KPMG Centre to Gain High-Tech Transplants from San Diego
Omnitracs and ACTIVE Networks, two companies owned by Vista Equity Partners, a San Francisco-based private equity firm, recently announced their plan of relocating their HQ from San Diego to Dallas.
By Liviu Oltean, Associate Editor
Omnitracs L.L.C. and ACTIVE Network, two San Diego-based technology companies, plan to relocate their headquarters from San Diego to Dallas.
KPMG Centre
Owned by San Francisco-based private equity firm Vista Equity Partners, the firms are expected to land at KPMG Centre, according to the Dallas Business Journal. The 34-story tower at 717 N. Harwood St. was acquired in March by World Class Capital Group, which plans to upgrade the 850,000-square-foot asset.
“We see Dallas as an opportunity to centralize our location as we expand globally, recruit great talent, and increase our operational excellence,” said ACTIVE Network CEO Darko Dejanovic in a statement.
Omnitracs, a provider of fleet management solutions to transportation and logistics companies, will lease approximately 100,000 square feet. The Texax Enterprise Fund is providing the company with a $3.9 million grant as an incentive. Relocation is scheduled for early 2015. Omnitracs will move 450 jobs that pay an average base salary of $50,000.
ACTIVE Network, which specializes in activity and participant management and data solutions, will lease about 200,000 square feet at the same location. The company is receiving an $8.6 million relocation grant and plans to hire about 1,000 people at a base salary of $60,000.
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