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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.
The Uptown Agency team in the Dallas office [Photo: The Uptown Agency]
The Uptown Agency Acquires Inc. 5000 Dallas Agency RBA Inbox
by Lance Murray | Jun 25, 2024
The Uptown Agency will absorb RBA's team and client portfolio to accelerate its investment in award-winning creative advertising work.
by Lance Murray |
Jun 24, 2024
The Dallas-based real estate services giant said that once the transaction closes, it will own 70% of the combined Turner & Townsend/CBRE Project Management business, with the Turner & Townsend partners holding the remaining 30%.
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by David Seeley |
Jun 24, 2024
knownwell was co-founded by CEO Brooke Boyarsky Pratt in 2022 to "lead a shift in the narrative from health systems, payors, and employers having a GLP-1 strategy, to them having a comprehensive obesity treatment strategy." With a recent $20 million Series A, new C-suite hires, and an AI-powered acquisition just last week, the startup's expansion has just begun.
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by Quincy Preston |
Jun 21, 2024
The combined entity will retain the iconic Six Flags name, operate under the name Six Flags Entertainment Corp., and trade under Cedar Fair's ticker symbol "FUN" on the NYSE, with headquarters in Charlotte, North Carolina. The merger is expected to close on July 1, 2024.
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Vikram Kohli, chief operating officer of CBRE [Photo: CBRE]
Dallas-Based CBRE Buys California Data Center Infrastructure Co. To Expand Hyperscale Services
by Lance Murray | Jun 19, 2024
“This acquisition fits squarely with our strategy of enhancing our capabilities in asset classes that benefit from secular tailwinds — in this case, the increasing digitization of the global economy,” CBRE Chief Operating Officer Vikram Kohli said.
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by Lance Murray |
Jun 19, 2024
SMU's Klyne Smith, with over 30 years of experience in IT and telecommunications at companies like IBM, Caesars Entertainment, and Ericsson, will use his industry insights to explore quantum-safe communication solutions for military applications.
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by Dallas Innovates | Staff Report |
Jun 18, 2024
Vann's news: Impact Ventures "will be considered 1 of 74 [Community Development Venture Capital] firms in the U.S."—and the second in Texas—"providing more small businesses access to equity and equity-like capital, especially in times like today where interest rates are higher and traditional debt is considered to be expensive."
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by Lance Murray |
Jun 18, 2024
"Our aim is to build the largest, and more importantly, most effective advertising services group in the world and that will not happen organically," said Kyle Borgman, chairman and CEO of The Yadot Group. "We're in the acquisitions business, plain and simple."
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With 77 centers across Texas, Oklahoma, and Colorado, Behavioral Innovations provides early-intervention. center-based behavior analysis therapy for children with autism spectrum disorder and other related developmental disabilities.
Dallas-Based, Autism-Focused Behavioral Innovations Acquired by New York PE Firm
by Lance Murray | Jun 14, 2024
With 77 centers across Texas, Oklahoma, and Colorado, Behavioral Innovations provides early-intervention. center-based behavior analysis therapy for children with autism spectrum disorder and other related developmental disabilities.
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by Lance Murray |
Jun 13, 2024
Summit manages onsite security for clients nationwide, providing security and law enforcement industry expertise via a coast-to-coast network of 60,000 police officers representing more than 1,400 law enforcement agencies.
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by Lance Murray |
Jun 13, 2024
Nada bridges homeowners and investors through home equity via its Cityfunds and Homeshares products. The company's new president and CEO, Tore Steen, replaces Nada Co-Founder and current CEO John Green, who will transition to COO.
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by David Seeley |
Jun 13, 2024
Moviegoers in Dallas-Fort Worth have had their cinema-loving dreams dashed—and raised again—in the space of a week. First came word that Angelika Film Center & Cafe Plano was closing, followed by news that the franchise group running five Dallas-Fort Worth Alamo Drafthouse Cinemas had closed them down and filed for Chapter 7 bankruptcy.
The raised hopes? That came Wednesday, when Sony Pictures Entertainment rocked Hollywood by announcing it had acquired Alamo Drafthouse Cinema and its 35 locations in 25 metro areas, as well as its much-loved Fantastic Fest film festival.
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Dirk Allison, chairman and CEO of Addus Homecare (left), and David Causby, CEO of Gentiva [Photos: Addus/Gentiva]
Frisco’s Addus HomeCare To Acquire Gentiva’s Personal Care Assets for $350M, Building on Record-Breaking Year
by Lance Murray | Jun 10, 2024
After surpassing $1 billion in annual revenues for the first time in 2023, Addus HomeCare's latest acquisition aims to expand its market footprint in seven key states: Arizona, Arkansas, California, Missouri, North Carolina, Tennessee, and Texas.
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by Lance Murray |
Jun 10, 2024
Plano-based Zips Car Wash has secured a $70 million investment from Atlantic Street Capital, a private equity firm known for its hands-on approach with lower middle-market companies....
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by Lance Murray |
Jun 7, 2024
Buchanan Technologies said the acquisition will help fuel its expansion and support its managed IT leadership while the company continues to grow as a "premier provider of outsourced, managed cloud solutions."
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by Lance Murray |
Jun 5, 2024
MOURI Tech, a global enterprise IT services provider, said the move strengthens its presence in the Asia-Pacific region and meets "the growing demands of its global clientele"—while helping Versant expand its R&D capabilities.
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