Join The Discussion

 

New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

read more >

Fort Worth-based Woodmont plans $80M Hard Rock Hotel retail center

Woodmont Outlets of Fort Worth, an affiliate of The Woodmont Co., has partnered with Cherokee Nation Businesses for a proposed upscale retail development at Hard Rock Hotel & Casino Tulsa.

read more >

Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

read more >

Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

read more >

Trinity Valley School leader to leave in May 2015

Gary Krahn, head of school for the past eight years at Trinity Valley School in Fort Worth, will leave his position in May 2015 when he and his wife Paula will move

read more >

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
 

< back

Email   email
hide
Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?