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.
JPI CEO Payton Mayes
Irving-based JPI, a developer of multifamily communities, is being acquired by Sumitomo Forestry America Inc., a comprehensive housing and wood products subsidiary of Sumitomo Forestry Co. Ltd., the companies announced.
JPI said that minority interests will be acquired by JPI Chief Executive Officer Payton Mayes and Mollie Fadule, JPI chief financial and investment officer....
Global alternative asset management firm TPG has completed its acquisition of Austin-based Forcepoint’s Global Governments and Critical Infrastructure cybersecurity business from Francisco Partners.
TPG is headquartered in Fort Worth and San Francisco....
Osteal Therapeutics, a clinical-stage biopharmaceutical company, says it's developing "a new category" of combination therapies for orthopedic infections. The new funding round, led by Asteroid Partners, will help Osteal accelerate preparation for commercial launch of VT-X7, its lead therapy for the treatment of periprosthetic joint infection, the company said.
[Photo by Delpixars via iStock]
The Citizenry Co-Founder Carly Kouba Nance (right) and RevTech Founder David Matthews talk scale at the summit. [Photo: Jewels Clark]
