KKR

North Texas’ Varsity Brands Acquired in Reported $4.75B Deal by NY‑Based KKR

by | Aug 26, 2024
Farmers Branch-based Varsity Brands, a leader in academic apparel and memorabilia, was acquired from Bain Capital and Charlesbank. The company reaches more than 8 million athletes and students annually by servicing team sports, athletics, and spirit programs nationwide.
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Dallas’ MB2 Dental Raises $2.3 Billion Debt Facility with KKR To Fund Acquisitions and Growth
by | Feb 15, 2024
MB2 Dental—a "first-of-its-kind" dental partnership organization—said the financing will be used to fund upcoming acquisitions and future growth for the company. The move follows a record year of growth in 2023 with 150 new partnerships added.
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Chakri Gottemukkala, co-founder and CEO, o9 Solutions, Inc. [Photo: Business Wire]
Dallas’ o9 Solutions Raises $116M in Latest Funding Round for a $3.7B Valuation
by | Jul 19, 2023
The new round was led by General Atlantic’s BeyondNetZero with existing investors KKR and Generation Investment Management also participating. As o9 leverages AI to help create "more sustainable supply chains," it also announced a new board member.
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Toy Story: Why a Former CyrusOne CEO Is Creating Homes for Grownups’ Playthings with RecNation
by | Aug 16, 2022
Gary Wojtaszek turned Dallas-based CyrusOne public and grew it into a leading global data center firm. It recently sold for $15 billion. Now—instead of storing computers and data—he aims to store America's RVs, boats, and other "toys" with his new startup, RecNation. With funding secured from Centerbridge Partners, he aims to grow his company by 75 locations a year—and build another multi-billion-dollar business.
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Follow the Money: Netflix Acquires Local Video Game Developer, Dallas Startup Becomes Unicorn, Alkami Makes its Largest Acquisition, and More

by | Mar 28, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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DI People: Jacobs, Southwest Airlines, AT&T, Sunwest Communications, KKR, Comerica, and More Make Moves
by | Mar 18, 2022
In this week's roundup of hires, promotions, and accolades in North Texas, you'll also find news from Ecobat, Wingstop, ActivePure Technologies, Communities Foundation of Texas, Texas Health Resources, and other area organizations.

Plus, meet the UT Arlington professor helping to lead a NASA mission.
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Follow the Money: Blue Star Invests in Payments Unicorn, Ryan Scoops Up Property Tax Firm in All-Local Deal, and TPG Co-Leads $160M Investment in Video Game Developer
by | Mar 8, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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Farms of the Future: Alphabet-Backed Vertical Farming Startup Plans New Site in Arlington
by | Feb 16, 2022
New York-based Bowery Farming is a vertical farming startup that aims to lead "the next generation of agriculture." Valued at $2.3 billion and backed by Alphabet's VC investment arm GV, it will create 100 jobs at its new indoor farm in Arlington—where software, sensors, and machine learning will help things grow.
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Dallas Unicorn o9 Solutions Caps Q4 with 400% Recurring Revenue Growth

by | Jan 20, 2022
o9’s Digital Brain AI platform addresses enterprise business planning and decision-making through enterprise modeling, big data analytics, and more. A $100M investment by KKR in 2020 gave the firm unicorn status. Now o9's co-founder and CEO tells Dallas Innovates his company will grow even more in 2022—both globally and in its delivered solutions.
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Dallas’ CyrusOne Data Centers Acquired for $15B in Cash by KKR and Global Infrastructure Partners
by | Nov 15, 2021
With over 50 data centers in North America, South America, and Europe, CyrusOne supports IT infrastructure for around 1,000 firms, including approximately 200 Fortune 1000 companies. The huge acquisition is the latest in a string of private equity buyout deals as firms "look to spend a mountain of cash from their investors," according to the Wall Street Journal.
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funding
Follow the Money: ULURU Raises $690K, RevTech Backs Pensa’s $10M Round; HMS Makes $155M Acquisition
by | Nov 29, 2019
In this weekly roundup of funding, mergers, and acquisition activity involving companies with North Texas ties, you’ll also find news from Automation Anywhere, Maverick Capital, Charles Schwab, TD Ameritrade, SpotSee, and Novaria Group.
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