Berkshire Hathaway Strikes $8.5B Deal for Scottsdale Homebuilding Giant

inbusinessPHX.com

Taylor Morrison Home Corporation and Berkshire Hathaway Inc. jointly announced that they have reached a definitive agreement for Berkshire Hathaway to acquire Taylor Morrison for $72.50 per common share in cash, representing a total equity value for Taylor Morrison of approximately $6.8 billion and total enterprise value of approximately $8.5 billion. The acquisition price … [More]

ASU, GoDaddy Launch National Program for College Athletes

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The National Association of Collegiate Directors of Athletics, announced a new collaboration with SPORTx at Arizona State University and GoDaddy that lays the foundation for student-athlete education and activation opportunities relative to Name, Image and Likeness. SPORTx Venture Studio built with GoDaddy will be recognized as NACDA's Annual and Convention sponsor ahead of the … [More]

Looking Good 2026 – June Standouts

by Mike Hunter

Local Standouts Recognized for Achievements and Philanthropy ACHIEVEMENTS Sundt Construction Leads Industry in Safety Scottsdale Advisor Continues National Streak 72SOLD Founder Accepts National Appointment PHILANTHROPY OneAZ Strengthens Community Burch & Cracchiolo Upgrades Teacher Award Lerner & Rowe Gives Back Builds on $1M Tradition … [More]

Auto Repair Store Expansion Jumps to Phoenix from Northeast U.S.

by Mike Hunter

Full-service auto repair Dunn Tire & Auto recently opened a store in Phoenix. This location, on Bell Road east of I-17, marks not only its first Phoenix location but its first location beyond the Northeast. “We have always prioritized smart, measured growth across our portfolio of tire and full-service automotive maintenance shops,” says Daniel Cota, Dunn Tire & Auto … [More]

Men’s Grooming Industry Is Looking Good

by Jeff Helfgott

As a Gold Canyon homeowner for more than 14 years, I have watched the Valley transform — new communities rising, businesses relocating and a population growing at roughly three times the national average. With population growth and a strong lifestyle focus, the Phoenix metro is one of the most compelling markets in the country for premium, experience-driven brands. That is why … [More]

Arizona Expands Global Chip Push with Asia Mission

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Building on record international activity and historic foreign investments, the Arizona Commerce Authority (ACA), will lead an economic and innovation-focused delegation to Japan, the Republic of Korea, and Taiwan from May 27 through June 3. The visit underscores Arizona’s accelerating international momentum and the state’s expanding leadership in the global technology … [More]

$850M Deal Advances Arizona Cobalt Processing Project

inbusinessPHX.com

EVelution Energy LLC, a U.S.  critical minerals company developing the first commercial-scale cobalt metal and cobalt sulfate  processing facility in the United States, announced the signing of a binding long-term offtake  agreement with Mitsui & Co., Ltd., valued  at approximately $850 million over the five-year term of the agreement (based on current market  … [More]

Scottsdale Alternative Asset Manager Acquires Equipment Leasing Co.

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Trinity Capital Inc., a leading alternative asset manager, announced that it acquired Equipment Leasing Services, a provider of flexible equipment finance options to businesses across the Southwest in various sectors including manufacturing, transportation, construction and aerospace. With over 25 years in operation, ELS brings an established originations platform, recurring … [More]

Homebuilder Plans 616K-SF Modular Home Factory in West Valley

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Cavco Industries, Inc. announced plans to build a state-of-the-art home manufacturing facility in El Mirage, Arizona. The new 616,000 square foot building facility will increase access to affordable housing across multiple states by producing exceptional, affordable HUD-code manufactured and modular single-family homes. Cavco, headquartered in Phoenix, Arizona, designs and … [More]

Harkey Media Acquires Valley Portfolio with Expansion in Mind

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Harkey Media, the out-of-home (OOH) advertising company that has built a national presence across America's largest cities, is making its biggest investment right in its own backyard. The company announced the acquisition of Boulevard Outdoor, a Phoenix-based operator, along with plans to develop approximately half a dozen additional advertising locations throughout the Phoenix … [More]

Hawaiian Fast-Casual Chain Opens Second Valley Location at CityScape

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Mo’ Bettahs Hawaiian Style Food opened its second Arizona location May 18 in downtown Phoenix, continuing the brand’s expansion in the state and introducing more Arizonans to its take on traditional Hawaiian plate lunch.  Located at 50 W. Jefferson St., Suite 180, in CityScape, the new restaurant places Mo’ Bettahs in the heart of downtown, just steps from major office … [More]

California Electrical Contractor to Establish Mountain West HQ in Chandler

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Rosendin Electric, Inc., the nation’s largest employee-owned electrical contractor, announced the purchase of Allred Park Place Building 4 in Chandler, which will serve as the company’s new Mountain West regional headquarters. The new campus will unite Rosendin’s regional operations teams with its growing workforce and corporate teams, including Engineering, Technology, … [More]

North Scottsdale Animal Hospital Opens with Focus on Preventive Care

Nico Pacioni

Local veterinarian Dr. Daniele Johnson announced the opening of Livewell Animal Hospital of North Scottsdale, located at 17757 N Scottsdale Rd Suite 104, Scottsdale, AZ 85255. After practicing in North Scottsdale for the past several years, Dr. Johnson is excited to deepen roots in the community with a modern veterinary hospital that blends high-quality medical care with … [More]

Insurance Co. Acquires Surety Platform in Growth Push

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CopperPoint Insurance Company, a leading Arizona-based specialty provider of workers' compensation and commercial insurance solutions, announced the signing of a definitive agreement to acquire General Indemnity Group (GIG) and its subsidiaries, including United Casualty & Surety Insurance Company (UCS), industry-leading surety placement platform BOSS Bonds, and … [More]

Black Rock Expands Valley Footprint with Two New Shops

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Black Rock Coffee Bar, the Oregon-born boutique coffee company known for its specialty coffees, teas, smoothies, and popular Fuel® energy drinks, is expanding its footprint in the Valley with two new locations opening this week. The first store, located at 16 W McKellips Rd will officially open in Mesa on Wednesday, May 20th. A Tempe location at 2030 E Elliot Rd will follow … [More]

Marketing Agency Plants Roots in Downtown Phoenix with New HQ

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After 11 years of operating as a remote-first agency serving clients across the United States, Verum Digital Marketing has opened a downtown Phoenix headquarters, creating a centralized environment for in-person strategy, collaboration, production, and digital execution. Verum celebrates the new HQ with an open house on Wednesday, May 20, from 4 to 7 p.m., welcoming the … [More]

AIA Names Exclusive Health Insurance Partner

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Banner|Aetna, an Arizona-based health plan jointly owned by Banner Health, one of the few fully integrated health systems in the nation, and Aetna, a CVS Health company, announced its sponsorship of the Arizona Interscholastic Association (AIA)—the governing body for Arizona high school athletics programs—making the insurer the AIA’s exclusive health insurance … [More]

Electrical Contractor Secures 100,622-SF Chandler Building for Regional HQ

inbusinessPHX.com

Rosendin Electric, Inc., the nation's largest employee-owned electrical contractor, announced the purchase of Allred Park Place Building 4 in Chandler, Ariz., which will serve as the company’s new Mountain West regional headquarters. The new campus will unite Rosendin's regional operations teams with its growing workforce and corporate teams, including Engineering, Technology, … [More]

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