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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Fort Worth private equity firm sells health care company

Ancor Capital Partners of Fort Worth and Chicago-based Merit Capital Partners have sold Carex Health Brands to Tenex Capital Management, New York.
As part of the agreement, Carex Health Brands will be merging with Roscoe Medical, another portfolio company of Tenex Capital Management. The transaction will create a combined company to serve the growing home health care market, with market distribution across all channels from retail to DME and managed care.
No price on the transaction was released.


Ancor and Merit acquired Carex Health Brands in 2010, and led the company through three strategic acquisitions to further diversify its product line and customer base. According to a news release, Carex Health Brands is the market leader of branded home medical equipment sold directly to the consumer through drug store chains, mass merchants, and grocery retailers. In addition, Carex offers one of the broadest product lines in the industry including pain therapy and medication compliance aids.


"We are extremely proud of the accomplishments that Carex has made in the three years since we acquired the company,” said J. Randall Keene, managing director at Ancor in a news release. “During this time frame, we made acquisitions of Detach N’ Go, Uplift Technologies and Thermionics Inc. The company also experienced organic growth by adding new customers and further penetrating existing customers.”
Carex Health Brands markets its products under the Carex, Apex, Bed Buddy and Thera-Med brands.
Ancor Capital Partners is a private equity firm focused on lower middle-market manufacturing and distribution companies.
www.ancorcapital.com
 

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