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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.
Brian Combs, left, President of Tyler Technologies' Platform Solutions Division; and Chris Webster, President of the company's ERP & Civic Division [Photos: Tyler Technologies]
Plano’s Tyler Technologies Acquires ARInspect and ResourceX
by Lance Murray | Nov 1, 2023
ARInspect is a Fairfax, Virginia-based provider of AI-powered machine learning solutions for public sector field operations. ResourceX is a leader in providing priority-based budgeting software to the public sector to address challenges faced in traditional budgeting processes.
by David Seeley |
Oct 30, 2023
In an all-stock merger transaction, Spirit Realty Capital is being acquired by San Diego-based Realty Income Corporation. Spirit Realty is a leading real estate investment trust with tenants including Life Time Fitness, Invited, At Home, Dave and Buster’s/Main Event, Church's Chicken, Dollar Tree, and other national brands.
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by David Seeley |
Oct 30, 2023
Vizient has completed its acquisition of PrefTech OR, a next-gen, cloud-based preference card management software solution. Designed to make sure operating rooms are ready for every procedure, the software aims to help hospitals decrease waste, lower labor costs, and ensure patients are treated promptly.
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by David Seeley |
Oct 30, 2023
A lifelong soccer fan, Rodriguez is now one of the owners of the Dallas indoor soccer team. Sidekicks President Jesse Llamas hopes the Frisco-based esports pioneer will help his team "unite the physical and digital realms, creating an immersive journey that resonates with fans of all ages."
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The five transactions were in various healthcare verticals, VERTESS said, noting that "the headwinds faced earlier in the year because of global and domestic economic pressures are clearing and signs for a profitable Q4 and 2024 are strong."
Fort Worth Healthcare M&A Firm VERTESS Closed 5 Deals Totaling $75M in Q3
by Lance Murray | Oct 25, 2023
The five transactions were in various healthcare verticals, VERTESS said, noting that "the headwinds faced earlier in the year because of global and domestic economic pressures are clearing and signs for a profitable Q4 and 2024 are strong."
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by David Seeley |
Oct 25, 2023
Thirty-five years after developing Perot Field Fort Worth Alliance Airport and after decades of booming economic impact at AllianceTexas, Dallas-based Hillwood is making its first-ever play in the Panther City's downtown district.
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by Lance Murray |
Oct 23, 2023
To date, Island has sold more than 2 million browsers to customers in all major verticals and segments and has multiple customers ranking in the top 20 of the Fortune 100, the company said.
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by Lance Murray |
Oct 20, 2023
Nationally recognized for her strategic communications and crisis management expertise, Merrie Spaeth will join the Sunwest team as founder of Spaeth Training.
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Left: Drew Holmgreen is chief brand officer of Meeting Place International; Right: Tim Boobar has been hired as CFO of Meeting Place International [Photos: MPI, LinkedIn]
Meeting Professionals International Names New CFO, Acquires Canada’s the EVENT
by Lance Murray | Oct 20, 2023
Tim Boobar has been hired as the new CFO of Dallas-based Meeting Professionals International, which also announced its acquisition of "the EVENT," one of Canada's most prestigious event industry experiences.
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by Lance Murray |
Oct 19, 2023
Introduced in 1993, ABACUS Optical Probes provide the physical communication link between a computer data port and the infrared LEDs on electricity meters to obtain meter billing data, make programming changes, and perform onsite diagnostics. The probes have attained "a dedicated worldwide following" since that launch, TransData says.
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by Quincy Preston |
Oct 17, 2023
China dominates rare earth metals, controlling 60% of global production. A new $300K National Science Foundation grant enables a team of chemists, engineers, and materials scientists at UT Arlington to diversify and strengthen the U.S. supply chain.
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by Quincy Preston |
Oct 17, 2023
Gardenuity—a high-tech gardening platform with a wellness mission—has harvested new capital to fuel growth, according to an Axios report. And its visibility is blooming nationwide thanks to recent inclusion in major media gift guides.
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Chris Gay, co-founder and CEO of Evry Health [DI artwork; photo Evry Health]
Globe Life Acquires Dallas-Based ‘Mobile-First’ Insurance Startup Evry Health
by David Seeley | Oct 16, 2023
Dallas-based Evry Health launched out of stealth in December 2021 to make signing up for healthcare or paying a doctor’s bill "as easy as ordering a pizza." Less than two years later, it's becoming part of the Globe Life family of brands.
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by Lance Murray |
Oct 12, 2023
McKinney-based StatLab Medical Products, a developer and maker of medical diagnostic supplies and equipment, has agreed to buy Germany-based Waldemar Knittel Glasbearbeitungs GmbH, a leading manufacturer of microscope slides and cover glass and a provider of engineering consulting services to the broader glass manufacturing industry....
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by Lance Murray |
Oct 12, 2023
Fort Worth-based PMG has acquired Dallas-based Camelot Strategic Marketing & Media, one of the largest independent agency buyers of video, OTT, and CTV, and leaders across business and marketing transformation for more than 40 years....
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by Lance Murray |
Oct 12, 2023
Dallas-based electronic payments provider Finical has been acquired by Nashville-based Celero Commerce, a top 10 U.S. non-bank payment processor.
Celero said that with the addition of Dallas-based Finical, it will process roughly $25 billion in annual card volume. No financial details of the acquisition were released.
“Finical and Celero share a common goal of providing the best technology, services and support to small and mid-sized businesses,” Finical founder Aaron Nasseh said in a statement....
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