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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.
Kelly Stark, former founder and principal of Forward Vision, is now EVP of account management at JSA [Photo: LinkedIn]
North Texas’ Forward Vision Acquired by Las Vegas Branding & PR Agency
by Lance Murray | Feb 8, 2024
JSA said the addition of Forward Vision's B2B marketing team—including its top executives, creatives, and digital, social and PR professionals—will allow for the same "seamless dedication to customer service" that Forward Vision customers have come to depend upon.
by Lance Murray |
Feb 8, 2024
Tenpin offers customers a unique experience via a mix of bowling lanes, video arcades, escape rooms, karaoke, laser tag, pool, table tennis, and soft play across 53 centers. The partnership with Trive will allow Tenpin to accelerate its expansion strategy in the U.K. and continue to invest in its site portfolio to enhance customer experience, the Dallas PE firm said.
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by Lance Murray |
Feb 5, 2024
CBRE Chair and CEO Bob Sulentic says the acquisition aligns with its M&A strategy to boost technical services, increase "revenue resilience" and long-term growth, and expand the company's government client work.
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by David Seeley |
Feb 5, 2024
Presented by TAMEST and Lyda Hill Philanthropies, the inaugural 2025 Hill Prizes recognize groundbreaking research by innovators in medicine, engineering, biological and physical sciences, and technology. Meet all five winners—and see how they'll use their $500,000 prizes to make game-changing "real-world impact" in each of their fields.
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Snehal Fulzele, founder and CEO of Uptiq.ai [Photo: Uptiq.ai]
Plano Fintech UPTIQ Acquires Focus Treasury and Credit Solutions
by Lance Murray | Feb 1, 2024
UPTIQ said the acquisition significantly enhances its AI-enabled technology by combining its automation and digital/intuitive self-service with FTCS’s client-centric approach to provide custom cash and credit solutions to financial advisers.
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by Lance Murray |
Feb 1, 2024
Lewisville-based Ever.Ag said the acquisition of Dallas' AgencyRoot enhances its presence in the crop insurance sector by providing agents with innovative and user-friendly technology. The companies share "the same passion for innovation in agribusiness," AgencyRoot's CMO said.
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by Lance Murray |
Feb 1, 2024
CRA is a suite of software-based auditing and predictive analytics tools that help healthcare organizations enhance coding compliance, while mitigating the risk of potential recoupments and penalties, VMG Health said.
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by Lance Murray |
Feb 1, 2024
Aiming to reach $1 billion in revenue in around five years, the temporarily named Bounteous x Accolite will be headquartered in Chicago with offices across North America, Europe, and Asia. The combined company will employ 5,000 people—with more than 1,200 in North America, more than 3,400 in APAC, and more than 400 in Europe.
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Panelists at The DEC Network's 2023 Dallas Startup Week discussed franchising, entrepreneurship, and more. [Source photos: Red Wave Media; DI Studio composite image]
Bank of America Supercharges The DEC Network Mission with $120K for Entrepreneurs of Color Fund
by Dallas Innovates | Staff Report | Jan 31, 2024
Formally known as the Entrepreneur of Color Credit Enhancement Fund, the program will provide loan guarantees and loan-readiness assistance to growth-oriented businesses.
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by Lance Murray |
Jan 29, 2024
Solera said that ServiceAgent AI provides comprehensive insights into service appointment booking and management system performance and efficiency, enabling automotive service teams to deliver "exceptional customer support."
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by David Seeley |
Jan 29, 2024
News of the $5M raise comes as Dallas-based UpSmith launches Boost, a new productivity app that's "a powerful tool to maximize sales performance and technician productivity" in construction and manufacturing. UpSmith Founder and CEO Wyatt Smith, a former Uber Elevate exec, says workers can redeem points earned on the app for tools, prizes, extra vacation days, and more.
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by Lance Murray |
Jan 29, 2024
Florida-based Wealth Partners Capital Group and California-based HGGC have made a minority equity investment in True North to help accelerate its growth via targeted acquisitions, the Dallas firm said.
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[Photo: BNSF and J.B. Hunt/Business Wire]
Fort Worth-Based BNSF Railway Announces Nearly $4B in Planned 2024 Capital Investments
by Lance Murray | Jan 25, 2024
BNSF said that nearly $3 billion will devoted to maintaining BNSF’s core network and related assets. Nearly $600 million will be for expansion and efficiency projects, while $440 million is slated to target equipment acquisitions.
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by Lance Murray |
Jan 25, 2024
Revolution's expansion into agricultural plastics recycling in Canada is just its latest move to create a "continuous cycle of sustainability." A recent collaboration with former Dow unit president Diego Donoso also aims to elevate Revolution's position in the sustainable packaging market, focusing on pioneering food-grade recycled plastics.
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by Lance Murray |
Jan 24, 2024
The investment in the Dallas-based full-service management and tech consulting firm was made by L.A.'s Interlock Equity. The investment comes on the heels of evolv announcing that Trisha Arnold was promoted to chief talent officer at the company.
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by Lance Murray |
Jan 24, 2024
"This strategic transaction expands and strengthens Biote’s capabilities by enabling the vertical integration of our manufacturing and providing direct control over our pharmacokinetic research efforts," Biote CEO Terry Weber said. Earlier this month, Robert Peterson was named as Biote's new CFO.
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