Avantax, a Dallas-based provider of tax-focused wealth management services and software, entered into a definitive agreement to be acquired by Cetera Financial Group, via its financial sponsor Genstar Capital, for approximately $1.2B.The company has a market cap of approximately $940M.
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
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
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
Plano-based PICKUP Now is merging with Point Pickup Technologies, a leading provider of enterprise-only, retail-branded fulfillment and delivery services. PICKUP is an enterprise-grade, last-mile delivery service focused on larger item delivery and assembly. The companies said their strategic partnership creates
TRIPBAM, a Dallas-based online hotel reservation platform, was acquired by Emburse, a Los Angeles-based leader in travel and expense management, via its financial sponsor K1 Investment Management for an undisclosed amount. TRIPBAM investors include Jaws Ventures and
Axis Security, a Plano-based cloud security platform, was acquired by Hewlett-Packard (NYS: HPQ) for $500M. The company had raised approx. $103M from investors including Spark Capital, Ten Eleven Ventures, Canaan Partners and Cerca Partners. Read more at HelpNetSECURITY
Frisco-based The Gearbox Entertainment Co. has acquired Captured Dimensions, another Frisco-based company that specializes in 3D capture, scanning, and reconstruction services. Gearbox said that Jordan Williams will continue as head of Captured Dimensions and report directly to Randy Pitchford, president
