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. 

 

North Texas’ RKD Group Acquires California-Based Heller Consulting

by | May 1, 2024
Plano-based RKD said that Heller Consulting brings three decades of expertise in systems design and implementation to RKD Group's existing fundraising and marketing solutions for nonprofit organizations.
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From left: Co-founder and CEO Mike Fey and co-founder and chief technology officer Dan Amiga. [Image: Islands]
Dallas-Based Island Raises $175M in Growth Funding, Doubles Valuation to $3B
by | Apr 30, 2024
Island, a pioneering category leader in enterprise browsers, said its Series D round was led by new investor Coatue and existing investor Sequoia Capital, with additional funding from other existing investors. The round comes just six months after Island raised a $100 million Series C.
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Techstars Physical Health Fort Worth Accelerator Gets Its First Exit With ZAMA Health Sale to Volt Athletics

by | Apr 29, 2024
Recognized for its pioneering mental health and wellbeing solutions tailored for athletes, ZAMA Health has been acquired by Seattle-based Volt, which offers "hyper-personalized" strength training that "dynamically adapts" to individual athletes.
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Dallas’ BRIX Holdings Acquires Organic Juice Bar Franchise Clean Juice
by | Apr 26, 2024
The deal will add more than 75 existing Clean Juice locations—along with a dozen more in development—to the BRIX network, which also includes Friendly's, Orange Leaf, Red Mango, Smoothie Factory + Kitchen, Humble Donut Co., and Pizza Jukebox brands.
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Hillwood Acquires 3-Building Office Portfolio in Irving

by | Apr 24, 2024
The Freeport Business Center has a 70% occupancy rate, with space available for lease ranging from 26,406 to 82,500 square feet, Hillwood said. Notable tenants include Northrop Grumman Corp., Yardi Systems, Sirius XM, and most recently Boeing.
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Dallas’ Kiosk Operators Acquires Pharmaceutical Kiosk Company Wellmation
by | Apr 19, 2024
Kiosk Operators said that with regulatory approval in seven states—including Texas, California, and Florida—for patient-accessible remote automated pharmacy dispensing systems, the industry is poised for widespread adoption of this innovative kiosk technology.
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Dallas Sales & Marketing Software Company HighLevel Gets Minority Growth Investment from General Atlantic
by | Apr 18, 2024
HighLevel—a provider of AI-powered sales and marketing automation software for marketing agencies, entrepreneurs, and small businesses—said the partnership enables it to invest further in key growth and innovation initiatives across product and AI.
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Irving-Based Packaging and Fulfillment Co. AmeriPac Acquired by Veritiv

by | Apr 18, 2024
AmeriPac is a leading provider of turnkey contract packaging and fulfillment services with annual revenues of roughly $60 million.
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PE Firms Acquire North Texas-Based Shock‑Gard and Pennsylvania’s Ty‑Gard, Form Dallas Holding Company
by | Apr 18, 2024
Shock-Gard and Ty-Gard—both acquired from owner and CEO Matthew Bullock—offer RFID-enabled, expandable foamcore panels that prevent damage in railcars and shipping containers. as well as flexible restraint systems for multimodal transit.
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7-Eleven Closes $1B Acquisition of 204 Stripes & Laredo Taco Locations from Sunoco
by | Apr 17, 2024
The stores—which are located across West Texas, New Mexico, and Oklahoma—now join the more than 13,000 7-Eleven, Speedway, and Stripes locations that 7-Eleven operates, franchises, and/or licenses across the U.S. and Canada. Sunoco made news today, too, announcing the close of its own $181 million acquisition of European liquid fuels terminals.
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