Dallas-based distribution company Building Controls & Solutions has been acquired by Platte River Equity, a Denver private equity firm. The seller was Fort Worth-based LKCM Headwaters Investments, which founded BCS in 2019.
Terms of the deal weren’t disclosed.
Platte River makes control investments in North American industrial companies.
BCS, which has 24 branches across the United States and Canada, is a value-added distributor of building controls, automation, gas detection, and energy management solutions for commercial buildings....
Motorola Solutions has agreed to buy Richardson-based Theatro Labs Inc., a maker of AI and voice-controlled communication and digital workflow software for frontline workers.
“For more than a decade, we have been passionate about innovating for frontline workers,” Theatro President and CEO Chris Todd said in a statement....
In an all-cash deal valued at more than $57 million, Garland’s Micropac Industries Inc. and California-based Teledyne Technologies Inc. have completed a previously announced merger of Micropac with a wholly owned subsidiary of Teledyne.
Under the terms of the agreement, which was announced in early November, Micropac becomes a wholly owned Teledyne subsidiary....