La La Land Kind Cafe opened its first drive-through in Richardson in 2022. [Photo: La La Land Kind Cafe]
Dallas-based La La Land Kind Cafe has secured a significant investment of $20 million. This funding has been provided by John Phelan, the co-founder and chairman emeritus of MSD Capital LP and founder of Rugger Management LLC, and private investor Andy Teller. The company announced the boost earlier in July.
La La Land Kind Cafe is a chain of coffee shops with the purpose of normalizing kindness while hiring and mentoring foster youth....
A 2021 Chevrolet Tahoe on the assembly line at GM’s Arlington Assembly plant. [Photo: GM]
Frisco-based Netwrix announced it has received a strategic investment from Centerbridge Partners LP, a global multi-strategy private equity firm.
Netwrix, a cybersecurity vendor, said that TA Associates, a leading global private equity firm, remains the majority shareholder, with members of Netwrix’s senior management team and Updata Partners retaining minority positions in the business....
Element8 [Image: Element8]
Fort Worth-based next-gen internet service provider Element8 has acquired Oklahoma-based high-speed internet provider Atlink Services for an undisclosed amount.
The move comes after E8 secured a $200 million strategic investment from Digital Alpha, an investment firm focused on digital infrastructure.
“We are absolutely thrilled to have the support and confidence of the Digital Alpha team behind us,” E8 President and CEO Kevin Grace said in a statement....
Dallas-based private real estate investment and development firm RREAF Holdings announced a number of promotions and hires across the company as it continues to expand across its six platforms to meet unprecedented growth.
Graham Sowden, former director of acquisitions, has been promoted to chief investment officer. Tony Perez, previously director of asset management, has been promoted to vice president of asset management....
Blue Star Innovation Partners, a Frisco-based growth focused investment firm that partners with leading software and payments companies, has invested in Sonar Software, an Atlanta-based provider of BSS & OSS solutions for internet service providers, Blue Star announced.
“We view Sonar as a leader in the telecommunications technology market and believe there are attractive opportunities to accelerate growth and to better serve our existing customers,” Jeff Gardner, partner at Blue Star Innovation Partners, said in a statement....
Bank of America announced that it has invested nearly $900,000 to support nonprofits in North Texas that focus on community needs such as affordable housing, community revitalization, small business, and the arts.
The funds should help nonprofits already beleaguered by the COVID-19 pandemic to overcome the effects of inflation.
“Dallas nonprofits dedicate their time and energy to solve the complex societal challenges, build up our neighbors in need, and promote economic advancement,” Jennifer Chandler, Bank of America Dallas president, said in a statement....
