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Recent Articles from Sydney Lake
Universal Corp. completes acquisition of dehydrated foods company
Richmond-based international tobacco leaf supply company Universal Corp. announced Thursday it has completed the acquisition of Momence, Illinois-based dehydrated vegetable, fruit and herb processing company Silva International for $170 million in cash. The acquisition was previously announced in early September. Silva will operate as part of Universal’s plant-based ingredients platform, which[...]
Herndon tech company names senior VP, CFO
Herndon-based tech company Serco Inc. (a subsidiary of United Kingdom-based Serco Group plc) announced Wednesday it has named Gordon Foster as senior vice president and chief financial officer, effective Oct. 26. He will succeed Gary Shankman, who announced his plans to retire by the end of 2020. Foster has been the CFO for Herndon-based government […]
Danville Pittsylvania County Chamber announces SoVa leadership cohort
The Danville Pittsylvania County Chamber of Commerce on Monday announced a partnership with the University of Virginia’s Weldon Cooper Center for Public Service and the Charlottesville-based Tom Tom Foundation to launch NextGen: Southern Virginia, a virtual learning and networking opportunity for Dan River Region emerging leaders. The NextGen program will occur during the Tom Tom […[...]
Herndon AI tech firm names new CEO
Herndon-based artificial intelligence tech company Geospark Analytics announced Thursday that company President Amanda Brownfield has been promoted to CEO after being with Geospark for only six months. Brownfield succeeds Geospark founder and CEO Omar Balkinssoon, who will serve as executive chairman of the board and a strategic adviser to the company. “I look forward to […]
Atlanta health care research company buys Falls Church tech firm
Atlanta-based health care research company DLH Holdings Corp. announced Thursday it has acquired Falls Church-based health care technology provider Irving Burton Associates (IBA). DLH is a publicly traded health care research company focused on the federal government and IBA provides health care technology to the military. IBA employs approximately 115 people and its clients include […]
Morgan Stanley expected to complete $13B E-Trade acquisition Friday
Morgan Stanley announced Thursday it has won regulatory approval and expects to complete its $13 billion acquisition of Arlington-based online brokerage E-Trade Financial Corp. on Friday. In late July, E-Trade announced that more than 99% of its stockholders had approved the acquisition, which will be one of the largest acquisitions of a local company in […]
Herndon company to buy N.C. crowdsourcing platform
Herndon-based MBO Partners, a network of independent consultants and contractors, announced Thursday it has agreed to acquire Durham, North Carolina-based crowdsourcing platform MindSumo. Terms of the transaction were not disclosed. MindSumo’s platform allows businesses to crowdsource ideas and insights by posting market research, innovation surveys and product development plans to a communi[...]
George Mason names new law school dean
George Mason University announced Thursday it has named Kenneth Randall as the new dean of its Antonin Scalia Law School in Arlington, effective Dec. 1, replacing Henry Butler. Randall previously served as dean of The University of Alabama’s law school for 20 years and as special counsel to UA President Robert Witt. During his time […]
Parsons Corp. lands $45M contract from San Francisco transit system
Centreville-based Parsons Corp. announced Thursday that the Bay Area Rapid Transit District (BART) public transit system in San Francisco has awarded the company a $45 million contract to support the implementation of the largest communications-based train control system in North America. The CBTC system will improve passenger carrying capacity and provide repair for a safer, […]
Fairfax tech firm to develop immigration identify verification platform
U.S. Citizenship and Immigration Services (USCIS) has awarded Fairfax-based tech company Sevatec Inc. a $22.5 million task order to develop a modern authentication and identity proofing platform for mission delivery, the company announced Thursday. Under the Unrestricted GSA Alliant 2 task order, Sevatec will support mission delivery through a single platform that will provide secure […]
