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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.
[Image: Diy13/istockphoto]
U.S. Energy Development Corp. Expands Footprint in Permian Basin With $225M Investment
by Lance Murray | Apr 26, 2023
U.S. Energy Development Corp. is expanding its footprint in the Permian basin, building on its existing investments of over $400 million in the region over the past year. According to CEO Jordan Jayson, many operators in the Permian region are turning to innovation and advanced tech to tap into the remaining potential of the area, improve efficiency and safety, and maintain high levels of output.
by Lance Murray |
Apr 26, 2023
Global alternative asset management firm TPG has closed TPG Tech Adjacencies II, the firm’s second fund for its strategy dedicated to providing flexible capital solutions to the technology industry....
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by Lance Murray |
Apr 26, 2023
"It’s no secret that real estate is booming in Texas," says Evernest founder and CEO Matthew Whitaker. The acquisition marks Evernest's entry into the Texas real estate market and its 18th acquisition in the past year.
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by David Seeley |
Apr 25, 2023
Fort Worth-based Harvest Returns has found good soil to plant the seeds of investment success since its founding by Rawley and COO Austin Maness in 2016. The two military veterans created an online crowdfunding marketplace that brings agricultural producers together with investors, and today they announced that they've reaped a milestone: The company's platform has reached the $30 million mark in funding more than 50 farms, ranches, and other agribusinesses.
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Blackboxstocks is a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels. Its proposed merger with U.K.-based Evtec—a supplier of proprietary parts for leading luxury, performance, and electric vehicle brands including Jaguar Land Rover, Aston Martin, and Ford, among many others—sent Blackbox stock sharply higher this morning.
Dallas’ Blackboxstocks To Merge with Luxury and Electric Vehicle Supplier Evtec Group
by Lance Murray | Apr 17, 2023
Blackboxstocks is a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels. Its proposed merger with U.K.-based Evtec—a supplier of proprietary parts for leading luxury, performance, and electric vehicle brands including Jaguar Land Rover, Aston Martin, and Ford, among many others—sent Blackbox stock sharply higher this morning.
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by David Seeley |
Apr 17, 2023
Colorado-based Movement Climbing, Yoga and Fitness—a national leader in indoor climbing gyms—just got a bigger toehold in North Texas with the acquisition of four Summit Climbing, Yoga and Fitness Gyms' locations in Grapevine, Plano, Denton, and Fort Worth. Movement already operated climbing, yoga, and fitness gyms in the Dallas Design District and Dallas' The Hill Shopping Center.
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by Lance Murray |
Apr 14, 2023
Dallas-based global tax services and software provider Ryan has acquired RETC Group (RETC), a property tax consulting firm also based in Dallas. It’s a deal that adds to Ryan’s growing property tax practice....
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by Lance Murray |
Apr 12, 2023
Spectral MD Holdings, founded over a decade ago, is a predictive analytics company focused on wound care treatment. It plans to delist from the AIM market and list on Nasdaq via a SPAC merger, operating as Spectral AI. The company’s AI-enabled FDA Breakthrough Designated DeepView platform uses AI algorithms and "difficult-to-duplicate" imaging technology to provide healing assessments.
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MedArrive Co-Founder and CEO Dan Trigub
Irving Mobile Healthcare Firm MedArrive Gets $8M in Funding To Help Reduce ER Visits, Hospitalizations
by Lance Murray | Apr 11, 2023
The investment from Cobalt Ventures follows MedArrive's $25 million series A round in November 2021 and brings its total funding to $40.5 million to date. "Everyone in America has a right to inclusive, high-quality care, yet too many are left out and have no one on their side who can connect them to the system," MedArrive Co-Founder and CEO Dan Trigub said. "That's what the MedArrive platform and our field providers offer."
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by Lance Murray |
Apr 11, 2023
The Coppell-based startup said it will use the proceeds to advance and scale its Digital Medical Home, which includes diagnostic-enabled Virtual Primary Care and Virtual Behavioral Health Solutions tailored to fit the healthcare needs of any population. Recuro integrates advanced science, data, at-home diagnostics, and targeted genomics for cancer screening and pharmacogenomics "to better inform integrated care," the company says.
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by Dallas Innovates | Staff Report |
Apr 7, 2023
Ribbon Communications CFO Mick Lopez cites favorable interest rate outlook for the timing of the private placement financing and fixed-rate swap to reduce debt.
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by Lance Murray |
Apr 5, 2023
Dallas-based Brierley+Partners has been acquired by Capillary Technologies, a global customer loyalty and customer engagement SaaS platform based in India.
Brierley+Partners is a globally recognized leader in loyalty technology, strategy, and execution....
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[Photo: Funtap/istockphoto]
Thomson Reuters and TPG Strike $500M Deal for Elite Standalone Legal Tech Venture
by Lance Murray | Apr 5, 2023
TPG, which is based in Fort Worth and San Francisco, has agreed to acquire a majority stake in Elite to accelerate the growth and expansion of its legal tech solutions.
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by Lance Murray |
Apr 4, 2023
Buxton, a Fort Worth-based retail customer analytics provider, announced a strategic growth investment led by PSG, a growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth....
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by Lance Murray |
Mar 30, 2023
Phase 3 Marketing and Communications of Atlanta has acquired Dallas-based digital printing company Technology Media Group Inc (TMG).
Phase 3 Marketing and Communications is an integrated marketing services company that also has offices in Dallas, the New York City metropolitan area, Nashville, and Charlotte. No financial details were released.
TMG’s capabilities will strengthen Phase 3’s fabrication, embroidery, and branded merchandise product offerings, the company said....
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by Lance Murray |
Mar 30, 2023
Music Audience Exchange (MAX) has acquired My Artist Pages LLC, also known as AMAP.to, to offer artists new capabilities for managing their digital presence and connecting with fans.
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