KKR

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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DI People: American Airlines, Mizzen+Main, Appspace, Copart, Island, Clear Street, and More Make Leadership Moves
by | Apr 1, 2022
In this week's roundup of hires, promotions, and accolades in North Texas, you'll also find news from Recreational Realty, Island, The Food Hall Co., McKesson, TCU's Ralph Lowe Energy Institute, ClubCorp, Lone Star Analysis, Island, North Dallas Bank & Trust, Ranger Investment Management, Susan G. Komen, and Texas Security Bank.
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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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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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Chakri Gottemukkala, co-founder and CEO, o9 Solutions, Inc. [Photo: Business Wire]
Dallas Unicorn o9 Solutions Announces $296M in New Funding and a $2.7B Valuation
by | Jan 26, 2022
o9 Solutions, an enterprise AI software platform provider, today announced $296 million in equity investments from a group including General Atlantic and its climate investing venture BeyondNetZero; Generation Investment Management; and existing o9 investor KKR. The company—which had a 400% increase in annual recurring revenue in Q4 2021—is now valued at $2.7 billion. "We have an unprecedented opportunity in front of us," says Co-Founder and CEO Chakri Gottemukkala.
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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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