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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.
Photo: Radachynskyi/iStockPhoto
L.A. Company Completes Majority Growth Investment in Irving EdTech LineLeader
by Lance Murray | Jun 12, 2023
LineLeader ChildcareCRM says its childcare platform empowers businesses to grow enrollment, boost family engagement, and simplify center management. The investment from L.A.-based Marlin aims to "accelerate its product development, expand its market reach, and deliver even greater value to its customers."
by Lance Murray |
Jun 9, 2023
General Motors said the investment will enable it to strengthen its industry-leading full-size SUV business. Since 2013, GM has announced nearly $2 billion in investments for its Arlington Assembly plant. See why the company is committed to offering internal combustion engine vehicles for years to come—despite its plan to spend $35 billion on electric and autonomous vehicle development by 2025.
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by Lance Murray |
Jun 8, 2023
Loopback, under founder Neil Smiley's leadership, is at the forefront of integrating advanced data analytics into life sciences. Now, Loopback is set to widen its horizon, thanks to a strategic growth investment from PSG.
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by Lance Murray |
Jun 8, 2023
Dallas-based employee-owned, full-service design firm Huitt-Zollars, Inc. continued the expansion of its public works practice in Phoenix, Arizona, with the addition of Gavan & Barker, a Phoenix-based design group with expertise in civil engineering and landscape architecture.
“The addition of Gavan & Barker expands Huitt-Zollars’ footprint in the Phoenix area and increases our visibility in the public works market,” Huitt-Zollars President Robert McDermott said in a statement....
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Farmer Brothers' former headquarters building in Northlake, located directly across from the Texas Motor Speedway. [Photo: Farmer Brothers]
North Texas’ Farmer Brothers To Sell Direct Shipping Business for $100M to TreeHouse Foods
by Lance Murray | Jun 7, 2023
Farmer Brothers—a leading roaster, wholesaler, equipment servicer and distributor of coffee, tea, and more—will keep its corporate headquarters in Northlake at its current location near the Texas Motor Speedway. But the company is moving a key part of its business to Oregon.
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by Lance Murray |
Jun 5, 2023
Dallas-based Trinity Hunt Partners announced a majority investment in Centricity Research, a clinical research services provider specializing in conducting Phase I-IV clinical trials across more than 40 therapeutic areas.
The amount of the investment was not disclosed.
“We are confident that Trinity Hunt’s expertise in partnering with growing healthcare services companies and its shared commitment to providing an empowering team environment will help us drive innovation and make significant strides as we continue to expand,” Centricity President Dr....
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by Lance Murray |
Jun 5, 2023
HomeServices of America has increased its ownership stake in Dallas-based title insurance underwriter Title Resources Group.
Minnesota-headquartered HomeServices of America is a Berkshire Hathaway affiliate and one of the nation’s largest residential real estate companies based on closed transactions. No financial details were released.
“We are excited to deepen our relationship with Title Resources Group and other partners at Centerbridge, Anywhere and Opendoor,” HomeServices CEO Gino Blefari said in a statement....
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by Lance Murray |
Jun 2, 2023
Harry Kane becomes the latest pro athlete—and first soccer star— to join the OxeFit investor team alongside Dallas Cowboys quarterback Dak Prescott, professional golfers Dustin Johnson and Talor Gooch, and Miami Dolphins star Jalen Ramsey, among others.
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Rosy Wellness founder and CEO Dr. Lyndsey Harper
Rosy Wellness Raises $1.2M To Grow Its Women’s Sexual Health Platform
by David Seeley | May 30, 2023
Dallas-based Rosy aims "to smash taboos around women's sexual health" by using technology to bridge gaps in care. In a Q&A with Dallas Innovates, Founder and CEO Dr. Lyndsey Harper talks about raising $4.2 million to date as a femtech startup; her plans for Rosy's growth; AI's place in women's sexual health; and more.
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by Lance Murray |
May 25, 2023
Sera—a SaaS service for small-to-large size HVAC, plumbing, and other field service businesses—said it closed the oversubscribed funding round with a market cap three times the value the company had at the close of its Series A round in November 2021.
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by Lance Murray |
May 25, 2023
Plano-based G.O.A.T. Fuel raised its "first-ever institutional round of funding in a space that’s becoming increasingly more competitive and despite growing market challenges."
The energy drink co-founded by NFL Hall of Famer Jerry Rice in 2020 is powered by natural caffeine, cordyceps mushrooms, green tea, electrolytes, BCAAs, and 10 essential vitamins.
The energy drink co-founded by NFL Hall of Famer Jerry Rice in 2020 is powered by natural caffeine, cordyceps mushrooms, green tea, electrolytes, BCAAs, and 10 essential vitamins.
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by Lance Murray |
May 24, 2023
Founder and "Chief Camper" Gary Wojtaszek plans to use the facility to scale his fast-growing company, a leading owner, operator, and developer of RV and marine storage facilities. RecNation now has 47 facilities across six states, and is expanding to offer rental, sales, and repair support as well.
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Michael Levy, CEO of Crow Holdings [Photo: Crow Holdings]
Crow Holdings’ Joint Venture To Launch $2.6B Platform for Food & Service Shopping Centers
by Lance Murray | May 23, 2023
The partnership with Crow Holdings Capital and a global institutional investor allows Crow Holdings to expand its retail investment strategy of acquiring small-format, convenience-oriented, open-air, food and service shopping centers. CEO Michael Levy says the partnership "serves as a powerful endorsement of CHC’s investment strategy in this attractive segment of the retail real estate market."
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by Lance Murray |
May 23, 2023
Dallas-based CBRE Group Inc.’s property management group has formed a global strategic partnership with Deepki that will bring Deepki Ready, one of the world’s most extensive landlord-focused real estate sustainability data-intelligence platforms, to the commercial properties CBRE manages for investors worldwide....
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by Lance Murray |
May 23, 2023
Beginning this fall, the grant will cover tuition and fees for candidates entering the rigorous, two-year Master of Educational Leadership program with a STEM concentration. Candidates will be drawn from Cedar Hill, Dallas, DeSoto, Duncanville and Lancaster independent school districts.
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by Lance Murray |
May 23, 2023
SmartAction, a Fort Worth-based AI platform provider specializing in advanced Intelligent Virtual Agents and conversational AI solutions, has closed a new round of funding that brings the current strategic growth capital amount to $38 million....
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