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. 

 

Spaeth Communications Acquired by Dallas’ Sunwest Communications

by | Oct 20, 2023
Nationally recognized for her strategic communications and crisis management expertise, Merrie Spaeth will join the Sunwest team as founder of Spaeth Training.
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Dallas-Based FieldPulse Raises $21M in Series B Funding to Fuel Growth, Product Development
by | Oct 20, 2023

Dallas-based FieldPulse, a leading software provider in the field service industry, announced a $21 million Series B funding round led by Fulcrum Equity Partners, the company announced....

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Meeting Professionals International Names New CFO, Acquires Canada’s the EVENT
by | Oct 20, 2023
Tim Boobar has been hired as the new CFO of Dallas-based Meeting Professionals International, which also announced its acquisition of "the EVENT," one of Canada's most prestigious event industry experiences.
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TransData Finalizes Acquisition of U.K. Optical Probes Product Lines, Relocates Production to DFW
by | Oct 19, 2023
Introduced in 1993, ABACUS Optical Probes provide the physical communication link between a computer data port and the infrared LEDs on electricity meters to obtain meter billing data, make programming changes, and perform onsite diagnostics. The probes have attained "a dedicated worldwide following" since that launch, TransData says.
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Report: Dallas-Based Gardenuity Cultivates $5.5M Seed Round, Sets Sights on $19B Wellness Market

by | Oct 17, 2023
Gardenuity—a high-tech gardening platform with a wellness mission—has harvested new capital to fuel growth, according to an Axios report. And its visibility is blooming nationwide thanks to recent inclusion in major media gift guides.
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‘Conversations With Champions’: Sports Titans Hunt, Nowitzki to Headline Venture Dallas Summit
by | Oct 16, 2023
The NFL and NBA icons—Clark Hunt and Dirk Nowitzki—will kick off and wrap up discussions on innovation and investment. They add to an "impressive speaker lineup" including Nextdoor Co-Founder Nirav Tolia and other trailblazing speakers. Here's the full roster.
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Globe Life Acquires Dallas-Based ‘Mobile-First’ Insurance Startup Evry Health
by | Oct 16, 2023
Dallas-based Evry Health launched out of stealth in December 2021 to make signing up for healthcare or paying a doctor’s bill "as easy as ordering a pizza." Less than two years later, it's becoming part of the Globe Life family of brands.
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Dallas Electronic Payments Provider Finical Acquired by Tennessee Company

by | Oct 12, 2023

Dallas-based electronic payments provider Finical has been acquired by Nashville-based Celero Commerce, a top 10 U.S. non-bank payment processor.

Celero said that with the addition of Dallas-based Finical, it will process roughly $25 billion in annual card volume. No financial details of the acquisition were released.

“Finical and Celero share a common goal of providing the best technology, services and support to small and mid-sized businesses,” Finical founder Aaron Nasseh said in a statement....

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Dallas’ Access Healthcare Acquires Virginia-Based Envera Health
by | Oct 12, 2023
"Envera's proficiency in patient engagement coupled with our innovative revenue cycle services will elevate the value proposition for our healthcare provider clients," said Access Health Chairman and CEO Anurag Jain.
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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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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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