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-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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Venture Dallas Names Three Winners in Inaugural ‘Startup of the Year’ Awards
by | Nov 6, 2023
The winning companies were selected from 100+ nominees and eight semifinalists. They reflect "strong themes" in the Dallas-Fort Worth ecosystem: FinTech, DefenseTech, and PropTech, says steering committee member David Evans.
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Six Flags, Cedar Fair Agree to $8B Merger of Theme Park Industry Giants

by | Nov 2, 2023
The combined company will be headquartered in Charlotte, North Carolina, and operate under the Six Flags name. Six Flags Entertainment is the operator of Six Flags Over Texas in Arlington, where the company's current HQ is located. The combined company will boast 27 amusement parks, 15 water parks, and 9 resorts, plus pop-culture IP, safari parks, and more.
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Dallas-Based Invited Sells Its BigShots Golf Business to Topgolf Callaway for $29M
by | Nov 2, 2023
Five years after acquiring BigShots Golf, Invited is stepping away from golf entertainment venues to "laser focus" on its nation-leading portfolio of private golf and country clubs, stadium clubs, and business clubs. Invited says its deal with Topgolf Callaway Brands has "just scratched the surface" of synergies the two aim to jointly pursue.
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Dallas’ Trinity Consultants Acquires Waid Environmental Services Firm
by | Nov 1, 2023

Dallas-based Trinity Consultants has acquired Waid Environmental, an Austin-based engineering and environmental services firm specializing in air quality, emissions control, permitting, and compliance.

Trinity is a global environmental consulting firm providing services and solutions in the EHS (environmental, health, and safety) regulatory compliance, built environment, life sciences, and water and ecology markets....

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Months After Relocating to Dallas, Landsea Homes Acquires Colorado Homebuilder
by | Nov 1, 2023

Landsea Homes Corp., which relocated its headquarters earlier this year from California to Dallas, announced in October it has acquired the assets and lot inventory of Richfield Homes, making its entry into the Colorado market.

“We are very excited about this transaction, as it provides Landsea with a unique opportunity to establish a presence in one of the best housing markets in the country,” Landsea CEO John Ho said in a statement....

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Lennox Completes Acquisition of AES to Bolster Company Growth

by | Nov 1, 2023

Richardson-based Lennox, a leader in energy-efficient climate-control solutions, completed the acquisition of Virginia-based AES, a company dedicated to service and sustainability in the light commercial market, the company announced in October.

Terms of the acquisition were not disclosed.

AES provides installations services, adapter curbs, and reclaim services across North America and will become part of the Lennox Commercial Business Segment, enabling the delivery of “front-to-back” life-cycle integrated services to AES and Lennox customers....

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Plano’s Tyler Technologies Acquires ARInspect and ResourceX
by | 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.
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Dallas-Based Spirit Realty Capital Acquired in $9.3 Billion Deal
by | 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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OpTic Gaming CEO Hector Rodriguez Joins Dallas Sidekicks Ownership Group

by | 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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Healthcare Executive Joins Prolucent Board of Directors with $4M A1 Health Ventures Investment
by | Oct 27, 2023
A1 Health Ventures is a newly launched VC firm developed jointly between Abundant Venture Partners and First Trust Capital Partners. Its director, Joe Greskoviak, joins Dallas-based Prolucent's board following a $4 million investment, which will fuel Prolucent's "continued product innovation."
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Fort Worth Healthcare M&A Firm VERTESS Closed 5 Deals Totaling $75M in Q3
by | 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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Hillwood Just Bought an Entire City Block in Downtown Fort Worth for Its First-Ever Project There
by | 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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