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’ Divcon Controls Snags Investment from Goldman Sachs Alternatives

by | Feb 21, 2024
The investment positions the Dallas-based systems integrator to expand market share for its facility management automation and monitoring solutions in the mission-critical data center market. 
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Dallas Home Decor Brand The Citizenry Acquired by Havenly
by | Feb 21, 2024
Founded in 2014, The Citizenry is a socially motivated home decor brand offering sustainable furniture and goods sourced from thousands of artisans around the world. Its fair trade impact will be multiplied with the acquisition by Denver-based Havenly, an interior design service and home furnishings company.
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Crow Holdings Closes Its Largest Fund Yet, Raising $3.1B for Real Estate Bets
by | Feb 21, 2024
The $3.1 billion mega-fund from Dallas real estate investment firm Crow Holdings arms the company with financial firepower to target assets in high-growth markets across the country.
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Invited Sells its Stadium Clubs Division to Denver Venue Management Company
by | Feb 20, 2024
The acquisition by Denver-based Oak View Group comes just months after Dallas-based Invited sold its Big Shots Golf business for around $29 million. Invited's University Stadium Clubs include venues at Baylor's McLane Stadium, Texas Tech's Jones AT&T Stadium, the University of Arizona's Arizona Stadium, and others.
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Dallas-Based Valesco Industries Sells Its Interests in Drug Free Sport International

by | Feb 12, 2024
DFSI is an international third-party administrator of drug prevention/education and drug-testing programs for professional, collegiate, and amateur sports organizations. It's also a third-party service provider for clinical and mobile health services.
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North Texas’ Cardboard Spaceship Launches $1M PE Fund To Produce ‘Cinematic’ Stock Footage
by | Feb 12, 2024
The Plano-based video production company, which has outposts in New York and Chicago, says its new PE affiliate Launchpad Ventures aims to collaborate with creatives to produce "premium cinematic" footage for agencies and brands.
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Dallas’ Oldcastle BuildingEnvelope Acquires Midwest Glass Fabricators
by | Feb 8, 2024
Oldcastle BuildingEnvelope CEO Bruno Biasiotta said his company's customers and partners "will benefit from the combined expertise of OBE and Midwest Glass through a broader portfolio of products, expanded geographic coverage, and access to OBE’s industry-leading tools and services.”
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Dallas’ Braemont Capital Acquires Colorado Tech Services Provider Loenbro
by | Feb 8, 2024
Braemont said the deal strategically positions Loenbro—a provider of highly technical, specialized services to the data center, infrastructure, and diversified industrial markets—for continued growth through both organic and M&A-driven initiatives.
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Dallas’ Trive Capital Is Taking a U.K. Bowling and Entertainment Company Private

by | Feb 8, 2024
Tenpin offers customers a unique experience via a mix of bowling lanes, video arcades, escape rooms, karaoke, laser tag, pool, table tennis, and soft play across 53 centers. The partnership with Trive will allow Tenpin to accelerate its expansion strategy in the U.K. and continue to invest in its site portfolio to enhance customer experience, the Dallas PE firm said.
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Dallas-Based CBRE To Pay Over $1B for Military Hospitals and Bases Services Firm
by | Feb 5, 2024
CBRE Chair and CEO Bob Sulentic says the acquisition aligns with its M&A strategy to boost technical services, increase "revenue resilience" and long-term growth, and expand the company's government client work. 
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Ever.Ag Acquires AgencyRoot to Empower Crop Insurance Agents with Advanced Software Solutions

by | Feb 1, 2024
Lewisville-based Ever.Ag said the acquisition of Dallas' AgencyRoot enhances its presence in the crop insurance sector by providing agents with innovative and user-friendly technology. The companies share "the same passion for innovation in agribusiness," AgencyRoot's CMO said.
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North Texas-Based Accolite Merges with Chicago Company To Form Global Leader in Digital Transformation Services
by | Feb 1, 2024
Aiming to reach $1 billion in revenue in around five years, the temporarily named Bounteous x Accolite will be headquartered in Chicago with offices across North America, Europe, and Asia. The combined company will employ 5,000 people—with more than 1,200 in North America, more than 3,400 in APAC, and more than 400 in Europe.
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Dallas Real Estate Services Firm Mohr Partners Teams Up with Canadian Firm To Broaden Global Reach
by | Jan 31, 2024
Mohr Partners is a leading global corporate real estate advisory and outsourcing services firm. CDNGLOBAL is a Canadian full-service commercial real estate brokerage and advisory firm. With their international partners, they have over 1,000 real estate professionals covering 70 cities throughout the world.
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