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Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

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On the rise: Kolache bakery stirs up Fort Worth breakfast scene

Investment bankers Wade Chappell and Greg Saltsman didn’t know anything about baking or how to make kolaches when they started their own kolache delivery business in Fort Worth. The two friends just loved eating the Czech pastries but couldn’t find a product they liked locally.

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Holt Hickman, businessman who helped preserve Stockyards, dies at 82

Longtime Fort Worth businessman, philanthropist and preservationist Holt Hickman died Nov. 15, 2014, at the age of 82.

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Fort Worth denies three building permits amid TCU overlay debate

City Council members will consider appeals on the three single-family permits Tuesday.

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Taking a RIDE: Fort Worth-based network saddles up for broadcast

As a media executive and owner of television studios, Michael Fletcher has been pitched some ideas before. Like the one from a local preacher who wanted to bust prostitutes and drug dealers – on air – and urge them to come to God.

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Arlington automotive technology firm acquired by private equity firm

Smith System Driver Improvement Institute Inc., a driver training and management solution provider based in Arlington, has been acquired by Levine Leichtman Capital Partners, a private equity firm in Los Angeles.
Founded in 1952, Smith works with fleet managers to provide training programs and content resources to change driver behaviors. Smith has trained millions of drivers in more than 100 countries through its on-road, classroom, e-learning and new technology-based training and driver improvement programs.
Smith is the third investment from Levine Leichtman Capital Partners Fund V LP.
Tony Douglas, Smith’s chief executive officer, and his management team will retain significant ownership in the company and will continue to lead Smith.
“I am very excited about partnering with LLCP as the company seeks to further strengthen its global market position and advance into its next stage of growth,” Douglas commented in a news release. “LLCP has a long history of being a value-added partner to its portfolio companies through their strategic, financial and M&A expertise, and I expect our partnership to contribute meaningfully to the continued growth of our business.”
Smith System was advised by Robert W. Baird & Co. Inc.
Levine Leichtman Capital Partners manages $7 billion of institutional investment capital through private equity partnerships, various debt and leveraged loan funds. LLCP is currently making new investments through Levine Leichtman Capital Partners V LP, Levine Leichtman Capital Partners SBIC Fund LP and Levine Leichtman Capital Partners Private Capital Solutions LP. Prior investments include Santa Cruz Nutritionals, CiCi’s Pizza, Hackney Ladish, Jon Douglas Real Estate Group and Luminator Technology Group.

Betty Dillard
bdillard@bizpress.net
 

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