Nasdaq

R.A. Session II, president, CEO, and founder of Taysha Gene Therapies [Background image: Olena Yepifanova via iStock]

Taysha Gene Therapies Lands $50M Investment from Japanese Firm to Fight Rare Diseases

by | Oct 25, 2022
The investment by Tokyo-based Astellas Pharma gives it a 15% stake in Taysha and positions it to potentially purchase the company, according to the Dallas Morning News. The Dallas-based biotech firm's pipeline includes the "first-and-only" gene therapy in clinical development for Rett syndrome and a Phase 1/2 development of a treatment for an inherited nervous system disorder that's awaiting regulatory feedback.

“We believe this investment not only further validates the potential of our technology platform, but also reinforces the therapeutic and market opportunity of our two lead clinical assets,” Founder and CEO R.A. Session II says. 
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acquired
Follow the Money: Medical Device Firm Orthofix Merges to Form Nearly $700M Revenue Business, Stealthy Men’s Health Startup Looks to Raise $2M, Dallas SPAC Targets $200M IPO, and More
by | Oct 17, 2022
In this week’s North Texas deal flow, you’ll also find news about Mavenir’s $155M raise, Pinnacle Realty Advisors raising $5M for ‘brokerage-as-a-service’ platform, Exela Technologies taking its European business unit public, American Airlines’ hydrogen fuel distribution investment, and more.
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Follow the Money: tree3 Aims to Raise $2M, Traveller Capital Raises $28.5M, IBM Acquires Dialexa, and More
by | Sep 26, 2022
In this week’s North Texas deal flow, you’ll also find news about Universal EV Chargers landing $10M in grants; The Beneficient Company Group's plans to go public in a deal valued at $3.5B; NTT DATA’s acquisition of Apisero, ‘one of the largest all-stock transactions in the mid-to-upper-management recruiting space'; and more.
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Dallas Financial Services Firm Beneficient Company Group to Go Public in $3.5B SPAC Deal
by | Sep 21, 2022
Founded in 2003, Beneficient aims to be listed on the Nasdaq via a merger with San Francisco bank-check company Avalon Acquisition Inc. The deal values Beneficient—whose end-to-end platform provides liquidity, data custody, and trust services for alternative asset holders—at $3.5 billion. “We're working to democratize the industry starting with a simple, secure, rapid and cost-effective solution to what we saw as the most foundational and pressing need: liquidity," says founder and CEO Brad Heppner.
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Follow the Money: Dallas Unicorn Adds Cisco Investments as New Backer; Fort Worth Glove Maker Lands $58M for Facility, HQ Upgrades; and More

by | Jul 29, 2022
Plus: Southlake SPAC to take financial services firm public; real estate startup Nada Closes $8.1M seed round; Southlake PE firm is raising two biotech-focused funds; Jones family-backed investment firm acquires travel software company; and more North Texas deals.
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Follow the Money: Mobile Fuel Startup Raises $125M, Engineering Firm Eyes SPAC Merger, Dallas VC Firm Raises $80M, and More
by | May 31, 2022
Plus, Fort Worth-based Harvest Returns looks to raise $2.5 million; Sentiero Ventures invests in Geminus.ai; Frisco firm launches two ETFs on Nasdaq; and more North Texas deals.
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Firm Bringing Major Retail Brands to Dallas Is Acquired by Public Company
by | May 4, 2022
Dallas-based Open Realty—a retail-focused real estate investment firm that's helped companies like Apple, Warby Parker, and Bonobos bring brick-and-mortar stores to North Texas—has been acquired by New York-based Newmark Group. Open Realty will now join Newmark's retail services business, joining the public company's global team of more than 6,300 worldwide.
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Mobile Game Company President Is Named New CEO of Match Group
by | May 3, 2022
Match Group CEO Shar Dubey is leaving her post May 31, but will stay on with the company as a board director and advisor. The move will allow more time for what she calls "the give back" chapter of her life.

Incoming CEO Bernard Kim currently serves as the president of mobile game maker Zynga, where he is credited with boosting Zynga’s market cap since 2016, leading to Zynga’s pending $12.7 billion acquisition by Take-Two Interactive.
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Eatertainment Innovators: Dave & Buster’s to Buy Main Event in $835M Deal

by | Apr 6, 2022
Coppell-based Dave & Buster's is set to acquire Dallas-based Main Event Entertainment, which will continue to operate as a distinct brand. The combination of the family entertainment innovators is a "transformational opportunity," the companies say.
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Funding
Follow the Money: Dallas SPAC Raises $123M IPO, FortyTwo.VC Aims to Raise $50M Fund, Crestline Investors Closes Funds with $3.6B in Commitments, and More
by | Mar 21, 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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INTRUSION Seeks Executive Hires to Support Cybersecurity Firm’s Growth
by | Oct 19, 2020
The 37-year-old company is strengthening its growth initiatives at its home base in Richardson after recently being approved for an uplisting to the Nasdaq and completing its follow-on public offering.
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Nasdaq Acquires Irving-based Fintech Startup Solovis
by | Mar 10, 2020
Solovis, founded to help asset allocators make better investment decisions, will be available through Nasdaq’s eVestment group, broadening eVestment’s capabilities. Solovis, which grew by 300 percent in 2018, will continue to operate out of its offices in Irving.
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WatchGuard

Allen-based WatchGuard Files Paperwork for $75M IPO

by | Oct 24, 2017
The Allen-based manufacturer is in the midst of constructing a new headquarters campus in the city as it prepares an IPO.
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