In this week’s North Texas deal flow, you’ll also find news about Dallas startup VRGL raising $15M six months after launching, S2 Capital’s $400M multifamily investment fund, CBRE leading $125M Series E for proptech firm VTS, CVS Health acquiring Signify Health for $8B, BenefitMall’s latest acquisition, and more.
Beating out other big-name contenders like Amazon in the bidding battles, CVS Health is set to acquire Dallas’ Signify Health.
The Rhode Island-based company behind the national chain of pharmacies has inked an agreement to acquire the local tech-enabled home health services firm for $30.50 per share—a deal valued at around $8 billion.
Plus, bidding war looms for Dallas-based Signify Health; Fort Worth-based Harvest Returns raises $780K for new fund; Dallas property consulting firm Masterplan is acquired by New York company; Washington D.C. PE firm adds to its Fort Worth architectural platform; Pharos Capital sells stake in diagnostic testing company; and more North Texas deals.
Dallas' Boss Women Media and Capital One are presenting the fourth consecutive Black Girl Magic Digital Summit. This year they aim to reach more entrepreneurs than ever before by premiering the pre-recorded event on Amazon's Prime Video.
The summit will feature 26 founders, CEOs, and executives with advice on how to turn your side hustle into a main hustle, and much more. From a $100K pitch competition (apply by August 12!) and live watch parties across the U.S., get ready for the magic.
Plus, stealthy Dallas startup LibLab raises $42M; Fort Worth biotech Sanara raises $15M; UPS Acquires Plano-based Delivery Solutions; Four Seasons in Las Colinas finds new owners; and more North Texas deals.
Launched in 2014 out of Fort Worth's AllianceTexas development, Booster provides delivery of traditional and alternative fuels to fleets, corporate campuses, and retail properties.
The $125M funding round included a longtime Booster backer—Dallas-based venture capital firm Perot Jain.
Pitted Ventures, a newly formed Utah-based growth capital firm backed by a family of support companies, has tapped a local leader to help it bridge funding gaps for brands while providing wraparound services to help those business grow to the next stage. With Dallas as a hub, it aims to make typical investments of $750K to $1.5M starting this summer.
The website is a "growth tool" that highlights the communities, real estate, employers, and talent pool in Southern Dallas County with the aim of spurring investment and economic development in the region.
Amazon's "Career Choice" partnerships with 140 universities and colleges across the country will provide fully funded college tuition opportunities to its 750,000 hourly U.S. employees.
Today's announcement is part of Amazon's Upskilling 2025 pledge—a $1.2 billion commitment to upskill more than 300,000 Amazon employees by 2025.
GreenPath uses only vehicles powered by alternative fuels to haul freight for Amazon, UPS, the USPS and more. Now it's ordering 50 Hypertruck ERX units from Texas-based Hyliion. The Hypertruck's electric powertrain is recharged by an onboard natural gas generator.
Created by Amazon Founder Jeff Bezos, the Bezos Academy has built a network of eight tuition-free preschools in underserved communities in Washington state. Now the first two Bezos Academies outside Washington are coming to Dallas College campuses in Oak Cliff and Lancaster.
Admissions will be open to families earning up to 400% of the federal poverty level with children ages 3 or 4.
Travelers shopping at Hudson Nonstop stores inside Dallas Love Field Airport will be the first to try Amazon One, a contactless way to enter and pay for items using only the palm of your hand.
Students and experienced engineers alike hacked solutions to real-world challenges with algorithms, coding scripts, and data in three days of problem-solving. Some of the world’s biggest names in business—Amazon, McKesson, and USAA (to name a few)—were taking note.
Hackathons have became the new career fair for tech talent.
43 percent of Texas workers say they'd leave their jobs if another company offered free skills training opportunities. In a tight labor market, Amazon's move could attract talent nationwide—including people like Tory Bias, a Dallas-based Amazon UX apprentice we spoke with today.
Last week Bloomberg News reported that Amazon-backed Rivian Automotive, the Irvine, CA-based electric vehicle startup, could potentially invest around $5 billion to build a factory near Fort Worth. ...
On Wednesday, Amazon announced findings from its 2021 U.S. Economic Impact Report, sharing a by-the-numbers look at its U.S. investments.
With its recently opened fulfillment center in Forney, Amazon now has more than 30 operations facilities across Dallas-Fort Worth—making North Texas its biggest market in the state. The company now has 37,000 direct employees in DFW alone.
North Texas is a big place, with plenty to do, see, hear, and watch. So, 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....
When it comes to electric vehicle production, a profound opportunity is emerging that promises to reshape the global supply chain. Key to seizing this opportunity is re-shoring critical magnetic materials to the U.S.,...
More than 51 million Americans experienced chronic pain in 2021, according to the CDC. And the NIH estimates that 2.1 million people in the U.S. have ‘opioid use disorder.’ The founders of Dallas-based biotech startup Cacti don’t think that’s a coincidence....
Dallas-based 46 Labs has acquired Hypercube Networks from affiliates of West Technology Group in a move that 46 Labs said will enhance its ability to bring “innovative and efficient connectivity solutions” to market....
North Texas is a big place, with plenty to do, see, hear, and watch. So, 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....
When it comes to electric vehicle production, a profound opportunity is emerging that promises to reshape the global supply chain. Key to seizing this opportunity is re-shoring critical magnetic materials to the U.S.,...
More than 51 million Americans experienced chronic pain in 2021, according to the CDC. And the NIH estimates that 2.1 million people in the U.S. have ‘opioid use disorder.’ The founders of Dallas-based biotech startup Cacti don’t think that’s a coincidence....
Dallas-based 46 Labs has acquired Hypercube Networks from affiliates of West Technology Group in a move that 46 Labs said will enhance its ability to bring “innovative and efficient connectivity solutions” to market....