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. 

 

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’ 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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Jacobs to Spin-off and Merge its Critical Mission Solutions and Cyber & Intelligence Businesses
by | Nov 27, 2023
Jacobs announced it will combine the businesses with Virginia-based Amentum, a global engineering and technology solutions provider—creating a new, publicly traded player in the government services sector with nearly $13 billion in annual revenue.
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Siemens Acquires Insight EDA, Maker of ‘Groundbreaking Circuit Reliability Solutions’

by | Nov 20, 2023

Plano-based Siemens Digital Industries Software has completed its acquisition of Insight EDA Inc., an EDA software company that delivers groundbreaking circuit reliability solutions to many of the world’s leading integrated circuit (IC) design teams.

According to Siemens, Insight EDA’s technology identifies and helps address design specific potential circuit reliability failure areas, bolstering the confidence of design engineers in achieving first-pass silicon success....

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Fort Worth’s Operio Group Acquires the Elizabeth Family of Companies
by | Nov 18, 2023

Fort Worth-based Operio Group has acquired Elizabeth Carbide Die Co. Inc., Elizabeth HATA, and Scheu & Kniss, leading manufacturers of tablet tooling, tableting presses, blister pack tooling, turrets, and press parts, from the Elizabeth Companies.

Operio, an emerging holding company building a global body of brands supplying and supporting the solid dose manufacturing industry, said the acquisition marks a pivotal moment in its endeavor to become the top provider of solutions for solid dose manufacturers....

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Dallas-Based Accounting Firm FORVIS and Paris’ Mazars to Form a New Top 10 Global Network
by | Nov 16, 2023
FORVIS is the eighth largest public accounting firm in the U.S. and Mazars is a Paris-based international audit, tax, and advisory firm. With $5 billion in combined revenues, the companies will operate under the Forvis Mazars brand worldwide effective June 1, 2024.
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Venture Titans Gather at Circle T Ranch to Power North Texas’ ‘Next-Level’ Growth
by | Nov 9, 2023
The exclusive Circle T Ranch reception—an annual highlight of the Venture Dallas franchise—drew founders and funders for pivotal connections and conversations. But the headliner unfolded on stage as Anurag Jain, Hill Perot, and Brendan Gaffey strategized the future of the startup and venture ecosystem in North Texas.
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Fort Worth’s Hahnfeld Hoffer Stanford Architects Acquired by Louisiana Firm

by | Nov 9, 2023
Founded in 1963, HHS has been acquired by Baton Rouge-based Grace Hebert Curtis Architects, which has a Dallas office. Grace Hebert is a leading architecture, engineering, and construction firm.
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Dallas-Based Beck Technology Gets Growth Investment from Pamlico Capital, Along with New CEO
by | Nov 9, 2023
As part of the strategic growth investment, Norbert Orth, a senior software executive with extensive construction technology experience, will join Beck Technology as CEO.
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Havencrest Acquires Dallas Healthcare Temp Provider Focus Staff Services
by | Nov 9, 2023
Founded in 2009, Focus Staff Services provides both nurse and allied staffing services, across all 50 states, to many of the country's leading integrated delivery networks, acute care hospitals, and other healthcare facilities.
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Defense Tech Experts: The ‘Military-Industrial Complex’ is Ripe for Disruption
by | Nov 7, 2023
At Venture Dallas 2023, venture capitalists and defense department minds said evolving technologies are creating new opportunities in the defense tech sector for well-financed startups.
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