Left: Brandon Ribar, president and CEO of Sonida Senior Living; Right: Stephen Mauldin, president, CEO, and vice chairman of CNL Healthcare Properties [Photos: LinkedIn/CNL]
Sonida and CHP plan to merge under the NYSE ticker "SNDA" as a result of the deal, creating America's eighth largest owner of senior living assets. The combined company will own 153 independent living, assisted living, and memory care senior living communities nationwide.
Plus, Dallas real estate startup Nada raises $5.7M, Arlington's Wonder Works Studios raises $5.53M, Exela Technologies in talks to sell off $200M-revenue business unit, PE firm Crossplane Capital closes $325M second fund, and more North Texas deals.
Dallas-based Broadwing Capital Management LLC, a private equity firm targeting lower-middle-market manufacturers and service providers, closed its inaugural Broadwing Capital Fund I LP. The $440 million fundraise exceeded the initial $350 million goal....
At a new training center in Dallas, claims professionals from insurance giant Allstate Corp. can now immerse themselves in real-world scenarios policyholders face.
Two labs at the 33,000-square-foot Allstate Claims University campus enable claims professionals to learn from re-created situations that replicate damage to homes and cars....
Fort Worth-based agtech company Ranchbot, which provides remote satellite-anchored, water-monitoring technology for livestock producers, raised more than $15 million in a Series B funding round.
In conjunction with the fundraise, the company put itself under a new corporate umbrella, Ranchbot Technology Holdings Inc.,...
Dallas-based Broadwing Capital Management LLC, a private equity firm targeting lower-middle-market manufacturers and service providers, closed its inaugural Broadwing Capital Fund I LP. The $440 million fundraise exceeded the initial $350 million goal....
At a new training center in Dallas, claims professionals from insurance giant Allstate Corp. can now immerse themselves in real-world scenarios policyholders face.
Two labs at the 33,000-square-foot Allstate Claims University campus enable claims professionals to learn from re-created situations that replicate damage to homes and cars....
Fort Worth-based agtech company Ranchbot, which provides remote satellite-anchored, water-monitoring technology for livestock producers, raised more than $15 million in a Series B funding round.
In conjunction with the fundraise, the company put itself under a new corporate umbrella, Ranchbot Technology Holdings Inc.,...