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.
PMG founder and CEO George Popstefanov [Composite photo; source: PMG/DI Studio]
“The creator landscape has quickly evolved into a strategic lever for performance, brand storytelling, and commerce. The Digital Voices team brings a strong track record, complementary technology, and a culture that reflects our values," said PMG founder and CEO George Popstefanov.
The acquisition includes three combined cycle gas turbine facilities and two combustion turbine facilities located across Pennsylvania, New Jersey, and Maryland; four combined cycle gas turbine facilities in New England, and one ERCOT cogeneration facility in Texas.
As part of the transaction, TPG said it will make a $500 million minority investment in Jackson, representing around a 6.5% stake in the company. Jackson will also receive $150 million of TPG stock.
OxyChem had been the chemicals business of Houston-based energy giant Occidental. Its president and CEO, Wade Alleman, will continue to lead the company, Berkshire Hathaway said.
The tech-enabled pharmacy care management company plans to scale its value-based platform focused on improving medication outcomes and lowering healthcare costs.
Howdy Homemade's growth plan includes more than 60 new company-owned locations by 2030 and over 1,000 jobs for adults with special needs, making it one of the most ambitious inclusion-driven employment initiatives in the country.
A five-year NSF award to the Center for Wind Energy Science, Technology, and Research supports new work using AI to reduce turbine defects, improve reliability, and strengthen the U.S. energy grid.
“By partnering with TPL, Bolt will fuel the Fourth Industrial Revolution and protect and augment American leadership in artificial intelligence,” said former Google CEO and current Bolt Chairman Eric Schmidt.
CloudScale365 brings a strong foundation Broadwing's initial MSP platform investment because of its scalable sales engine, longstanding customer relationships, and extensive vertical knowledge across financial services, healthcare, legal, and other sectors, the Dallas-based PE firm said.
Under the terms of the agreement, Caris is eligible to receive upfront and near-term payments of $25 million and is also eligible for up to $1.1 billion of potential research, development, commercial, and net sales payments, as well as potential tiered royalties on net sales of collaboration therapies, the company said.
The partnership with Mount Kisco, New York-based Kohlberg is designed to expedite Loenbro’s continued growth. Braemont and Loenbro management are retaining significant equity interests.
Founded in 2010, SenderraRx said it has made a name for itself in the specialty pharmacy space by focusing on therapies for patients with complex and chronic conditions in areas such as dermatology, rheumatology, and oncology.
"The creation of Zen Collective represents our next chapter—bringing together brands that share our belief in beauty with purpose," said BuDhaGirl founder and CEO Jessica Jesse.
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Billie Eilish is everywhere all at once today—including her North Texas appearance at the Grapevine Mills mall. But it’s not Eilish in the flesh. Instead, she’s stepping out of a film clip and into a hologram display at the mall, chatting directly to fans about her new concert movie, “Billie Eilish—Hit Me Hard and Soft: The Tour (Live in 3D).”...
Fort Worth-based Omnicell, a healthcare technology company that offers autonomous medication management, has appointed Rick Couldry as senior vice president and chief pharmacy and clinical officer.
In this newly created position, Couldry will serve as Omnicell’s senior clinical authority to provide the perspective and voice of health system pharmacy leaders for the company’s innovation and portfolio strategies....
Combining America’s hottest new sport with dining and socializing, Serve & Sip Pickleball Club is set to open in Dallas in late May.
Located at 11250 N. Central Expy. off Royal Lane, the 200-plus capacity club offers climate-controlled courts and a full-service restaurant and bar....
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Billie Eilish is everywhere all at once today—including her North Texas appearance at the Grapevine Mills mall. But it’s not Eilish in the flesh. Instead, she’s stepping out of a film clip and into a hologram display at the mall, chatting directly to fans about her new concert movie, “Billie Eilish—Hit Me Hard and Soft: The Tour (Live in 3D).”...
Fort Worth-based Omnicell, a healthcare technology company that offers autonomous medication management, has appointed Rick Couldry as senior vice president and chief pharmacy and clinical officer.
In this newly created position, Couldry will serve as Omnicell’s senior clinical authority to provide the perspective and voice of health system pharmacy leaders for the company’s innovation and portfolio strategies....
Combining America’s hottest new sport with dining and socializing, Serve & Sip Pickleball Club is set to open in Dallas in late May.
Located at 11250 N. Central Expy. off Royal Lane, the 200-plus capacity club offers climate-controlled courts and a full-service restaurant and bar....