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. 

 

FieldPulse founder and CEO Gabe Pinchev (center) celebrates with his Dallas team after announcing the company’s $50 million Series C funding round, led by Fulcrum Equity Partners with Catalyst Investors joining as a new backer. [Photo: FieldPulse]

Dallas-Based FieldPulse Scores $50M Series C as Trade Service Management Market Heads Toward $11 Billion

by | Aug 15, 2025
Founded in 2015, the company reports fourfold growth in 21 months while rolling out new AI-powered management tools for trade businesses. Fulcrum Equity Partners returns to lead the round, joined by new backer Catalyst Investors.
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North Texas’ StatLab Acquires 2 Pathology-Focused Companies in Germany and France
by | Aug 14, 2025
McKinney-based StatLab said the moves mark "a significant step forward" in its European growth strategy, expanding its direct commercial presence to the top four European markets: France, Germany, Italy, and the U.K.
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Batbox Scores Another $3M to Expand Its Topgolf-Style Baseball Beyond Restaurants
by | Aug 12, 2025
Batbox said this latest capital injection allowed it to secure full ownership of its core technology and IP, including key patents and software rights.
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$3.1 Million NIH Grant Backs UTA Team’s AI Push in Antibody Drug Discovery
by | Aug 8, 2025
The funding supports UT Arlington researcher Junzhou Huang, whose team recently ranked first in protein contact prediction and placed sixth overall in an international AI challenge competing against Google DeepMind, the University of Washington, and others.
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Dallas’ S2 Capital Jumps Into Industrial Real Estate with Fort Capital Buy, $350M Pipeline

by | Aug 7, 2025
The Dallas investment manager, known for its $11 billion in multifamily deals, is building a new industrial vertical under CEO Scott Everett with industry veterans Chris Roach as president and Parker McCormack as CIO. The 50-person team will manage 11 million square feet as e-commerce growth drives demand for warehouse space closer to consumers.
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Apollo Sets Stage to Deploy ‘Billions’ Through Dallas’ Stream Data Centers in Digital Infrastructure Push
by | Aug 7, 2025
With the NYC investment giant taking a majority stake, Stream Data Centers is positioned to execute on a multi-gigawatt pipeline as Apollo estimates data centers will require "several trillion dollars" of global investment over the next decade.
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North Texas’ MCS Acquires Property Preservation Company MSI
by | Aug 6, 2025
Lewisville-based MCS said its acquisition of Fort Worth-based MSI will reinforce its national footprint and further position the company as an industry leader prepared to handle all future market conditions.
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Fort Worth’s NtelCare Launches AI Radar System to Help Prevent Bed Falls in Care Centers
by | Aug 6, 2025
Following a $2.3 million seed round, NtelCare is now raising a $5 million Series A to scale its AI-driven system. Using 4D radar imaging and machine learning, the technology detects subtle “bed exit behavior” to help care centers intervene early and prevent falls among senior residents.
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Frisco-Based Fortis Acquires B2B Payment Processor Serve First Solutions

by | Jul 31, 2025
Fortis called the acquisition another strategic step forward in its mission to be "a transformative partner for software platforms serving businesses with multichannel payment workflows."
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North Texas Pharmacy Benefit Manager CerpassRx Acquired by Maryland’s LucyRx
by | Jul 31, 2025
The deal brings together CerpassRx’s "proven track record of service and cost containment" with LucyRx’s technology-driven clinical approach, all under a shared vision for "smarter, more transparent prescription care," LucyRx said.
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Plano-Based Tyler Technologies Acquires Ohio’s Emergency Networking
by | Jul 30, 2025
Tyler said the acquisition strengthens its comprehensive public safety suite at a critical time, noting that by Jan. 1, all fire and EMS departments nationwide must move from the National Fire Incident Reporting System to the National Emergency Response Information System (NERIS).
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Richardson’s RealPage Acquires California Real Estate AI SaaS Co. Rexera
by | Jul 30, 2025
RealPage is combining its HomeWiseDocs' HOA platform with Rexera’s agentic AI workforce to create what it calls the first nationwide platform capable of delivering real estate transactions and operations services at scale "with unmatched speed, precision, and customer satisfaction."
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With Its U.S. HQ in North Texas, This German AI Company Is Being Acquired for Nearly $1 Billion

by | Jul 29, 2025
New Jersey-based NiCE’s $955 million acquisition comes just months after Cognigy, a leader in agentic AI, relocated from San Francisco to Plano.
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Addison-Based HealthMark Group Gets Growth Investment From Boston’s TA Associates
by | Jul 29, 2025
Founded in 2006, HealthMark said its platform enables healthcare providers to outsource clinical information requests from health plans, law firms, insurance companies, patients, and other requestors—with 20 million clinical data requests processed to date.
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Flowserve’s Merger with Chart Industries Is Off, Edged by Baker Hughes’ $13.6B Offer
by | Jul 29, 2025
Irving-based Flowserve's all-stock "merger of equals" with Atlanta-based Chart has been usurped by a better offer, after Houston- and London-based Baker Hughes swooped in with $13.6 billion in cash. But Flowserve won't walk away empty-handed—it's getting a $266 million "termination payment."
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Fort Worth’s PAK Quality Foods Acquires Dallas-Based Formosa, Expanding Reach and Product Mix
by | Jul 23, 2025

Fort Worth-based PAK Quality Foods has acquired the assets of Las Colinas International Inc., better known as Formosa Foods, the company announced Monday.

The deal brings together two regional distributors and expands PAK’s reach beyond Texas and eastern New Mexico.

Dallas-based Formosa, founded in 1979, is a family-owned company that supplies foodservice, retail, and institutional customers in Texas, Oklahoma, Louisiana, and Arkansas....

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