Lone Star

Paul, Weiss Enhances Private Equity Capabilities With Arrival of Market-Leading Transactional Teams in London, New York and Los Angeles

Retrieved on: 
Monday, September 11, 2023

Paul, Weiss announced today that 13 prominent private equity transactional partners are joining the firm to significantly expand its global private equity practices, led by Neel V. Sachdev and Roger Johnson in London and Eric J. Wedel in New York and Los Angeles.

Key Points: 
  • Paul, Weiss announced today that 13 prominent private equity transactional partners are joining the firm to significantly expand its global private equity practices, led by Neel V. Sachdev and Roger Johnson in London and Eric J. Wedel in New York and Los Angeles.
  • Roger has long advised global private equity firms and financial sponsor clients on all forms of cross-border leveraged M&A and portfolio assistance, including restructuring advice.
  • Will regularly advises on the most complex cross-border private equity transactions in the region, including private M&A, buyouts, carve-outs, co-investments, consortium deals and distressed acquisitions.
  • His clients include TDR Capital, Hillhouse Investment, I Squared Capital, and numerous other major private equity firms.

Terra CO2 Technology Announces First Commercial-Scale Plant to Decarbonize Cement Production, Signs Definitive Agreement with Asher Materials

Retrieved on: 
Tuesday, September 12, 2023

DALLAS/FORT WORTH, Sept. 12, 2023 /PRNewswire-PRWeb/ -- Terra CO2 Technology, the scalable low-carbon alternative for cement production, announced today that it has entered into a definitive agreement with Asher Materials for an exclusive market license of Terra's first commercial-scale advanced processing facility. Under the agreement, Asher Materials will acquire the plant, based in the Dallas-Fort Worth market, after construction and commissioning are complete.

Key Points: 
  • DALLAS/FORT WORTH, Sept. 12, 2023 /PRNewswire-PRWeb/ -- Terra CO2 Technology , the scalable low-carbon alternative for cement production, announced today that it has entered into a definitive agreement with Asher Materials for an exclusive market license of Terra's first commercial-scale advanced processing facility.
  • Under the agreement, Asher Materials will acquire the plant, based in the Dallas-Fort Worth market, after construction and commissioning are complete.
  • Terra's partner, Asher Materials, has been working for over a decade, constructing first-of-its-kind industrial facilities focused on sustainability and efficiency.
  • "The future of sustainable cement is here, and Terra is excited to be leading the charge to market."

FAVOR DELIVERY HONORS LOCAL RESTAURANTS WITH BEST IN TEXAS AWARDS

Retrieved on: 
Thursday, September 7, 2023

AUSTIN, Texas, Sept. 7, 2023 /PRNewswire/ -- Favor Delivery, the only restaurant delivery app by and for Texans, announced today the winners of its Best in Texas awards. These awards recognize the most-ordered locally owned and operated restaurant partners of 2023 in Favor's key markets across Texas.

Key Points: 
  • AUSTIN, Texas, Sept. 7, 2023 /PRNewswire/ -- Favor Delivery , the only restaurant delivery app by and for Texans, announced today the winners of its Best in Texas awards.
  • These awards recognize the most-ordered locally owned and operated restaurant partners of 2023 in Favor's key markets across Texas.
  • As Favor's Best in Texas winners, these merchants receive free featured placements in the Favor app and discounted delivery fees for three months.
  • "We are thrilled to celebrate our most-ordered local restaurant partners with Favor's Best in Texas awards," said Keith Duncan, CEO of Favor Delivery.

International Homebuyers Purchased More than $4 Billion in Residential Real Estate in Texas

Retrieved on: 
Wednesday, September 6, 2023

AUSTIN, Texas, Sept. 6, 2023 /PRNewswire/ -- A recent report released by Texas REALTORS® revealed that international homebuyers spent $4.3 billion on nearly 10,000 home purchases in Texas from April 2022 to March 2023. This activity represents 2.8% of the total number of homes sold and 3.6% of total dollar volume of residential sales.

Key Points: 
  • AUSTIN, Texas, Sept. 6, 2023 /PRNewswire/ -- A recent report released by Texas REALTORS® revealed that international homebuyers spent $4.3 billion on nearly 10,000 home purchases in Texas from April 2022 to March 2023.
  • While the median home price for international buyers, at $320,800, is lower than the overall Texas median of $342,000, the average purchase price for international buyers was $446,100.
  • "Texas has long been one of the most popular states for international buyers," said Marcus Phipps, 2023 Chairman of the Texas Realtors.
  • The other top countries were China (8%), India (7%), Nigeria (5%) and Venezuela (5%), showing a diverse international interest in the Texas real estate market.

Lone Star College Joins Nationwide Upskilling Initiative to Close Houston's Tech Talent Gaps

Retrieved on: 
Wednesday, September 6, 2023

HOUSTON, Sept. 6, 2023 /PRNewswire/ -- Lone Star College announced a new partnership designed to build stronger pipelines of talent in support of the greater Houston region's fast-growing tech industry. The initiative, delivered as part of Lone Star's Continuing Education offerings and developed in collaboration with industry partners including tech talent accelerator SkillStorm, will provide Texan employers with increased access to new talent pools and a means to close skills gaps within their current workforce. Through Lone Star, employers throughout the Houston area can use tuition reimbursement dollars to upskill their incumbent workforce through courses that lead to industry-recognized credentials from major tech employers including Salesforce, CompTIA, and AWS.

Key Points: 
  • HOUSTON, Sept. 6, 2023 /PRNewswire/ -- Lone Star College announced a new partnership designed to build stronger pipelines of talent in support of the greater Houston region's fast-growing tech industry.
  • The initiative, delivered as part of Lone Star's Continuing Education offerings and developed in collaboration with industry partners including tech talent accelerator SkillStorm, will provide Texan employers with increased access to new talent pools and a means to close skills gaps within their current workforce.
  • Lone Star College, located in the metro Houston area, is at the center of surging tech growth in the state of Texas.
  • CompTIA's 2022 State of the Tech Workforce report indicates rising demand for talent with expertise in IT, cybersecurity, and software development from major Houston-based tech employers.

RWE's 200-MW Montgomery Ranch Wind Farm under construction in Texas

Retrieved on: 
Thursday, August 31, 2023

AUSTIN, Texas, Aug. 31, 2023 /PRNewswire/ -- RWE, a leading renewable energy company, announced its 200 megawatt (MW) Montgomery Ranch Wind Farm is in construction in Foard County, Texas.

Key Points: 
  • AUSTIN, Texas, Aug. 31, 2023 /PRNewswire/ -- RWE, a leading renewable energy company, announced its 200 megawatt (MW) Montgomery Ranch Wind Farm is in construction in Foard County, Texas.
  • The Montgomery Ranch project raises RWE's installed wind capacity in the Lone Star State to 4.3 gigawatts (GW), enough capacity to power more than 1.2 million homes.
  • Texas leads the nation in installed wind capacity and RWE's projects there also include the 240 MW Blackjack Creek and the 200 MW El Algodon Alto wind farms.
  • "We welcome the Montgomery Ranch Wind Farm to Foard County and we thank RWE for choosing Foard County," said County Judge Mark Christopher.

Thermomix Heats up Home Cooking in Texas: Announces New Dallas Corporate Headquarters at Annual Consultant Conference in Austin

Retrieved on: 
Friday, August 25, 2023

During the event, the brand reinforced its commitment to dedicated expansion across the U.S. and announced plans for the company to move its corporate headquarters from Thousand Oaks, California to Dallas, Texas by the end of the year.

Key Points: 
  • During the event, the brand reinforced its commitment to dedicated expansion across the U.S. and announced plans for the company to move its corporate headquarters from Thousand Oaks, California to Dallas, Texas by the end of the year.
  • View the full release here: https://www.businesswire.com/news/home/20230825129002/en/
    Home to numerous direct sales companies for decades, Texas was a clear winner when the brand was choosing a new headquarters location.
  • A localized brand mission bringing families together through simple, healthy, and creative cooking across generations - Thermomix: ignite passion, spark joy, and cherish WOW moments.
  • From simple-to-prepare fajita seasonings and refreshing horchatas to Ruby Red grapefruit palomas and more, home cooking enthusiasts will find ample Thermomix inspiration from the Lone Star State now and for the foreseeable future.

Lone Star Analysis Maintains Top Spot on Inc. 5000 List for Third Consecutive Year

Retrieved on: 
Tuesday, August 15, 2023

Lone Star Analysis , a trusted provider of leading-edge predictive and prescriptive analytics, and Evolved AI® (EAI™), today announced the company has earned a spot on the prestigious 2023 Inc. 5000 list, which highlights America's fastest-growing private enterprises.

Key Points: 
  • Lone Star Analysis , a trusted provider of leading-edge predictive and prescriptive analytics, and Evolved AI® (EAI™), today announced the company has earned a spot on the prestigious 2023 Inc. 5000 list, which highlights America's fastest-growing private enterprises.
  • “Our expansion within the Intelligence Community through our Evolved AI® solution demonstrates our commitment to delivering impactful solutions,” said Steve Roemerman, Chairman and CEO of Lone Star Analysis.
  • Lone Star secured its third consecutive top ranking on the Inc. 5000 list, led by its 24% revenue growth from 2021 to 2022.
  • In all, this year’s Inc. 5000 companies have added nearly 1.2M jobs to the economy over the past three years.

Susan G. Komen® To Bring Texas Communities Together at MORE THAN PINK Walks, Race For The Cure This Fall

Retrieved on: 
Thursday, August 17, 2023

DALLAS, Aug. 17, 2023 /PRNewswire/ -- Susan G. Komen ®, the world's leading breast cancer organization, today announced it will host MORE THAN PINK Walks and a Race for the Cure in cities across Texas this fall.

Key Points: 
  • DALLAS, Aug. 17, 2023 /PRNewswire/ -- Susan G. Komen ®, the world's leading breast cancer organization, today announced it will host MORE THAN PINK Walks and a Race for the Cure in cities across Texas this fall.
  • "More than 22,000 people in the Lone Star State will be diagnosed with breast cancer this year and Komen is here to help them," said Tim Newman, vice president at Susan G. Komen.
  • "Our Race and Walks are opportunities to unite our communities and make a difference in the fight against breast cancer.
  • We look forward to welcoming runners and walkers to events near them and supporting those who need our help now."

Texas Cannabusinesses Surpass $8B in Revenue, New Economic Report Says

Retrieved on: 
Thursday, August 10, 2023

AUSTIN, Texas, Aug. 10, 2023 (GLOBE NEWSWIRE) -- The hemp industry is a major economic driver for the state of Texas, helping to greatly expand its agriculture, retail and manufacturing sectors according to a new economic report released today.

Key Points: 
  • AUSTIN, Texas, Aug. 10, 2023 (GLOBE NEWSWIRE) -- The hemp industry is a major economic driver for the state of Texas, helping to greatly expand its agriculture, retail and manufacturing sectors according to a new economic report released today.
  • The Whitney Economics report, titled, “Hemp Derived Cannabinoids in the Lone Star State: An Economic Impact Analysis of Cannabinoid Retail in Texas,” estimates that cannabusinesses last year generated more than $8 billion in revenue and employed more than 50,000 workers.
  • In addition, hemp-derived cannabinoid product manufacturers and extractors have invested more than $1 billion in infrastructure to establish and expand operations throughout Texas.
  • The survey was sent to over 2,560 (approximately 52.7%) of the estimated 5,033 hemp, CBD and cannabinoid retailers, manufacturers and distributors in Texas.