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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Fort Worth Chamber names Small Business of the Year winners

A trampoline recreation business; an oilfield services company; a longtime aviation maintenance firm; a maker of electrical wiring harnesses. Those were the wide variety of businesses that received the 2015 Small Business of the Year Award from the Fort Worth Chamber of Commerce.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.


First American is a payment processor that provides electronic transaction processing services for more than 140,000 merchants in the United States, and in Canada through its Canadian subsidiary, iATS Payments. Private investment firm Lindsay Goldberg held the majority ownership position in First American.
“First American is at an exciting point in the company’s evolution, and we look forward to collaborating with our new financial partners to identify and pursue attractive opportunities to drive our next phase of growth – both through organic expansion and strategic acquisitions,” said Neil Randel, chairman of the board and CEO of First American.


Closing is expected in August and terms of the transaction are not being disclosed. In the Fort Worth Business Press Top 100 listing, First American said it had revenues of $431.2 million in 2012.
With $140.8 billion (Canadian) in net assets as of Dec. 31, 2013, the Ontario Teachers’ Pension Plan is the largest single-profession plan in Canada. - Robert Francis
 

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