The Carl Sherman Group Named
Top Economic Development Firm of 2026
by Business Management Review

September 8, 2026

DALLAS, TX — The Carl Sherman Group, LLC (TCSG), a leading municipal advisory and economic development consulting firm, was nominated for recognition and subsequently selected by Business Management Review as its Top Economic Development Firm of 2026. The recognition highlights TCSG's track record of driving investment, creating jobs, and advancing sustainable growth for communities across Texas.

The recognition also highlights TCSG's distinctive approach to economic development: combining deep public-sector experience with results-driven private-sector strategy to help cities, developers, and investors turn economic development opportunities into measurable results.

Following the nomination, Business Management Review conducted its own research and evaluation of TCSG. According to the publication, its selection process considers factors including a company's alignment with its mission, industry impact, expertise, innovation, and potential to contribute meaningful change. Selected companies undergo additional research and editorial review before being featured by the publication.

"This recognition is determined through a rigorous editorial process based on our Business Management Value Assessment Model," said Vincent George of Business Management Review. "It draws on independent editorial research, client subscriber nominations, and industry input, assessing impact on organizational performance, operational efficiency, alignment with business strategy, execution across enterprise functions, and industry credibility. Following that process, the Editorial Board felt The Carl Sherman Group was deserving of recognition for its meaningful impact, expertise, innovation, and contributions to the industry."

Under the leadership of Founder and Managing Partner Carl Oscar Sherman, a former Texas State Representative, two-term Mayor of DeSoto, and City Manager, TCSG draws on a rare combination of administrative, policy, and legislative experience — spanning City Hall operations, elected office, and the State Capitol — along with a record of taking a company public on NASDAQ and the Frankfurt Stock Exchange. That range gives TCSG a distinct edge for its clients, translating fluently between the boardroom, the council chamber, and the legislative floor to turn economic development vision into measurable results for municipalities and the developers who invest in them.

"This recognition belongs to every city partner who trusted us to help them grow," said Carl Sherman, Founder and Managing Partner of The Carl Sherman Group. "Economic development isn't just about attracting investment; it's about building relationships that last well beyond a ribbon-cutting. We're honored, and we're just getting started."

Business Management Review cited TCSG's growing portfolio of municipal engagements and its expanding role connecting international investors, including European partners and Southeast Asian markets, to opportunities across North Texas. The recognition also highlighted a newer facet of TCSG's practice: attracting grocery retail investment to underserved communities through a distinctive approach that packages public-private capital stacks and incentives while matching each community with grocers suited to its specific wants and needs.

The recognition comes at a pivotal moment for TCSG, as the firm continues to expand its footprint with cities and developers seeking a consulting partner who understands both the boardroom and the council chamber. Texas municipalities and developers interested in learning how The Carl Sherman Group can support their economic development goals are encouraged to contact the firm directly.

About The Carl Sherman Group

The Carl Sherman Group, LLC is a Dallas-based municipal advisory and economic development consulting firm founded by Carl Oscar Sherman. TCSG partners with cities, developers, and investors to design and execute strategies that attract investment, create jobs, and build long-term economic vitality.

Media Contact:

Irma Scholes

irma@thecarlshermangroup.com

www.thecarlshermangroup.com