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investment
Joseph Negri, founder and CEO of Evergreen Residential [Photo: LinkedIn]
Dallas’ Evergreen Residential Raises $1 Billion in Capital Commitments
by Lance Murray | Nov 20, 2024
Founded in 2021, institutional real estate investment and operating platform Evergreen also announced a strategic investment from Kuvare Holdings—in the wake of a previous investment from an affiliate of NYC's Prosperity Asset Management.
by Lance Murray |
Oct 29, 2024
The capital raise includes a $630 million equity commitment from funds and co-investors managed by CBRE Investment Management. Since Accelerate launched in late 2022, it has acquired interests in more than 200 properties in 38 states under digital, renewable, and transportation infrastructure assets.
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by Lance Murray |
Oct 23, 2024
Southlake-based Likewize said the increased strategic investment from Genstar will allow it to focus on accelerating adoption of added value solutions such as AI-driven claims handling and expanded premium tech support. The company handles more than 250 million device issues a year, from warranty and repairs to upgrades and premium technical support.
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by Lance Murray |
Oct 15, 2024
DataBank—which recently announced a planned 480MW data center campus south of Dallas—said the capital raise was oversubscribed and, in addition to the $1.5 billion from AustralianSuper, included another $483 million in commitments from "existing investors."
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Photo: hapabapa/iStock
Dallas-Based AT&T Sells Its 70% Stake in DirecTV to TPG in $7.6B Deal
by Lance Murray | Sep 30, 2024
The acquisition by Fort Worth- and San Francisco-based private equity giant TPG is just part of a gamechanging multi-step deal—one that will see DirecTV merge with Dish Network into America's biggest pay-TV provider.
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by Lance Murray |
Sep 9, 2024
Founder and CEO Richard Dix said the new capital investment "allows us to refocus our efforts on the single-family for-sale business and expand our homebuilding operations into more markets across North and Central Texas."
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by Lance Murray |
Aug 6, 2024
Leon—a single-family office—said the collaboration marks a significant milestone for the firm, which until recently primarily utilized its balance sheet and only allowed co-investment from fellow single-family offices.
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by Lance Murray |
Jul 11, 2024
Fort Worth-based airline industry giant American Airlines has agreed to buy 100 hydrogen-electric engines intended to power regional jet aircraft from clean aviation innovator ZeroAvia. The engines produce zero inflight emissions except for water vapor, the airline said....
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[Image: Oleksandr Shchus/istockphoto]
Plano-Based Zips Car Wash Soaks Up $70M Investment From New York PE Firm
by Lance Murray | Jun 10, 2024
Plano-based Zips Car Wash has secured a $70 million investment from Atlantic Street Capital, a private equity firm known for its hands-on approach with lower middle-market companies. The capital infusion aims to support Zips’ operating strategy, enhance member experience, and improve wash quality, according to Atlantic Street Capital (ASC).
Zips describes itself as the “largest privately held car wash operator in the U.S.”...
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by Lance Murray |
May 6, 2024
Council Capital said its investment will be used to scale OccMD’s workers’ compensation and injury benefit services and introduce the company into more states and lines of insurance business.
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by Lance Murray |
Apr 30, 2024
NTAN, an accredited angel investor organization, said that PodUp's platform provides the first all-in-one podcast platform, with 35 integrated modules available for an affordable price, saving podcast creators "a lot of time and effort."
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by Lance Murray |
Apr 29, 2024
Backflip's "all-in-one" platform aims to give fix-and-flip investors the technology, data, and financing strategies to successfully flip houses at scale. Led by New York-based FirstMark Capital, the Series A round comes after Backflip said it crossed $10 million in net revenue run rate—"reaching near profitability."
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Why is this man smiling? Oh, that's why. [Photo of Jerry Jones within background: Crete United]
Jerry Jones Makes Additional $100M Investment in Frisco-Based Natural Gas Producer Comstock Resources
by Lance Murray | Mar 21, 2024
Jones, who's already the majority shareholder in Comstock Resources, has agreed to make an additional $100.45 million equity investment in the company via two entities he controls.
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by David Seeley and Lance Murray |
Mar 8, 2024
After dipping its toes into brick-and-mortar with a Dallas store on Knox Street, the premium sandal brand is now focused squarely on e-commerce and wholesale. Thanks to the new equity round, led by Riveron Founder and former CEO Landon Smith, Hari Mari aims to take a big step forward.
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by Lance Murray |
Feb 21, 2024
London-based Napier AI said Crestline's investment will accelerate its growth trajectory and enhance its position for a transformational time in the industry for "know your customer" and anti-money laundering solutions.
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by Lance Murray |
Feb 21, 2024
The $3.1 billion mega-fund from Dallas real estate investment firm Crow Holdings arms the company with financial firepower to target assets in high-growth markets across the country.
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