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.
Dr. Ruben Amarasingham, founder and CEO of Pieces
Children’s Health, Investing Partners Back Pieces Technologies With $25M to Advance AI in Hospital Care
by Lance Murray | Sep 10, 2024
"Our mission is to help those who help others," says Pieces Technologies CEO Dr. Ruben Amarasingham. With $25M in growth funding, Dallas-based Pieces is gearing up to transform hospital care with AI that streamlines clinical workflows and eases the load on care teams.
by Quincy Preston and David Seeley |
Sep 10, 2024
Passive voice authentication "isn’t just for verifying customers," Illuma Founder and CEO Milind Borkar tells Dallas Innovates. Illuma's solutions address threats like fraud, voice cloning, and deep fakes, and he expects companies to use the tech "to combat the risk of help desk fraud that's exposed some major corporations to penetration of their IT systems."
MORE►
by Lance Murray |
Sep 9, 2024
The strategic acquisition grows ECI's distribution portfolio with "powerful technology" designed to support long-term needs and future growth plans for its commercial furniture dealer customers, ECI said.
MORE►
by Lance Murray |
Sep 9, 2024
Founder and CEO Richard Dix said the new capital investment "allows us to refocus our efforts on the single-family for-sale business and expand our homebuilding operations into more markets across North and Central Texas."
MORE►
Applied Digital co-founder, CEO and chairman Wes Cummins [Video still: Applied Blockchain]
Dallas’ Applied Digital Gets $160M Strategic Financing from NVIDIA, Related Companies, and Other Investors
by Lance Murray | Sep 6, 2024
According to Applied Digital, the investment validates its innovation in the accelerated compute space and will fuel its expansion of data center and GPU cloud solutions. Its current projects include its build-out of "one of the world’s largest data centers" and development of an additional 300MW of data center capacity, the company said.
MORE►
by Lance Murray |
Sep 5, 2024
Ingo Payments’ acquisition of Deposits Inc. is set to fast-track the launch of its Modern Money Stack, a modular financial services platform designed to help banks, fintechs, and brands manage money flows, compliance, and risk in an evolving financial landscape.
MORE►
by David Seeley |
Sep 5, 2024
Four years after Callaway acquired Dallas-based Topgolf for $2.6 billion in a merger that formed Topgolf Callaway Brands, the joint twosome is coming to an end. The company plans to spin off Topgolf in 2025—with Callaway retaining its revolutionary Toptracer technology.
MORE►
by Quincy Preston and Lance Murray |
Sep 5, 2024
The acquisition by TPG, based in both Fort Worth and San Francisco, is set to accelerate MIRATECH's growth in emissions control and noise reduction technology for critical sectors like data centers and energy infrastructure, capitalizing on rising power demands and stricter global emissions standards.
MORE►
From left: Don Huffines, CEO of HEST Investments, and Kevin Kane, CEO of American Binary [Photos: Don Huffines/American Binary]
Dallas’ HEST Investments Invests $1M in Quantum Computing Security Startup
by Lance Murray | Sep 3, 2024
The investment in Kirkland, Washington-based American Binary marks "a significant step towards fortifying digital security as civilization moves toward the quantum computing era," the Dallas-based private equity firm said.
MORE►
![Poland's First F-35 [Photo: Lockheed Martin Aeronautics]](https://s24806.pcdn.co/wp-content/uploads/2024/08/Lockheed_Martin_Poland_F_35-970-360x203.jpg)
by Quincy Preston |
Aug 29, 2024
It’s been a power week for Lockheed Martin in Fort Worth. The defense giant secured over $5 billion in new and modified F-35 contracts and unveiled Poland’s first F-35A fighter jet, named “Husarz” after the NATO ally’s legendary winged armor cavalry unit.
MORE►
by Lance Murray |
Aug 28, 2024
McKinney-based StatLab Medical Products is scaling its global reach with a series of strategic moves, including acquisitions and expanded facilities, such as a new one in Arlington. CEO Sung-Dae Hong, who took the helm this time last year, brings decades of experience in driving growth and M&A.
MORE►
by Lance Murray |
Aug 27, 2024
Principle said its acquisition of the North Texas-based mobile imaging provider underscores its commitment to offering comprehensive, high-quality diagnostic services to the long-term care community.
MORE►
Left to right: Adam Blumenfeld, CEO of Varsity Brands; Felix Gernburd, Partner at KKR; and Angad Singh, Director at KKR [Photos: Varsity Brands/KKR]
North Texas’ Varsity Brands Acquired in Reported $4.75B Deal by NY‑Based KKR
by Lance Murray | Aug 26, 2024
Farmers Branch-based Varsity Brands, a leader in academic apparel and memorabilia, was acquired from Bain Capital and Charlesbank. The company reaches more than 8 million athletes and students annually by servicing team sports, athletics, and spirit programs nationwide.
MORE►
by Lance Murray |
Aug 23, 2024
This is the fourth major acquisition Nobl Q has made in the past 12 months, executing its strategic growth plan "to bring sound, innovative solutions" to its growing customer base, the company said.
MORE►
by Lance Murray |
Aug 22, 2024
"The new capital will help us continue our momentum in deploying integrated solutions and best-in-class service for fund managers in the private credit and broadly syndicated bank debt sector," Siepe CEO and founder Michael Pusateri said. In conjunction with the new funding, Siepe has appointed Mark Schultis as president.
MORE►
by Lance Murray |
Aug 21, 2024
Milan-based JetSet Productions has delivered production and creative work for many of the world's most influential brands, including Apple, Bugatti, Vogue, Polaroid, Brioni, Boggi, Fabiana Filippo, Cavalli, Liu-Jo, Elle, and GQ. "This acquisition symbolizes the perfect blend of American ambition and Italian creativity," its founder said.
MORE►
