Dallas-based advertising company Integrity Marketing Group has secured $945 million in debt financing, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Sept. 16 and led by Crescent Capital.
According to its Crunchbase profile, "Integrity Marketing Group is one of the nation’s largest marketing organizations. They bring together the needs of insurance companies and major distribution channels by providing product design, proven marketing systems, and profitability into today’s top selling products. Their expertise in the senior market allows us to partner with some of the largest insurance carriers in the nation."
The 14-year-old company also raised a private equity round in 2016.
Over the past year, six Dallas-based advertising companies have secured venture funding, totaling $945 million in new investment to the local industry.
In other local funding news, oil and gas and waste management company Goodnight Midstream announced a private equity funding round on Oct. 9, financed by Tailwater Capital.
According to Crunchbase, "Headquartered in Dallas, Goodnight Midstream built its first water infrastructure in 2011, and [it] has grown to become the leading independent water gathering and disposal service provider for producers in the Bakken. Goodnight now owns more than 150 miles of saltwater gathering pipelines connected to a network of 16 saltwater disposal facilities in North Dakota."
Founded in 2011, the company has raised two previous rounds, including a $105 million debt financing round in 2016.