Free logo maker Dallas Cowboys is set to sell a logo maker business to a venture capital firm, a person familiar with the matter said Thursday.
The Dallas Cowboys announced Thursday that it would be selling the logo maker firm, which it acquired in 2016.
The company, known for its logo designs, is also known as the Cowboys Logo Company, and was founded by a group of Dallas-area residents.
The new entity, which will remain private, will also be responsible for the design of the Cowboys’ logo, the person said.
The logo maker was created by the Dallas Cowboys’ marketing department in 2016, and the company will not be required to report to the team or the team owner, the company said.
It is not known when the company plans to resume business operations.
The Cowboys’ team website and social media accounts did not mention the company in their news releases Thursday, but the team did post a video of the company and the Dallas logo on YouTube.
The company was founded in 2014 by Chris Denton, a Texas native, and Jeff McQuillan, who is also from Dallas.
The group launched the logo design for the NFL’s Dallas Cowboys in 2015.