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Recent Articles from Sydney Lake
‘No name but team’
Marcus Stephenson is living his dream. After a nearly 15-year career in sports entertainment marketing and content (including stints with World Wrestling Entertainment and the Columbus Blue Jackets NHL team), Stephenson joined the Washington Football Team as its vice president of digital marketing and programming just one year ago — ahead of what will be the […]
Breaking barriers
Small Nonprofit | David Silver, CFO Medical College of Virginia Foundation, Richmond David Silver fell into the nonprofit world by chance. After graduating as a Russian history major from the University of Maryland in the midst of the early 1990s recession, Silver worked for several years at hotels and restaurants, where he wound up performing […]
Building a stronger club
Large Nonprofit | Julie Brown, CFO Farmington Country Club, Charlottesville Julie Brown uses her construction industry experience to inform investments in capital projects at Farmington Country Club in Charlottesville. Before her time at the club, Brown served for five years as controller and CFO of Charlottesville-based construction company Martin Horn Inc. And she brought that […]
McLean tech company buys D.C.-based firm
McLean-based information technology company Ntiva Inc. announced Thursday it has acquired Washington, D.C.-based eGuard Technology Services. Financial terms of the transaction were not disclosed. Ntiva provides managed IT, cloud hosting, cybersecurity, communications and strategic IT consulting services, while eGuard monitors, maintains and secures customer IT infrastructures through a single poin[...]
PAE to acquire Mass.-based tech company for $208M
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Monday plans to acquire Burlington, Massachusetts-based Centra Technology Inc. for $208 million in cash. “By acquiring Centra, PAE realizes a significant milestone in the execution of our strategic growth plan to be a provider of innovative, higher margin, knowledge-based offerings in a[...]
Herndon tech contractor announces leadership appointments
Herndon-based tech contractor Valiant Integrated Services LLC announced Friday that Chief Financial Officer Mike Pilon has been promoted as the company’s first enterprise chief operating officer in a string of new leadership appointments. Dan Corbett will succeed Pilon, who had served as CFO since 2017. In his new role, Pilon will oversee operations, engineering and […]
Labor market continues recovery in mid-October
Despite ongoing pandemic struggles, the labor market continued to improve during the week ending Oct. 17, but at a slower pace than at the start of the recovery, according to Virginia Commonwealth University and Arizona State University economists. Early October saw 68.4% of working age adults employed, a more than 8% increase compared with April, […]
N.C. furniture manufacturer to create 150 jobs in Pittsylvania
North Carolina-based Ison Furniture Manufacturing Inc. will invest $3.5 million to acquire and renovate the recently closed A.C. Furniture Co. Inc. facility in Pittsylvania County, creating 150 jobs, Gov. Ralph Northam announced Monday. Ison furniture will also purchase new assembly and production equipment for its upholstered furniture products. Its supplier, Dogwood Global LLC, will occupy [&h[...]
Chesterfield County retail property sells for $1M
A multi-tenant retail property in Chesterfield County sold for $1 million, Cushman & Wakefield | Thalhimer announced last week. Located at 10801 Midlothian Turnpike, the 9,735-square-foot property was 100% leased at the time of the sale to Howes Car Stereo, SMG Imports and My Elite Physique, said Cushman & Wakefield | Thalhimer Senior Vice President […]
Home sales continue to surge in September
Virginia continues to see home sales surge, with a 35% increase during September, according to Virginia Realtors. Sales were up by a staggering 80% in Eastern Virginia when compared to last year. Northern Virginia saw a 37% increase, and Central Virginia saw a 24% jump. Although home sales historically slow following the summer season, the […]
