SMALL BUSINESS INVESTMENT COMPANIES HAVE INVESTED OVER $2.4 BILLION IN TEXAS OVER THE LAST 5 YEARS.
Small Business Investment Company Impact in Texas
- SBICs have invested in 457 small businesses in Texas since 2018.
- SBICs have invested $2.465 billion in Texas small businesses since 2018, with over $705 million invested in FY 2022 alone.
- Texas businesses that received financing from SBICs in 2022 supported 11,576 employees.
A sampling of the Texas-based companies that have received SBIC financing:
OutMatch delivers nearly 20 million scientifically-proven employment assessments each year at over 200,000 client locations worldwide. This unparalleled data set provides a competitive edge in predicting candidate success on the job, empowering employees to reach their full potential, and strengthening alignment with a company’s unique CultureDNA™. Some of the world’s most iconic brands count on OutMatch to accelerate company growth, increase employee performance, and enrich their customer experiences. The innovative OutMatch Platform, coupled with our team of world-class talent experts, makes OutMatch the partner of choice for large, people-focused organizations, including American Airlines, 7-Eleven, Brinker International, HCA Healthcare, and many others.
- SBIC: Rand Capital
Frontier Waste Solutions (Hillsboro)
Frontier was founded in 2017 with the acquisition of several waste companies operating across north, central, and south Texas. Frontier’s founder, John Gustafson, is a respected executive in the waste management industry with more than 25 years of experience serving Texas cities. Gustafson and his leadership team, Bill Killian and Tim Henderson, have more than 100 years of combined operating experience in the waste and recycling industry servicing cities throughout the State of Texas.
- SBIC: Blue Sage Capital
DSW Homes, LLC (Galveston)
DSW Homes specializes in time sensitive disaster relief, rehabilitation, and new home construction. They strive to be the number one customer service builder with a commitment to providing superior quality homes. They work with all types of government entities and with homeowners to ensure the construction programs and projects they participate in succeed and exceed expectations.
- SBIC: Independent Bankers Capital
FlexXray has been protecting the food industry since 2001 when founder Don Forrest built the company’s first food product inspection system. After his initial customer, a bakery, needed help locating a bolt that had gone missing in some pies, Forrest launched the company’s reputation for speed, accuracy, and innovation. Today, FlexXray operates under CEO Kevin Fritzmeyer and is the leading X-ray inspection and recovery service for the food industry. Operations have expanded from that first X-ray food inspection machine to a 60,000-square-foot, temperature-controlled facility in Arlington, Texas. As a USDA- and FDA-registered inspection service, FlexXray has the solutions food processors and manufacturers need to keep products and customers safe.
- SBIC: Dos Rios Partners
Fore Aero (Haltom City)
For four decades, Fore Aero has remained committed to supporting the National Defense and Aerospace Industry and the commercial aerospace market. Over the years their manufacturing facilities have grown to over 176,000 square feet and offer a variety of machining, assembly, metal-to-metal bonding, fiberglass layup, organic finish, and multiple chemical processing capabilities. Fore Aero’s product mix includes Critical and Flight Safety Assemblies.
- SBIC: Southfield Mezzanine