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.
NiTEO Products has acquired Kansas City–based Faultless Brands—maker of Faultless, Niagara, Magic, and the 138-year-old Bon Ami cleanser—expanding its portfolio of household staples. [Composite image, DI Studio; Sources Highlander Partners/PRNewswire, Faultless Brands]
Created last February via Tempur Sealy International's $5 billion acquisition of Mattress Firm, Somnigroup is seeking to acquire Carthage, Missouri-based Leggett & Platt, a NYSE-listed, 1883-founded manufacturing company that happens to be one of its leading suppliers.