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. 

 

Dallas’ Rone Engineering Acquired by California-Based RMA Companies

by | Dec 19, 2023
Founded in 1972, Rone has provided expert professional services on some of Texas’s most iconic engineering projects—including the DFW Connector, the Midtown Express, the Gates of Prosper 800-acre mixed-use development, and the Medical City Dallas expansion.
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Highlander Partners Announces Brands Merger, Pretzilla Spinout
by | Dec 18, 2023
The merger of Benestar Brands with Palmex S. de R.L. de C.V. creates a powerhouse in the North American salty snack industry, Highlander said—positioning the combined entity as one of the leading providers of Hispanic and better-for-you salty snacks.
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Blackboxstocks To Acquire U.K.’s Evtec Aluminum, Parts Supplier for EV, Hybrid, and Performance Auto Market
by | Dec 18, 2023
U.K.-based Evtec is a supplier of proprietary mission critical parts for the electric vehicle, hybrid, performance, and luxury OEM automotive markets to brands including JLR (formerly Jaguar Land Rover), Aston Martin, Ford, and Bentley.
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Elixirr Acquires Management Consultancy Insigniam
by | Dec 18, 2023
London-based Elixirr—which has an office at HALL Park in Frisco—said the deal marks the latest step in the firm's strategy to diversify its service offering, expand its global presence, and become the fastest-growing U.S. challenger consultancy in 2024.
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Ryan Grows Its Property Tax Footprint by Acquiring Morrison & Head

by | Dec 7, 2023

Dallas-based global tax services and software provider Ryan has acquired Morrison & Head, a property tax consulting firm serving clients across Texas with offices in Austin and Houston.

No financial details of the transaction were released.

“Morrison & Head is a well-established firm with a strong reputation in the property tax space in Texas,” Ryan Chairman and CEO G....

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Acquisition of Irving-Based JPI Completed by Japan-Based Company
by | Dec 7, 2023

Irving-based multifamily community developer JPI announced that the acquisition of its operating platform by Sumitomo Forestry America Inc. has been completed.

We first told you about the deal in October....

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Dallas’ Trinity Consultants Snaps Up Two More Companies

by | Dec 4, 2023
Trinity's acquisitions of Soundview Consultants LLC and WestLand Resources are in addition to last Wednesday's announcement that the company had acquired Longman Lindsey, a New York-based full-service acoustical consultancy with specialized expertise in the construction industry.
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RealCold Acquires Denton-Based Forte Frozen to Strengthen Its National Cold Chain Footprint
by | Dec 4, 2023
"RealCold and Forte Frozen have a shared vision of what cold storage can look like in the future," said Forte Frozen CEO Dan Forte. The deal gives RealCold five facilities in markets including Dallas; Ormond Beach, Florida; Clearfield, Utah; Clackamas, Oregon; and Colton, California.
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Plano’s Furniture Marketing Group Acquires Contract Associates
by | Dec 1, 2023

Plano-based commercial furniture solutions provider Furniture Marketing Group has acquired Contract Associates, an established contract furniture dealer with locations in El Paso and Albuquerque.

The company said the acquisition is a significant milestone for FMG, as it brings together two organizations that are dedicated to elevating workspaces with innovative and functional design....

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Sow Good Hires New CFO, Announces $2.8M Private Placement
by | Dec 1, 2023

Irving-based freeze-dried candy and treat company Sow Good Inc., announced the appointment of Keith Terreri as permanent chief financial officer, beginning Dec. 4, and said it completed a $2.77 million private placement raised from 426,288 newly issued shares. ...

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Dallas’ Orion Communications Acquired by Chicago Company

by | Nov 29, 2023
Orion is a leader in operational workforce management SaaS software for public safety. Chicago-based FieldWare said the strategic partnership further enhances its cutting-edge technologies that improve workforce efficiencies for a variety of criminal justice practitioners.
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DataBank Raises $533M to Finance New Data Center Developments
by | Nov 29, 2023
The Dallas-based company said the financing consists of two separate transactions: $188 million in equity raised from existing and new investors, and a $345 million construction loan for a new data center under development in the Atlanta market.
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Dallas’ Trinity Consultants Acquires New York Acoustical Consultancy Firm
by | Nov 29, 2023
Trinity Consultants, a leading global environmental consulting firm, says that New York's Longman Lindsey is one of the largest and most prominent independent acoustical consulting groups in the U.S., orchestrating "tech-optimized symphonies of sound" for developers and architects.
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$1.2B Acquisition of Dallas-Based Avantax Closed by Cetera
by | Nov 28, 2023
Via the all-cash, take-private deal, Avantax has become a standalone business unit within the San Diego-based Cetera family, with 3,111 financial professionals representing $82.3 billion in assets under administration and $42 billion in assets under management.
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