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Kelsey-Seybold Clinic to spend $24 Million to occupy 52,000 square feet of space in Conroe Texas.

Kelsey-Seybold Clinic to spend $24 Million to occupy 52,000 square feet of space in Conroe Texas.

May 26, 2025 Craig Etkin

Conroe, Texas — According to state and local development sources, Kelsey-Seybold Clinic plans to invest $24 Million to build out 52,000 square feet of new space in Conroe. The company plans to occupy the new space at 11150 Interstate 45 in Conroe, on or about December 1, 2025. According to the company website Kelsey-Seybold Clinic is Houstons premier multispecialty group practice, founded in 1949 by Dr. Mavis Kelsey. More than 480 physicians and allied health professionals practice at 25 locations in the Greater Houston area. Kelsey-Seybold offers quality medical care in 55 medical specialties. The organization operates the largest freestanding Ambulatory Surgery Center in the state of Texas and offers state-of-the-art Varian TrueBeam and Varian Edge radiation therapy technology at a nationally accredited Cancer Center. An accredited Sleep Center, comprehensive laboratory services, advanced imaging and diagnostics, 17 onsite Kelsey pharmacies, MyKelseyOnline (a secure web portal for patients to communicate with their Kelsey-Seybold doctors, get most test results, and schedule appointments), and Telemedicine Services E-visits and Video Visits with Kelsey-Seybold medical personnel are part of its comprehensive offerings. Kelsey-Seybold partners with major insurers to offer value-based commercial health plans. KelseyCare Advantage, a Medicare Advantage plan offered to Houston-area beneficiaries and affiliated with Kelsey-Seybold Clinic, has achieved the coveted 5-out-of-5-star rating from the Centers for Medicare and Medicaid for five consecutive years.

To learn more about Kelsey-Seybold Clinic, visit http://www.kelsey-seybold.com/

Company Contact:
Kenneth Janis, Chief Operating Officer
713-442-0427

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WellTheory, the leading whole-person care platform for autoimmune disease, today announced the close of $5M in new funding and the successful rollout of its proprietary AI tools, Care Hub and Care Scribe, across its care operations. New investors Samsung Next, Opal Ventures, and Up2 Fund joined the round, with continued support from existing investors Accel, OVO Fund, and BoxGroup. WellTheory is a virtual care platform reversing the autoimmune epidemic by filling the gaps left behind in traditional healthcare. WellTheory offers a research-backed proprietary program that addresses the root cause of autoimmunity and treats the whole person with the aim to reduce symptoms, improve quality of life, and lower costs.

In a statement Ellen Rudolph, CEO and Co-founder of WellTheory said, “AI is no longer a nice-to-have in care delivery — its essential infrastructure.” “This new round of funding is allowing us to double down on our AI strategy, streamline the most time-consuming parts of care, and expand into new markets. We’re leading the charge in making whole-person, root-cause care more accessible, personalized, and effective and bringing it to scale through our growing partnerships with employers and health plans.”

WellTheory’s Care Scribe, the company’s proprietary AI assistant, now supports its Care Team by attending member sessions, transcribing conversations, and drafting follow-up notes and personalized Care Plans — all for provider review and customization. The tool has reduced provider prep and documentation time by 65%, enabling a more efficient and focused care experience. This meta-intelligence will power a more personalized, proactive experience for members, surfacing symptom patterns, optimizing interventions, and enabling the Care Team to deliver precision support at scale. By connecting the dots across a fragmented care journey, WellTheory aims to not only reduce the burden of autoimmune disease — but also to fundamentally reimagine how it’s managed.
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A growing Central Texas suburb will soon be the home of a new, massive tourist destination. Cedar Park, a city in Williamson County about 20 miles north of Austin, is getting a $95 million Marriott Hotel and Convention Center. The Cedar Park Marriott Hotel and Convention Center will be a new construction at 2155 Cedarview Drive, in Cedar Park. This landmark development will include a cutting-edge hotel with approximately 300 guest rooms, 30,000 square feet of event and meeting space, a full-service restaurant, a breakfast café, and an expansive pool area. Poised to become a focal point of Cedarview, this project will serve as a premier destination for both business and leisure travelers.

Construction on the new hotel and convention center began this May and is expected to end by February 2027. Cedar Park Marriott will be a 210,965-square-foot hotel with seven stories and 297 guest rooms connected to a 50,797-square-foot conference center. There will also be a 120,445-square-foot, three-story parking garage connected to the hotel to fit 320 slots. The project's entire construction site will cover 382,207 square feet.

Project developer Great Lakes Capital said that the hotel will also have "a full-service restaurant, a breakfast café, and an expansive pool area." This new Marriott will become one of Cedar Park’s only full-service hotels, meaning it can accommodate guests seeking on-site dining, recreation and concierge services. Great Lakes Capital is a real estate development and private equity firm uniquely positioned to add value to real estate investments through development, redevelopment and opportunistic investment across the real estate spectrum and throughout the capital structure. Headquartered in South Bend, Indiana, with over $1 billion in assets under management or development, GLC concentrates on several core asset classes, including mixed-use, multifamily, industrial, medical office and other similar conforming product types. As a market leader in new development, GLC actively addresses the needs of tenant partners in addition to speculative development meeting needs the market has not yet reacted to. Luminaut in Cincinnati is listed as the design firm on the project.
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Acrisure has announced it has entered into a definitive agreement for the issuance of new convertible senior preferred stock in a $2.1 billion capital raise led by Bain Capital. Funds from the round will be used to refinance a portion of its existing non-convertible preferred stock, pursue strategic accretive M&A and accelerate its development as a tech-enabled financial services platform, advancing its strategy to become the preeminent fintech solutions provider for millions of small- and medium-sized businesses domestically and abroad. The investors involved in the transaction include Bain Capital Special Situations, Fidelity Management & Research Company, Apollo Funds, Gallatin Point Capital, BDT & MSD Partners, and a consortium of other investors. No existing investor exited as part of this transaction. BDT & MSD remains the largest minority shareholder in Acrisure through affiliated funds.

In a statement Greg Williams, Chairman, CEO and Co-founder of Acrisure said, “This transaction represents a significant milestone and serves as proof that our vision for Acrisure’s scaled platform has become a reality.” “Our evolution from an insurance brokerage into an AI- and technology-powered global financial services provider has opened the door to massive opportunity. I see limitless potential for how far Acrisure can go, and we’re extremely grateful for the financial support and validation from our investors.”

Going forward, Acrisure will continue to expand its footprint and product offerings through strategic, accretive M&A, fully integrating the platform created through its previous 900 acquisitions, and driving organic growth with its robust suite of tailored offerings, which now includes real estate services, cybersecurity tools, payroll and payment processing, and retirement and wealth solutions. Acrisure’s unprecedented growth has driven the company’s valuation to $32 Billion, marking a nearly 40% increase since its last institutional capital raise just three years ago. A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, it connects clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, real estate services – and beyond. In the last eleven years, Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19,000 colleagues in 23 countries.
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