by Lance Murray |
Nov 13, 2024
Divi is an award-winning brand with clean, science-backed products founded by entrepreneur and three-time Forbes Top Creator Dani Austin. With the new funding, Divi aims to scale its brand "to a household name," the startup said.
MORE►
by Lance Murray |
Nov 13, 2024
Boosting its Innovation Fund grant program, McKinney EDC is now offering non-diluted capital of up to $200K for qualifying early-stage startups—and up to half a million dollars in support for established or relocating later-stage startups who set up their HQs in the city.
MORE►
