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.
[Sources: istockphoto jadamprostore/, :useng/; DI Studio]
The goal: accelerating the defense-focused small business experience via faster proposal-to-award timelines. GetChkd said its blockchain infrastructure platform revolutionizes system connectivity, enforces user-specific mappings, and ensures immutable audit trails for every action.
Platinum Parking started in Dallas in 2000 with just one location, but has grown to more than 300 facilities in the U.S. and Canada with over 100,000 parking spaces and more than 500 staff members.
The funding from the U.S. Commerce Department will support the construction of two semiconductor wafer fabrication plants in Sherman, 40 miles north of Dallas—part of TI's $30 billion, four "fab" project in the city. It will also support the buildout of another TI fab plant in Lehi, Utah.
Google's "Dallas cloud region," first announced in 2022, includes sprawling data center campuses in the North Texas cities of Midlothian and Red Oak. At a press conference in Midlothian, the company announced an additional $1 billion investment in Texas, for a total of over $2.7 billion invested in the state to date.
Inovar Packaging Group is known for producing innovative prime labels, shrink sleeves, and extended content solutions to some of the nation's top brands. The Kennedy Group is a 50-year-old label and packaging platform with facilities in Ohio and Pennsylvania.
Nobl Q said that integrating Propel's "advanced capabilities and innovative solutions" into its suite of services is expected to provide "great value" to clients, fostering enhanced digital transformation initiatives and business growth beyond the traditional scope.
Centennial operates more than 23 million square feet of retail and mixed-use properties in premier markets across 18 states, with roughly 300 employees nationwide. The partnership provides Centennial with the capital and resources to accelerate its national expansion while positioning Lincoln for new mixed-use development opportunities.
Within a month of acquiring OnCal and J&J Calibrations, Aldinger has snapped up Ohio's OCS Technologies, a fourth-generation family business that provides precision calibration and testing services, serving such sectors as aerospace, defense, manufacturing, and pharmaceuticals.
Texas Regional Bank said its acquisition of Estrada Hinojosa will add more than 50 people to the TRB team with offices in Dallas, Houston, San Antonio, Austin, Edinburg, Miami, Chicago, Denver, and New York City.
"Over the past three years, our partnership with Manulife let us build a resilient network of dispatchable, distributed storage all across Texas," said Hunt Energy Network CEO Pat Wood. A Manulife leader said the partnership "will support the grid and allows us to drive innovation with a market leader in ERCOT."
Known for their work in economic development, community development, and nonprofit, Jorgenson Pace will conduct high-level searches nationwide for leadership positions in economic development organizations, chambers of commerce, downtown development, government, and other not-for-profit organizations.
ECI—which has offices in the U.S., Canada, Mexico, the U.K., The Netherlands, and Australia—said the acquisition enhances its manufacturing software portfolio and further solidifies its commitment to supporting businesses within the industry.
Aiming to revolutionize the oil and gas asset transaction process with its online marketplace, Energy Domain has facilitated over 200 transactions since 2021. With new offices in Fort Worth's Cattle Raisers Building, it's now eyeing growth as it finalizes its second platform, Energy Domain Data.
Leon—a single-family office—said the collaboration marks a significant milestone for the firm, which until recently primarily utilized its balance sheet and only allowed co-investment from fellow single-family offices.
Aperture said NOVUM's experts have been engaged in more than 200 major IP litigation and complex business litigation matters, as well as advising clients in patent acquisitions/dispositions, licensing, valuation, and/or financing arrangements.
Five months after selling two California hospitals for $550 million, Tenet Healthcare has inked a deal to sell its 70% stake in five Birmingham hospitals to Florida's Orlando Health for around $910 million in cash, the company said.
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Dallas-based hydrogen technology company DirectH2—a startup backed by HL Energy Ventures, the Hunt Energy spinout—has set its sights on expansion in India.
DirectH2 is developing what it calls “game changing” modular direct solar-to-green hydrogen technology....
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Dallas-Fort Worth is charting its own path in artificial intelligence. From applied AI to research and engineering advances, our region leads in advancing real-world solutions. Behind every breakthrough and solution are the people making it happen....
A bicycle-pedestrian trail being built alongside DART’s recently opened Silver Line is moving closer to completion after the project received a financial boost from the state. The Texas Transportation Commission recently awarded Dallas Area Rapid Transit $25 million for construction of Phase 3A of the Cotton Belt Trail as part of a statewide effort to improve active transportation infrastructure through the Transportation Alternatives Set-Aside Program....
Dallas-based Mynd Immersive aims to redefine the future of aging in Texas and beyond through the company’s “connection-boosting” Great American Elderverse virtual reality experiences. Now the company is expanding its technology to senior living and skilled nursing communities across the state Texas....
Dallas-based hydrogen technology company DirectH2—a startup backed by HL Energy Ventures, the Hunt Energy spinout—has set its sights on expansion in India.
DirectH2 is developing what it calls “game changing” modular direct solar-to-green hydrogen technology....