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La.-based health care company buys two Va. practices
Shreveport, Louisiana-based Seaside Healthcare LLC announced Tuesday it has acquired two Virginia mental health care practices: Chesterfield-based Simple Intervention and Hopewell-based Second Chances Comprehensive Services LLC. Financial terms of the acquisitions were not disclosed. Both transactions were part of Seaside Healthcare’s plan to expand in Virginia. Brandon and Kenra Hudson, co-foun[...]
Reston firm sells off federal projects division
Reston-based civil engineering and surveying firm Wiles Mensch Corp. announced Tuesday that it has sold off its federal projects division, which now operates as an independent company, Sorba Engineering. Sorba Engineering, a Reston-based woman-owned small business, employs 12 engineers and technical specialists and has 40 active projects in the Washington, D.C. area. Meredith McComas will [&hellip[...]
Norfolk company buys Michigan-based retail data firm
Trader Interactive, a Norfolk-based vehicle and commercial equipment dealer services company, announced Tuesday it has acquired Grand Rapids, Michigan-based retail data firm Statistical Surveys Inc. (SSI). Financial terms of the acquisition were not disclosed. Trader Interactive specializes in digital marketing for vehicle and commercial equipment companies, while SSI provides retail market share [...]
Falls Church firm buys Silicon Valley company
Falls Church-based association advisory firm Advancea LLC announced Tuesday it has acquired Arroyo Grande, California-based Group Purchasing Solutions (GPS). Financial terms of the acquisition were not disclosed. Founded in 2008, GPS specializes in affinity programs serving mid-sized businesses. Affinity programs are partnerships between nonprofits and businesses in which a business may offer excl[...]
HII acquires unmanned systems business
Newport News-based Huntington Ingalls Industries (HII) announced Monday it has acquired Virginia Beach-based Spatial Integrated Systems Inc.’s (SIS) autonomy business. Financial terms of the transaction were not disclosed, but the acquisition expands HII’s unmanned systems capabilities, according to a company statement. Approximately 50 SIS employees will join unmanned systems business group i[...]
Herndon company acquires N.Y.-based IT firm
Herndon-based IT assets selling and financing company ePlus Inc. announced Monday it has acquired Rochester, New York-based System Management and Planning Inc. (SMP), an information technology company that provides services in New York and the Northeast. Terms of the acquisition were not disclosed, but the transaction will increase ePlus’ regional footprint. “Acquiring SMP strengthens our [&he[...]
Politico to acquire E&E News
Arlington-based political and policy-focused news organization Politico announced last week it will acquire energy and environment news organization E&E News. Terms of the acquisition were not disclosed, but the purchase will add energy and environmental coverage, according to a company statement. The E&E Brand will remain intact. “We are doubling down on our policy coverage […]
Riverside Tappahannock Hospital becomes part of VCU Health System
Richmond-based VCU Health System announced Monday it has finalized its purchase of the 67-bed Riverside Tappahannock Hospital (RTH) and related medical services from Riverside Health System. Financial terms of the transaction were not released. The hospital will now operate as VCU Health Tappahannock Hospital. VCU Health System acquired the hospital and its related services, including […]
$2.7B Genworth acquisition is on hold
UPDATED JAN. 5 Henrico County-based Genworth Financial Inc.’s planned $2.7 billion acquisition by China-based Oceanwide Holdings Group Co. Ltd. has been frozen. In late November, the companies announced that Oceanwide’s acquisition of the Fortune 500 insurance company had been reapproved by China’s National Development and Reform Commission, and the acquisition, which has been frequently pos[...]
The Hilb Group announces 101st acquisition
Marking its 101st acquisition to date, Henrico County-based insurance company The Hilb Group LLC (THC) announced Tuesday it has acquired Williston Park, New York-based insurance agency Hiram Cohen & Son Inc. (HCS), effective Dec. 1. Financial details of the acquisition were not disclosed. A family company founded in 1919, HCS is still operated by founder […]
McLean federal contractor buys Pa.-based software company
McLean-based federal technology contractor NuWave Solutions LLC announced Tuesday it has acquired Allentown, Pennsylvania-based software company ProModel Government Services. Financial terms of the acquisition were not disclosed. This marks NuWave’s second acquisition since it was acquired by Boca Raton, Florida-based private equity firm AE Industrial Partners LP in June. Earlier in December, Nu[...]
Reston civil engineering firm to buy Herndon company
Reston-based civil engineering company Bowman Consulting Group Ltd. announced Friday it will acquire Herndon-based engineering firm KTA Group Inc. Financial terms of the acquisition were not disclosed. Founded in 1989, KTA provides engineering, mechanical, electrical and plumbing services, which will broaden Bowman’s civil engineering offerings, according to a company statement. “The addition [...]
