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Recent Articles from Robyn Sidersky
Paymerang acquires Aussie AI data platform
Chesterfield County-based payment and invoice automation company Paymerang LLC has acquired Australian-based artificial intelligence data extraction and analysis platform Sypht and the assets of KwikTag, an invoice automation company, Paymerang announced Tuesday. Paymerang acquired both from Tempe, Arizona-based tech firm enChoice Inc. Terms of the deals were not disclosed and the acquisitions wer[...]
Hampton Roads organizations merge to form new roundtable
Two Hampton Roads regional economic development organizations are merging to establish the Hampton Roads Executive Roundtable, with the goal of unifying their efforts. The new organization will combine Hampton Roads Business Roundtable, established in 2012, and Reinvent Hampton Roads, established in 2016, with the primary mission of coordinating the alignment of the region’s economic development[...]
German manufacturer to add 100+ jobs in Chesterfield
Germany-based Weidmüller Group will invest $16.4 million to expand its operations in Chesterfield County, creating more than 100 full-time jobs, Gov. Glenn Youngkin announced Tuesday. Weidmüller Group provides smart industrial connectivity products and solutions that connect and automate electrical power and signaling for components, machines and installations worldwide. It will increase its eng[...]
Lighthouse Labs names new managing director
Art Espey will be the new managing director of Richmond-based Lighthouse Labs, beginning April 17, replacing Paul Nolde, who is leaving to lead 757 Collab and 757 Angels in Hampton Roads. Lighthouse Labs, launched in 2012, is an equity-free, early-stage startup accelerator. Espey previously served as vice chair of Lighthouse Labs’ board of directors from […]
Former auto dealership property in Va. Beach sells
A former auto dealership property in Virginia Beach has a new owner. Best Buy Wheels purchased a 3,904-square-foot former auto dealership from BT Associates LLC for $1.5 million to operate as a second location for its auto dealership. The property, located at 1305 Oceana Blvd., was formerly Bay Shore Used Auto Sales. Clay Willis and […]
Frito-Lay building in Chesapeake sells for $5.4M
A 29,494-square-foot industrial building in Chesapeake has changed ownership, S.L. Nusbaum Realty Co. announced. B&D Acquisitions LLC purchased the building for $5.425 million from Rolling Frito-Lay Sales LP. The building is located on about 6.5 acres at 909 and 913 Professional Place in Chesapeake. Rolling Frito Lay will lease the building back from B&D. Stephanie […]
Hampton Roads consortium opens research HQ
The Hampton Roads Biomedical Research Consortium opened its headquarters at Old Dominion University’s Tri-Cities Center in Suffolk Friday. The consortium is a partnership between ODU, Norfolk State University, Eastern Virginia Medical School and Sentara Healthcare Inc., and was founded in June 2020. Its goal is to address health care disparities, jumpstart scientific research and advance [&h[...]
Lighthouse Labs exec jumps to 757 Angels, 757 Collab
Paul Nolde, executive managing director of Lighthouse Labs in Richmond, will be the new managing director of Norfolk-based 757 Angels and 757 Collab. He replaces Monique Adams, the current executive director of 757 Angels and managing director of 757 Collab, who will leave the organizations this summer. Nolde starts his new role May 30. In […]
Colliers exec jumps to Harbor Group International
Scott Adams has left his role as executive managing director of Colliers International and joined Harbor Group International LLC as senior vice president in investor relations. Harbor Group announced Adams’ hire Tuesday. In his new role, which he started Monday, Adams will initially focus on capital raising efforts in the mid-Atlantic region. He will be […]
Coffee biz buys Newport News building for $1.1M
A coffee company purchased a 2,400-square-foot retail building in Newport News for $1.1 million with plans to turn it into a coffee shop. Seven Cities Coffee LLC, doing business as 7 Brew, purchased the building located at 398 Denbigh Blvd. from JMP Properties LLC, Cushman & Wakefield | Thalhimer announced. The coffee company, 7 Brew, […]
