Kevin Boscamp

Follow the Money: Aerwave Lands $20M for Connectivity Platform, Align Capital Partners Raises $620M for Third Fund, and More

by | Nov 7, 2022
In this week’s North Texas deal flow, you’ll also find news about automated payment solutions startup UPAY raising new funds; Fort Worth’s Star Castle Ventures' $5.25M raise; Carlyle Group acquiring a majority stake in Dallas’ Aspen Power Partners; CenterOak Partners selling Wetzel’s Pretzels for $207M; and other deals.
MORE
Garland-Based Innovative Composite Ammunition Maker Set to Go Public with Expected $1.21B Valuation
Garland-based TV Ammo—the parent company of True Velocity and LoneStar Future Weapons—is merging with Irving-based Breeze Holdings Acquisition Corp. in the Nasdaq-focused deal. True Velocity's composite-cased ammunition reduces weight 30% compared to brass-cased cartridges, providing what the company calls "exceptional accuracy and consistency" while reducing heat transfer to the weapon platform for defense, law enforcement, and commercial sectors.
MORE
Protecting your privacy. We have strengthened our Privacy Policy to better protect you. This Policy includes our use of cookies to give you the best online experience and provide functionality essential to our services. By clicking ‘I Accept’ or by continuing to use our website, you are consenting to our Privacy Policy.