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Minimalist Prada buys maximalist Versace for $1.4 billion, in bid to relaunch sexier Milan rival
MILAN (AP) — The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s “ugly chic” aesthetic and Miu Miu ‘s youth-driven appeal. The highly anticipated deal is expected to relaunch Versace’s fortunes, after middling post-pandemic performance [[...]
Brown Edwards acquires Lynchburg-based accounting firm
Brown Edwards has acquired Lynchburg-based Shelton & Co., an accounting practice known for its construction industry expertise.
Hooker Furnishings to sell two brands for $4.8M
Martinsville-based Hooker Furnishings is selling two case goods brands to Magnussen Home Furnishings for approximately $4.8 million.
Chantilly’s VTG makes sixth acquisition of 2025
VTG announced Tuesday that it has acquired Fairfax-based technology firm Miklos Systems, its sixth acquisition this year.
Broadcast giant Sinclair makes bid to buy out EW Scripps for $7 per share
Sinclair has made a $7-per-share offer to buy E.W. Scripps, a move that could reshape local TV news as consolidation accelerates across the broadcasting industry.
California business acquires Falls Church wealth management firm
Beacon Pointe Advisors has acquired Falls Church-based Hemington Wealth Management, adding $1.2B in assets.
Global Guardian acquires UK risk management company
Global Guardian announced last week that it has acquired UK-based Solace Global Risk, a travel risk management company.
Brown Edwards acquires Virginia Beach-based accounting firm
Roanoke accounting and advisory firm Brown Edwards announced last week that it has acquired Virginia Beach-based DesRoches & Co.
BigBear.ai to acquire Warren County-based AI company for $250M
McLean-based government tech contractor BigBear.ai announced this week that it has entered an agreement to acquire Ask Sage for $250 million.
Culpeper manufacturer Bingham & Taylor acquired
Charlotte Pipe and Foundry has acquired Culpeper-based Bingham & Taylor, a manufacturer of underground infrastructure access solutions
Schewels Home acquires Richmond-area Central Furniture
Lynchburg-based furniture retailer Schewels Home is opening its newest location in Henrico County following the acquisition of Central Furniture.
Systems Planning & Analysis acquires Vienna analytics firm
Systems Planning & Analysis (SPA) announced that it has acquired Vienna-based data science and defense analytics and defense firm Group W.F
