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. 

 

Cuban-Backed, Dallas-Based Yendo Raises $50M Series B To Fuel Its AI Credit Platform

by | Oct 9, 2025
Founded in 2021, Yendo offers the "first-ever" credit card secured by the equity in its customers' vehicles. And now the company is planning "a wave of launches" in Q4 2025—aiming to accelerate its vision of building "the bank for the underserved majority" of non-prime American lenders.
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Dallas’ Braemar Hotels & Resorts To Sell The Clancy in San Francisco for $115M as Part of Sale of Its Full Portfolio
by | Oct 8, 2025
Braemar's portfolio includes nine resort and five urban properties operated under brands including Ritz-Carlton Reserve, Four Seasons, Ritz Carlton, Park Hyatt, Autograph Collection by Marriott, Hilton, and Sofitel. In August, Braemar's board determined the luxury lodging REIT couldn't flourish in today's market environment "due to the historically low EBITDA multiple lodging REITs are achieving as well as the ongoing activism the company has received."
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Base Power Expanded to Dallas in August. Now the Texas Energy Startup Has Landed $1B to Build a Factory, Take Its Battery Model National
by | Oct 8, 2025
The Austin-based energy startup—co-founded and led by Zach Dell—offers fixed-rate energy plans with home battery backup. Its $1 billion Series C will fund national expansion and a new factory at a former newspaper press site.
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Dallas-Based Comerica To Be Acquired for Nearly $11B by Cincinnati’s Fifth Third Bancorp
by | Oct 7, 2025
The deal will create the ninth-largest U.S. bank with around $288 billion in assets. Once the deal closes, Fifth Third shareholders will own roughly 73% and Comerica shareholders will own approximately 27% of the combined company.
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Dallas-Based WashMetrix Acquired by Industry Giant to Advance Data Platform Behind ‘The CarWash Factory’

by | Oct 6, 2025
Dallas-based WashMetrix, founded in 2022 to keep data on track for operators in the $15 billion car-wash industry, has been acquired by Florida-based manufacturer Sonny’s as “an accelerant" to the company's strategy.
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Ameribrands Acquires Dallas-Based Genesis Hotel Services in Hospitality Expansion Move
by | Oct 4, 2025
Known for occupied remodels and more than 40,000 hotel “keys” completed, Genesis is the second acquisition this year by Ameribrands, which is building a national platform serving multi-site hospitality, retail, and restaurant brands.
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NIH Grants $1.84M to UTA Research Team Studying How the Immune System Can Go Wrong—and How to Fix It
by | Oct 4, 2025
The research could lead to better treatments for disease, including cancer.
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Dallas-Based Centersquare ‘Builds Backbone for AI Era’ with $1B in New Data Center Acquisitions
by | Oct 2, 2025
Self-funding the deals with "cash on hand," Centersquare has snapped up data centers in Dallas, Boston, Minneapolis, Tulsa, Nashville, Raleigh, Toronto, and Montreal, growing its portfolio to 80 facilities. A leading colocation provider in North America and the U.K., Centersquare was formed via the 2024 merger of Evoque Data Center Solutions and Cyxtera Technologies.
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Dallas-Based CSW Industrials To Acquire New York’s Motors & Armatures for $650M

by | Oct 1, 2025
Hauppauge, New York-based MARS Parts is one of the largest distributors of HVAC/R parts and supplies in North America. The acquisition will strategically complement CSW's current contractor solutions business, which traditionally has been more focused on new unit installations and replacements, CSW said.
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SEC Greenlights Texas Stock Exchange; TXSE Set to Launch in 2026
by | Sep 30, 2025
Dallas‑based TXSE has earned SEC approval to operate as a national exchange, aiming to begin trading by 2026. “Real competition for corporate listings in the United States has finally arrived,” said founder and CEO James H. Lee—and it’s coming from Y’all Street.
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Vee Healthtek Moves HQ to North Texas, Scales AI-Enabled Platform With Strategic Acquisition
by | Sep 30, 2025
Backed by new leadership, a rebrand, and a growth investment from TA Associates, the company is expanding its AI- and automation-driven healthcare platform with the acquisition of Precision Practice Management.
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Dallas’ Smarter Technologies Acquires Irving-Based Pieces, Launches ‘SmarterNotes’ Clinical AI Solution
by | Sep 30, 2025
Formed earlier this year by the combination of Dallas' Access Healthcare with NYC-based SmarterDx and Austin-based Thoughtful.ai, Smarter Technologies said the new SmarterNotes solution combines SmarterDx’s proprietary clinical AI with Pieces’ industry-leading note automation workflows, "connecting the dots" from patient admission to final payment.
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Firehawk’s Oversubscribed $60M Round Adds European Backing for Defense, 3D-Printed Rocket Tech

by | Sep 25, 2025
The Addison-based company says new investment from European VC firm Presto Ventures and global industrial and tech company Czechoslovak Group will help boost defense supply chain resilience—and support readiness for NATO and allied forces.
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Plano’s Clearspan Acquires N.C.-Based AveriStar
by | Sep 25, 2025
Clearspan, a leader in cloud-based voice, video, chat, and collaboration technologies, said the acquisition further strengthens its presence within the U.S. service provider market.
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Frisco’s Informativ Acquires Carmatic and Its Payments-as-a-Service Platform
by | Sep 25, 2025
Greenvale, New York-based Carmatic's intelligent payment-as-a-service platform is built to deliver real-time, transaction-ready loan and lease payments, said Infomativ, a provider of fraud prevention, compliance, and credit technology for the automotive and consumer finance industries.
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