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. 

 

Perot Jain Makes ‘Significant’ Investment in Pennsylvania-Based PropTech That Works with Hillwood

by | Oct 12, 2023
Cecilian Partners offers end-to-end digital solutions for homebuilders and land developers, with a fast-growing client base in Dallas-Fort Worth, including Hillwood Communities—one of the country's largest community developers, a strategic partner of Perot Jain, and Cecilian Partners' largest client.
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ExxonMobil To Acquire Irving-Based Pioneer Natural Resources in $64.5 Billion Deal
by | Oct 11, 2023
The companies said the all-stock merger deal combines Pioneer’s more than 850,000 net acres in the Midland Basin with ExxonMobil’s 570,000 net acres in the Delaware and Midland Basins, creating "a diversified energy company with the largest footprint of high-return wells in the Permian Basin."
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Fair Park First Receives $5M Gift for Naming of New Carona Plaza at the Cotton Bowl
by | Oct 11, 2023
Announcing the gift alongside the Dallas Park and Recreation Department, Fair Park First said that Carona Plaza will serve as "the signature heartbeat" of the Fair Park campus, situated directly in front of the iconic Cotton Bowl Stadium and Leonhardt Lagoon.
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Dallas’ Grey Rock to Invest Up to $100M in CarbonCycle’s Carbon Capture and Sequestration Platform
by | Oct 5, 2023

Dallas-based private equity firm Grey Rock Investment Partners is making a controlling investment in Colorado-based CarbonCycle LLC via a capital commitment of up to $100 million.

Grey Rock said that it’s making the investment through its affiliated investment vehicles and that the money will fund additional growth of the company. Founded in 2013, Grey Rock seeks to make positive environmental impact investments....

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Dallas’ Howard LLP Merges into Top 50 CPA Firm Bonadio Group

by | Oct 5, 2023

Dallas-based CPA firm Howard LLP will join The Bonadio Group, a nationally ranked Top 50 CPA firm and the largest independent provider of professional services in Upstate New York.

Bonadio Group said the move strengthens its commitment to the Dallas–Fort Worth area. The move becomes official on Nov. 1, when all 85 employees of Howard LLP will join The Bonadio Group....

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Revitalizing Communities and Spurring Growth With Tax Credits
How developers in Southern Dallas can take advantage of this financial tool to accelerate change.
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Irving Multifamily Developer JPI to be Acquired by Japanese Forestry Co.
by | Oct 2, 2023

Irving-based JPI, a developer of multifamily communities, is being acquired by Sumitomo Forestry America Inc., a comprehensive housing and wood products subsidiary of Sumitomo Forestry Co....

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Dallas-Based Cybersecurity Provider Vector0 Acquired by Stratascale

by | Sep 28, 2023
Vector0's ASM platform helps organizations discover, prioritize, and mitigate critical security risks, the company said, using continuous internet scans to identify assets, unify vulnerability and security data, and provide proactive, automated testing, and suggested fixes.
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‘Innovation Meets Investment’: Venture Dallas Sets Sights on National Stage with New Branding, Expanded 2023 Summit
by | Sep 27, 2023
The rebrand "marks the start of our next chapter of growth," says Venture Dallas Chair Aaron Pierce. The nonprofit's 2023 summit, backed by JPMorgan Chase and Perot Jain, is set for October 25.
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Dallas Healthcare Benefits Platform Take Command Gets $25M Growth Investment

by | Sep 20, 2023
An individual healthcare benefits platform for small and mid-market employers, Take Command snagged the equity investment from New Jersey-based Edison Partners. Founded in 2014, Take Command aims to "disrupt group health insurance" with "individual market plans that can be personalized to each employee."
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GCM Grosvenor to Invest $100M in Irving’s Vesper Energy as New Strategic Partner
by | Sep 20, 2023
The Chicago-based global alternative asset management solutions provider has committed to invest up to $100 million in Vesper Energy over the next 12 months. Vesper has a growing portfolio of utility-scale solar, solar and energy storage, and standalone energy storage projects across the U.S.
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Vision
Dallas’ Unifeye Vision Partners Acquires California Eyecare Platform
by | Sep 20, 2023
Unifeye Vision Partners, a portfolio company of Waud Capital, established its West Coast footprint in the deal, snagging 10 California clinics and two multi-specialty ASCs in the process.
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