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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.
![Poland's First F-35 [Photo: Lockheed Martin Aeronautics]](https://s24806.pcdn.co/wp-content/uploads/2024/08/Lockheed_Martin_Poland_F_35-970-940x436.jpg)
Poland's First F-35 [Photo: Lockheed Martin Aeronautics]
Lockheed Martin in Fort Worth Lands Over $5 Billion in Defense Contracts, Debuts Poland’s First F-35A
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.
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.
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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.
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by Lance Murray |
Aug 26, 2024
Florida-based Core Ventures was established by the Florida Cancer Specialists & Research Institute, a physician-owned community oncology practice. With the multi-billion-dollar acquisition, CORE Ventures will join McKesson's US Oncology Network to advance "affordable cancer care and better patient outcomes."
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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.
Nobl Q Acquires Seattle-Based Cloud Solutions Company Corezi
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.
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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.
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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.
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by David Seeley |
Aug 21, 2024
With $25 million raised to date, ALLCITY delivers local sports coverage across streaming video, podcast, and other digital platforms in Denver, Phoenix, Chicago, and Philadelphia. The network's next big play: Dallas—where it's reportedly already poached some well-known sports media personalities.
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One of Platinum Parking’s 300 locations in 19 cities across the U.S. [Photo: The Broe Group]
Dallas’ Platinum Parking Acquired by Denver’s The Broe Group and New York’s Hudson Valley Trust
by Lance Murray | Aug 19, 2024
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.
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by David Seeley |
Aug 16, 2024
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.
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by David Seeley |
Aug 15, 2024
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.
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by Lance Murray |
Aug 14, 2024
With over 800 employees, KPS Global operates manufacturing and warehousing facilities in Texas, California, Arizona, Tennessee, and Georgia. The company was created by D Cubed Group in 2015 via the simultaneous acquisitions of Hill Phoenix’s Walk-Ins business from Dover Corp. and Kysor Panel Systems from The Manitowoc Co. Inc.
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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.
Plano-Based Nobl Q Acquires Advanced-Tech Florida Software Developer
by Lance Murray | Aug 13, 2024
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.
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by Lance Murray |
Aug 13, 2024
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.
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by Lance Murray |
Aug 12, 2024
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.
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by Lance Murray |
Aug 8, 2024
Westwood—a Plano-based engineering and design firm with over 1,600 employees in more than two dozen offices across the U.S.—specializes in renewable energy projects, energy storage, and public and private infrastructure projects. It relocated its HQ from Minneapolis to North Texas late last year.
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