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’ P10 To Acquire Houston-Based Direct Lender Stellus for $250M

by | Feb 5, 2026
P10—which is rebranding as Ridgepost Capital next week—said Stellus will continue to be managed by its current partners, who will retain control of its day-to-day operations, including investment decisions and investment committee processes.
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Dallas Sports Franchise Investor Arctos Inks $1.4B Deal To Be Acquired by KKR
by | Feb 5, 2026
Founded in 2019, Arctos Partners has stakes in teams across the NFL, NBA, Major League Baseball, the NHL, Major League Soccer, and beyond. In 2024, Arctos raised more than $4.1 billion in capital commitments for its flagship sports fund. With the KKR acquisition, "we'll become an even stronger partner to the markets and investors that we serve, which has been our goal from the very beginning," said Arctos' co-founders.
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Dallas’ Balerion Space Ventures Invests in Machina Labs’ $124M Series C
by | Feb 5, 2026
Phil Scully, co-founder and general partner at Balerion, said L.A.-based Machina Labs "is building the manufacturing backbone" for modern defense systems, which "are often limited not by design, but by how fast they can be manufactured."
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Dallas’ Pay-By-Bank Solution Spire Raises $10M Series B, Appoints New CEO
by | Feb 5, 2026
Former Fiserv and Ally Financial exec Jennifer LaClair is the new CEO of Pay WIth Spire, Inc., which offers a modern pay-by-bank solution for everyday spend. In addition, the company named Matt Brennan as its new president and chief commercial officer.
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Dallas’ Texas Instruments To Acquire Austin’s Silicon Labs for $7.5 Billion

by | Feb 4, 2026
The acquisition aims to create a global leader in embedded wireless connectivity solutions by combining Silicon Labs' portfolio and expertise in mixed signal solutions with Texas Instruments' analog and embedded processing portfolio, along with its technology and manufacturing capabilities, TI said.
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Dallas-Based OpenKey Acquired by San Francisco’s Canary Technologies
by | Feb 4, 2026
Founded in 2014, OpenKey helped pioneer mobile key access for hotels, resorts, and casinos worldwide. Adding OpenKey's capabilities and coverage to Canary's #1 Guest Engagement Platform will boost the industry's adoption of mobile-first guest engagement, the company said.
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Dallas-Based Kofile Acquires HF Group’s ECS Conservation, Govt. Records Preservation & Digitizing Services
by | Feb 3, 2026
Providing expert services in the care, delivery, and preservation of information and many kinds of cultural artifacts, Ohio-based HF Group has established relationships with some of the nation's oldest and most prestigious libraries, museums, and archives, Kofile said.
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Plano’s Tyler Technologies To Acquire Digital Court-Recording Pioneer for $212M
by | Feb 3, 2026
Phoenix-based For The Record has developed its platform to deliver “legal grade” speech-to-text and real-time, multilingual transcription technology powered by artificial intelligence.
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Dallas-Based Colossal Gets $60M From U.A.E., Will Build a Modern ‘Noah’s Ark’ in Dubai

by | Feb 3, 2026
"We're losing species at an alarming rate, and the world urgently needs a distributed network of global BioVaults—a true backup plan for life on Earth," said Ben Lamm, Colossal BioSciences' co-founder and CEO.
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Plano-Based Repairify and Michigan’s Opus IVS To Combine Automotive Diagnostics Businesses
by | Jan 29, 2026
As automotive technology evolves and demand for accurate diagnostics and ADAS calibrations grows, the combination of Repairify’s diagnostics brands and Opus IVS "builds a more robust foundation for providing innovative solutions with expanded coverage and capabilities," the companies said.
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Dallas’ CyberlinkASP Acquires Alabama-Based Fresh Managed IT
by | Jan 29, 2026
Headquartered in Birmingham, Alabama, Fresh IT serves 150 customers across a number of markets including healthcare, construction, and their largest and strongest market, restaurants.
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Plano’s Geoforce Acquires Colorado-Based Asset Intelligence Co. AssetLink Global
by | Jan 29, 2026
AssetLink Global was an early pioneer in the secure and affordable use of global satellite networks for asset visibility, offering such advanced sensor integration capabilities as door open/close, pressure, temperature, load, fluid level, and other condition-based sensors.
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Shareholders Approve Kimberly-Clark’s $40B Acquisition of Tylenol Maker Kenvue

by | Jan 29, 2026
Kimberly-Clark Chairman and CEO Mike Hsu said the milestone "advances our efforts to create a preeminent global health and wellness leader that will raise the standard of care for billions of people around the world and generate significant value for shareholders."
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Dallas’ Balerion Space Ventures Invests in Northwood Space’s $100M Series B
by | Jan 28, 2026
California-based Northwood—led by Co-Founder and CEO Bridgit Mendler, a former Disney Channel TV star—is building a global, software-defined ground network that will serve as the communications infrastructure enabling satellites to talk to Earth reliably and efficiently at scale. The company recently signed a $49.8M contract with the U.S. Space Force.
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Plano’s Argano Acquires Life Sciences-Focused Pharosity Consulting
by | Jan 27, 2026
"This acquisition supports our continued focus on delivering AI-enabled high-performance operations for pharmaceutical organizations facing increasingly complex regulatory and data environments,” said Chip Register, Group CEO of Argano.
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Dallas’ LevelBlue Acquires Managed Services Solutions From Minnesota’s Fortra
by | Jan 27, 2026
The partnership with Fortra marks "a significant milestone" in LevelBlue's mission to deliver world-class, proactive cybersecurity and secure what’s next for its clients, the companies said—while also representing advancement in Fortra's evolution as a channel-first company focused on empowering resellers, service providers, and distributors to deliver its solutions.
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