Archive for December, 2019

Emergent Cold Acquired By Lineage Logistics For $900M

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Michigan-based Lineage Logistics has agreed to buy Emergent Cold, a Dallas-headquartered refrigerated logistics company, for $900 million, according to the Wall Street Journal. Freightwaves reported that the acquisition is expected to close in 2020.

MoneyGram Receives $50M Equity Investment From Ripple

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MoneyGram, a global provider of money transfer services that’s headquartered in Dallas, announced Ripple has made the final $20 million investment in MoneyGram, completing a previous $50 million equity funding commitment made earlier this year.

NTT Data Services Acquires Fast-Growing Austin IT Services Firm

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Plano-based global technology services leader NTT Data Services has agreed to buy Flux7, a fast-growing IT services firm that has been on the Inc. 5000 list for three consecutive years.