TWV Capital Management, a Dallas-based private equity firm, has invested $6 million in two new companies: Signature Contracting Services LLC and entegra technologies inc. Both closings took place on June 12, and the investments will come from TWV’s Texas Women Ventures Fund II LP and Texas Women Ventures Fund-Side LP.
Signature, which is based in Grand Prairie, provides infrastructure contracting services and will use the $3.5 million investment from TWV to support its growing backlog of infrastructure projects in Texas and the southwestern portion of the country.
TWV Capital Managing Director Greg O’Shea said that the fund has been seeking investments in infrastructure services for some time. “We are confident in Signature’s abilities to help satisfy the growing infrastructure demands in Texas and the Southwest resulting from increasing population and economic activity,” he said in a press release.
Plano-based entegra, a producer of customizable tablet devices, will use the $2.5 million investment from TWV to launch and produce a new tablet called the CrossfirePro, which is designed to perform in all environments (indoors, outdoors, hot, cold, wet, and dry). Entegra is currently accepting orders for this new device, which will be available to consumers this month.
Whitney Johns Martin, a managing director and co-founder of TWV, worked on the entegra deal and calls the company’s products “industry transforming” in meeting technological needs of both government and commercial users. “We expect entegra’s experienced management team to continue to develop new technologies that make them an innovative leader in the mobile computing industry,” Johns Martin said in a press release.