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acquisition
A coworking space at Industrious Seattle. [Photo: Industrious]
CBRE Group To Acquire NYC-Based Coworking Company Industrious, Valuing It at $800M
by Lance Murray | Jan 14, 2025
Dallas-based CBRE had previously invested in Industrious—a flexible workspace provider with more than 200 units across over 65 cities—through a roughly 40% equity interest and a $100 million convertible note. CBRE said it will acquire the remaining equity stake in Industrious for around $400 million.
by Lance Murray |
Jan 13, 2025
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....
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by Lance Murray |
Jan 7, 2025
Stellar Blu Solutions, headquartered at Perot Field Fort Worth Alliance Airport, develops cutting-edge connectivity, network, and avionics solutions for next-generation satellite networks.
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by Lance Murray |
Jan 2, 2025
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....
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Accenture Snaps Up North Texas’ Award Solutions
by Lance Murray | Dec 18, 2024
Plano-based Award Solutions, a provider of training and consulting services in advanced wireless and network technologies, has been acquired by Dublin, Ireland-based professional services company Accenture.
Terms of the deal were not disclosed. Award Solutions, founded in 1997, has employees in Las Cruces, New Mexico; Branson, Missouri; San Diego, California; and Bangalore, India....
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by Lance Murray |
Dec 16, 2024
Upbound—parent company of Rent-A-Center and Acima—called the deal "a logical next step" reflecting its strategic focus on expanding its tech-driven financial solutions for consumers who are underserved by the traditional financial system.
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by Lance Murray |
Dec 11, 2024
Uptiq.AI said the acquisition significantly enhances its ability to deliver innovative, AI-driven applications tailored to the needs of wealth management firms, banks, credit unions, fintechs, and non-bank organizations.
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by Lance Murray |
Dec 5, 2024
United Development Funding IV provides capital solutions to residential real estate developers and regional homebuilders.
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Chris Ward, president and CEO of Heidelberg Materials North America [Photo: Heidelberg]
Irving’s Heidelberg Materials NA Acquires Giant Cement Holding in $600M Deal
by Lance Murray | Dec 3, 2024
“The acquisition of the GCHI assets will further strengthen our cementitious footprint in the growing Southeastern U.S. and New England markets,” said Chris Ward, president and CEO of Heidelberg Materials North America.
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by Lance Murray |
Nov 7, 2024
ECI said the strategic deal expands its industry-specific solutions for homebuilders by adding advanced customer experience management tools and AI-powered platforms, enabling builders to enhance customer satisfaction and streamline operations.
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by Lance Murray |
Nov 7, 2024
Joseph B. Armes, chairman, president, and CEO of CSW Industrials, called the deal "a synergistic acquisition within our existing plumbing end market, where we have opportunity for expansion."
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by Lance Murray |
Nov 5, 2024
Germany-based Siemens' industrial software business, Siemens Digital Industries Software, is based in Plano. Its EVP and CFO Timo Nentwich called the acquisition "a major milestone" for the North Texas-based business and its Xcelerator digital twin platform.
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Photos: Ghost Energy
Frisco-Based Keurig Dr Pepper Snaps Up GHOST Energy Drink for Nearly $1B
by Lance Murray | Oct 24, 2024
Founded in 2016, Chicago-based GHOST is a lifestyle sports nutrition business with a portfolio anchored by GHOST Energy, a leading ready-to-drink energy brand.
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by Lance Murray |
Oct 22, 2024
With 2,000 employees across more than 40 offices and eight video monitoring centers, Addison-based Stealth Monitoring says it monitors more than 100,000 cameras every night, resulting in "the deterrence of more than 50,000 criminal activities, more than 1,000 arrests, and the analysis of roughly 70,000 customer videos annually."
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by Lance Murray |
Oct 17, 2024
Flowserve said it used cash to fund the deal's purchase price of roughly $305 million, including the potential earnout. Operating in more than 50 countries, Flowserve is one of the world’s top providers of fluid motion and control products and services.
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by Lance Murray |
Oct 15, 2024
Apex said the strategic acquisition will greatly enhance its digital investment solutions by incorporating FinTron’s customizable and embedded capabilities.
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