Hyatt Hotels Corporation in partnership with real estate investment firm McWhinney has opened Hyatt Centric Congress Avenue Austin in Texas. The 31-story lifestyle hotel, which is located on the corner of Congress Avenue and Eighth Street in Austin, marks the second Hyatt Centric property in Texas. Hyatt Centric Congress Avenue Austin features 246 guestrooms, which […]
GI Partners, a US-based private investment firm, will acquire Atlas Technical Consultants, an infrastructure and environmental solutions provider, in an all-cash transaction valued at around $1.05 billion, plus outstanding debt. Post-closing, Atlas Technical Consultants will become a private company and its shares will cease to trade on Nasdaq. Shareholders of the project delivery management firm […]
Arthur J. Gallagher & Co., through its subsidiary – Risk Placement Services (RPS), has acquired Remco Insurance Agencies based in Austin, Texas for an undisclosed price. Remco Insurance Agencies, which has been operating since 1987, is a retail non-standard auto insurance agency that caters to clients across Texas. According to Arthur J. Gallagher & Co., […]
Security Properties, a real estate investment firm, has acquired Brightleaf at Lakeline, a multifamily property in Austin, Texas, in an off-market deal, to increase its footprint in the Austin market. With this acquisition, Security Properties owns 112 assets tallying around 23,000 units across its portfolio, including one other 204-unit in Austin. Completed in 2022 on […]
Hanger, Inc., an American provider of orthotic and prosthetic (O&P) patient care services and solutions, has agreed to be acquired by health care investment firm Patient Square Capital for around $1.25 billion. Based in Austin, Hanger offers its services via its patient care segment. The company has nearly 875 Hanger Clinic locations across the US. […]
Wipro has agreed to acquire Edgile, a Texas-based cybersecurity consulting provider, for an undisclosed price. Edgile is focused on providing consultancy on risk and compliance, digital identity, and information and cloud security. Abry Partners, which is a minority private equity investor in the Texan cybersecurity consulting provider, will fully exit its investment as a result […]
FTC Solar, a US-based utility-scale solar tracking technology provider, has secured a contract to provide solar trackers to a 504MW DC solar and energy storage project located in Maricopa County, Arizona. Under the terms of the contract, FTC Solar will be supplying its Voyager tracker to Moss Solar, which is an engineering, procurement, and construction […]
Cart.com, a US-based end-to-end ecommerce-as-a-service provider, has acquired Sauceda Industries for an undisclosed price. Based in Austin, Texas, Sauceda Industries is a third-party logistics (3PL) provider which offers fulfillment services to ecommerce brands. Cart.com said that the transaction grows its existing fulfillment services, which provide optimized infrastructure for online merchants in order to compete with […]
British consumer goods company Unilever has agreed to acquire Texas-based food supplement company Onnit for an undisclosed price. Founded in 2010 by Aubrey Marcus, Onnit owns a brain supplement called Alpha BRAIN, which is said to be useful for better memory, focus, and also mental processing. The Onnit brand also provides functional nutrition, fitness essentials […]
TCS Austin office : India-based Tata Consultancy Services (TCS) is set to open a new facility in Austin later this month to double its workforce in the Texan city to over 400 professionals. The IT consulting company’s new facility, which is located at 13929 Center Lake Drive, will accommodate 367 employees. Apart from the new […]