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. 

 

Irving-Based Falcon Events Acquired by Chicago Event Tech Company

by | May 17, 2024
Experience Pinnacle Live said that Falcon will combine with its seasoned team, which provides a single source of creative, technical, and logistic solutions for high-profile live events, including conferences, business meetings, brand activations, festivals, sporting, and special events.
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Cuban-Backed Fintech Secures $165M to Drive Nationwide Expansion of Vehicle-Secured Affordable Credit
by | May 17, 2024
Dallas-based Yendo, which created the first-ever vehicle-secured credit card, said it will use the financing specifically to fund the growth of originations on its platform, which will enable it to extend credit to more Americans at affordable rates.
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Dallas’ Latticework Capital Management Closes $345M Fund to Fuel Growth in Founder-Led Healthcare Ventures
by | May 16, 2024
LCM's oversubscribed second fund attracted diverse global investors. The firm, founded in 2015, has some $550 million in assets under management to date.
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Dallas’ Arcadia Biosciences Sells ‘Wheat Trait’ to Corteva Agriscience for $4M, Then Sells GoodWheat Brand for $4M
by | May 16, 2024
Two deals announced 48 hours apart have brought Arcadia Biosciences $8 million, including the sale of its "better-for-you" wheat brand, GoodWheat, to Canada's Above Food Corp.
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Frisco-Based AI & Data Startup Arhasi Gets Strategic Investment, Launches Foundry With Cloudbench

by | May 14, 2024
Arhasi and Cloudbench, a Google partner and leading emerging technology consulting firm, have launched a joint AI and data foundry in Frisco, staffed with experts from top universities. The foundry aims to drive innovation in AI and Web3 technologies.
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Fort Worth’s Junction Industries Acquires Swiss-Based Skyline Parking
by | May 13, 2024
Junction—which has built over a dozen Carvana car towers across the U.S.—said that Skyline's fully automated, conveyor-based handling systems "deliver the fastest and most adaptable parking solutions globally." Junction subsidiary Pier 57 plans to bring the Swiss technology to its first project in Fort Worth later this year.
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Dallas’ Precision Aerospace Holdings Acquires Owens Machine and Tool Company

by | May 8, 2024
Lewisville-based Owens produces complex, multifaceted parts, tooling, and prototypes utilizing multi-axis machine tools and best-in-class cutting tools. This marks the second acquisition by Precision Aerospace in less than 10 months.
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TXOne Networks Raises $51M in Series B Extension Round
by | May 7, 2024
The Taiwanese cybersecurity company, whose U.S. HQ is in Irving, said that in addition to TGVest Capital—the lead investor of its B round—Pegatron Group, CDIB Capital Group, and CDIB-Innolux II LP are continuing to invest. New investors include the Taiwania Capital and Applied Ventures ITIC Innovation Fund LP, a joint fund of Applied Ventures, LLC and ITIC-Taiwan
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DFW-based SXNY Holdings Acquires Dallas’ Saxony Partners
by | May 6, 2024
In recent years, Saxony has dedicated its efforts exclusively to Yardi consulting and managed services and delivering "exceptional support" to commercial and residential property management clients worldwide.
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North Texas-Based EGW Utilities Acquired by St. Louis Infrastructure Services Company

by | May 6, 2024
Carrollton-based EGW, a distributor of products and services to underground utility contractors and municipalities, has been acquired by Core & Main.
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Dallas’ Lone Star Funds Acquires Netherlands-Based Industrial Services Provider ERIKS
by | May 3, 2024
Founded in 1940, ERIKS is a provider of specialized industrial services with more than 200 locations in 12 countries. It offers a wide range of technical products and co-engineering and customization solutions.
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ExxonMobil Closes $59.5B Acquisition of Irving-Based Pioneer Natural Resources
by | May 3, 2024
ExxonMobil said the merger creates "an unconventional business" with the largest, high-return development potential in the Permian Basin.
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