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-Based Signature Automation Acquired by North Carolina’s McKim & Creed

by | Dec 4, 2025
Originally known for its expertise in Supervisory Control and Data Acquisition (SCADA) systems, Signature Automation has grown to provide a wide variety of services for clients in the municipal, water/wastewater, and correctional sectors.
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Dallas’ Braemont Capital Invests in 129-Year-Old Royal Cup Coffee & Tea
by | Dec 4, 2025
Founded in 1896, Royal Cup's reach extends throughout the U.S., Mexico, and the Caribbean, serving customers in the food service, hospitality, office and specialty coffee markets.
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Irving’s Targeted Convergence Corp. Gets NASA SBIR Contract to Advance Mission Design Modeling
by | Dec 3, 2025
Inspired by "set-based" and "success is assured" behaviors first developed by the Wright Brothers, TCC has developed software and processes that enable "fundamental changes to numerous critical business processes." Now it's putting them to work for NASA, aiming to accelerate early-stage mission and product design efforts.
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Dallas’ Applied Digital Leads $25M Funding Round for Swiss-Based Chip Cooling Innovator
by | Dec 2, 2025
Lausanne-based Corintis is developing direct-to-chip liquid cooling solutions using microfluidic technology. The goal: Significantly improving efficiency and power density in data centers running the most demanding AI workloads.
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Dallas’ GetChkd Gets $1.9M SpaceWERX Contract to Enhance Military SATCOM Resiliency

by | Dec 2, 2025
The innovation arm of the U.S. Space Force isn't the first to tap into GetChkd's blockchain infrastructure platform. Last year, the U.S. Air Force's AFWERX program inked a $1.7 million contract with the Dallas-founded company.
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North Texas’ Somnigroup Seeks To Acquire Leggett & Platt in Deal Worth Around $1.6B
by | Dec 1, 2025
Created last February via Tempur Sealy International's $5 billion acquisition of Mattress Firm, Somnigroup is seeking to acquire Carthage, Missouri-based Leggett & Platt, a NYSE-listed, 1883-founded manufacturing company that happens to be one of its leading suppliers.
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North Texas’ Value Feeds Acquired by Indiana-Based Nutrition 101
by | Nov 27, 2025
Value Feeds has grown into an industry leader in dairy upcycling, expanding its milk supply through strategic contracts with leading dairy producers in the Southwest U.S.
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Chris Heim, CEO of Atomic Data, left, and Scott Jeffcoat, managing partner of Venue Wireless [Composite art: DI Studio; Source images, Atomic Data]
Atomic Data Acquires North Texas–Based Venue Wireless to Scale Stadium and Arena Tech
by | Nov 22, 2025
The Carrollton company behind tech deployments for Churchill Downs, MetLife Stadium, and multiple Super Bowls joins Minneapolis-based Atomic Data as demand for smart-stadium systems accelerates.
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PE Firm Acquires Majority Stake in Dallas-Based Topgolf, Valuing Company at $1.1B

by | Nov 19, 2025
When the deal between Topgolf Callaway Brands and L.A.-based Leonard Green & Partners closes, Topgolf Callaway plans to change its name to Callaway Golf Company. It called LGP "an ideal partner for Topgolf in its next chapter."
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Lincoln Property Company Acquires University-Focused Capstone Development Partners
by | Nov 18, 2025
With roots dating back to 1990, Capstone has partnered with more than 70 colleges and universities across the U.S., with projects spanning from student housing to mixed-use campus developments.
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North Texas’ Ancor Capital Partners Invests in Ohio-Based VST
by | Nov 17, 2025
VST operates at the forefront of the retail fuel dispensing industry, with "innovative technologies" that simultaneously address evolving regulatory demands, reduce environmental impact, and save operators money, Ancor said.
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City Council Approves $23.5M Grant for Russell Glen Co.’s ‘Catalytic’ Rivulet Community in Southern Dallas
by | Nov 17, 2025
To be located directly across from the University of North Texas at Dallas, Rivulet is slated to feature roughly 300 single-family homes, 240 apartment homes, and a 20-acre retail district envisioned to include a neighborhood grocery store, retail shops, office, restaurants, and a public library/innovation center.
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IMAGE: CurveBiosciences founder, Ritish Patnaik, standing at a table with the Dallas skyline behind him.

Dallas’ Curve Biosciences Raises $40M for Its ‘Whole-Body Intelligence’ Disease Monitoring Platform

by | Nov 11, 2025
Curve’s Plano-born founder and CEO, Ritish Patnaik, says "chronic diseases are on the rise, and healthcare costs are skyrocketing as a result." From its newly established HQ at Pegasus Park in Dallas, Curve will use the funding to advance the clinical validation and commercialization of its Whole-Body Intelligence platform, with a goal of "transforming" chronic disease monitoring.
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Fort Worth’s Novaria Group To Be Acquired for $2.2B by Nashville-Based Arcline Investment Mgmt.
by | Nov 11, 2025
Founded in 2011, Novaria is a provider of engineered aerospace components and specialty processes. Its niche products support more than 3,000 customers and can be found on "almost every Boeing and Airbus commercial aircraft in service," the company said.
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Dallas EDC Gets $1.5M Grant from Communities Foundation of Texas to Advance Its Missions
by | Nov 6, 2025
“This transformative investment from Communities Foundation of Texas both strengthens our capacity and validates the importance of our mission,” Dallas EDC President and CEO Linda McMahon said.
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