Archive for August, 2023

Dallas-Based MobileComm Acquired by California Company

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Dallas-based global telecom engineering firm MobileComm has been acquired by UST, a leading IT services company based in California. UST said the acquisition and integration of MobileComm’s more-than 1,300 employees will “significantly strengthen” its telecommunications practice and position the company

Plano Restaurant with Brazilian Roots Acquired

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Plano-based Fogo de Chão announced it will be acquired by Bain Capital Private Equity to accelerate its growth and expansion. Fogo, an internationally renowned restaurant brand from Brazil, said it will continue to operate under its current management team, led

Fort Worth’s National Presort Acquired by Illinois Packaging Company

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National Presort LP, a Fort Worth-based manufacturer of technology that sorts packages automatically has been acquired by Duravant LLC, a global company based in Illinois. NPI was founded in 1977 and has served eCommerce, courier, parcel post, warehouse and fulfillment

Dallas Skincare & Beauty Device Company BeautyBio Acquired by Utah-Based Rhyz

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BeautyBio, a Dallas-based leader in skincare and beauty devices, has been snapped up by Rhyz Inc., a Utah-based subsidiary of Nu Skin Enterprises Inc. BeautyBio was founded by Jamie O’Banion in 2011 and combines efficacious, award-winning skincare with patented beauty

Dallas’ Omni Logistics To Merge with Forward Air After Companies Earned $3.7B Revenue Over 12 Mos.

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In a deal involving two logistics industry stalwarts, Dallas-based Omni Logistics and Tennessee-based Forward Air Corp. have agreed to merge their companies in a cash and stock transaction, creating a combined operation that generated roughly $3.7 billion of combined adjusted

Dallas’ Fiesta Restaurant Group To Be Acquired for a Reported $225M

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Dallas-based Fiesta Restaurant Group—parent company of the Pollo Tropical restaurant brand—is being acquired by New York-based Authentic Restaurant Brands, a portfolio company of Garnett Station Partners. The all-cash transaction totals $225 million, according to the Wall Street Journal. Pollo Tropical had

Dallas Fintech Startup IndyFin Acquired by WiserAdvisor

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Dallas-based fintech Indyfin has been acquired by WiserAdvisor, a Virginia-based investor referral generation platform for financial advisors and advisory firms. Founded in 2018, Indyfin launched the platform in 2022. The startup was a finalist at The Innovation Awards 2023 from