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Xcelerate Solutions acquires Maryland software company
McLean-based national security company Xcelerate Solutions announced Tuesday that it acquired software development company clearAvenue.
Dotted Line Agency acquires Richmond peer
Henrico County's Dotted Line Agency acquires Richmond’s The King Agency. Founder Dave King is retiring but will provide consulting services.
Democrats tie $6B Nexstar-Tegna deal to Jimmy Kimmel’s suspension
Congressional Democrats, including U.S. Sen. Tim Kaine, are tying ABC late night host Jimmy Kimmel's indefinite suspension on Wednesday to the $6.2 billion Nexstar-Tegna acquisition.
Virginia’s Performance Food Group exploring merger with US Foods
Performance Food Group has entered into an agreement with US Foods to begin sharing information, hinting at a possible merger.
American Systems acquires Epsilon, adds 400 employees
Chantilly-based government IT contractor American Systems announced that it has acquired North Carolina-based cybersecurity company Epsilon.
TowneBank completes $203M acquisition of Old Point
TowneBank has closed its $203 million acquisition of Hampton-based Old Point National Bank of Phoebus and its parent company.
Kraft Heinz to split a decade after megafood merger
Kraft Heinz will split into two firms by 2026: one with Heinz, Philadelphia and Kraft Mac & Cheese, the other with Oscar Mayer, Singles and Lunchables.
MasterBrand to acquire American Woodmark in $3.6B deal
MasterBrand plans to acquire Winchester-based cabinet manufacturer American Woodmark in an all-stock merger.
Keurig Dr Pepper buys Peet’s for $18 billion and plans split into coffee and beverage companies
Keurig Dr Pepper to buy Peet’s Coffee owner JDE Peet’s for $18B, then split into separate coffee and beverage companies.
Lowe’s to buy Foundation Building Materials for $8.8 billion
Lowe’s is acquiring Foundation Building Materials for $8.8 billion, strengthening its push into the professional builder market as it battles Home Depot.
TowneBank to acquire N.C. bank for $476M
Suffolk-based TowneBank announced Tuesday that it has signed an agreement to acquire North Carolina-based Dogwood State Bank for about $475 million.
TowneBank to close on $203M Old Point deal Sept. 1
TowneBank will acquire Old Point Financial in a $203M deal closing Sept. 1, expanding its market share in Hampton Roads
