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Hilb Group acquires N.J. risk management firm
Henrico County-based insurance company The Hilb Group LLC announced Thursday that it has acquired New Jersey-based E.B. Cohen Insurance and Risk Management. Financial terms of the transaction were not disclosed. “E.B. Cohen aligns perfectly with our strategy for growing among industry leaders — bringing a terrific history of insurance and risk management experience and expertise, […[...]
BIO-CAT plans $35M expansion in Troy
BIO-CAT Microbials LLC, part of BIO-CAT Inc., will invest $35 million in a fermentation facility in Troy, southeast of Charlottesville, creating 20 jobs, the company announced March 3. The biotech company is a producer and wholesaler of enzymes, probiotics and microbials. Founded in 1988, BIO-CAT Microbials will expand its facility to include fermentation capabilities. That […]
Fresh Market property in Chesterfield sells for $6.9M
The Fresh Market grocery store property in Chesterfield County near Midlothian has sold for $6.9 million, Colliers announced Monday. The 31,394-square-foot property was acquired from the California-based seller, 1200 Huguenot Road LLC, by California-based 101 North A ST LLC. It is located at the intersection of Midlothian Turnpike and Huguenot Road. Mark Williford, Will Bradley […]
Camping World property in Hanover sells for $19.4M
The property where Camping World is located in Hanover County has been sold for $19.4 million, Colliers announced Monday. Camping World is at 11525 Sunshade Lane on 30.16 acres with 1,650 feet of Interstate 95 frontage, south of the town of Ashland. It serves as the company’s East Coast flagship location. EMAC LLC bought the […]
In the big leagues
Central Virginia continues to attract pharmaceutical companies, advanced manufacturing sites and distribution centers, with 2021 seeing several major deals from companies that will bring large footprints to the region. Richmond was the leader in the clubhouse, with the city occupying half of the spots on the region’s list of the 10 biggest deals of 2021, […]
Allianz promotes North American CEO to global position
Henrico County-based travel insurance company Allianz Partners USA has promoted CEO Elena Edwards to chief markets officer at the company’s French parent company, Allianz Partners Group. Jeff Wright, the company’s chief financial officer, is succeeding Edwards as CEO of the U.S. business unit. Edwards will retain her position as CEO for North America overseeing the […]
Central Virginia BBB names new CEO
Barry F. Moore Jr., who previously served on the Better Business Bureau’s Central Virginia branch’s board, has been named its president and CEO, the Glen Allen nonprofit organization announced Wednesday. In a funny twist, the new Barry Moore replaces another Barry Moore, who retired in July 2021. They are not related. The newly hired Moore […]
Bon Secours names Richmond market chief clinical officer
Dr. Peter Charvat is the new chief clinical officer for the Bon Secours Richmond market, the health system announced recently. In this role, Charvat will focus on clinical practices across the Richmond market, including standardizing best practices in patient care and medicine. He will report to the former Richmond market chief clinical officer, Dr. Mark […]
Richmond’s Risk Based Security acquired by Flashpoint
Richmond-based Risk Based Security has been acquired by Flashpoint, a New York-based cybersecurity developer specializing in threat intelligence and risk prevention. RBS, founded in 2011, specializes in vulnerability intelligence, breach data and vendor risk ratings. Financial details of the transaction were not disclosed. “I am incredibly excited to welcome the RBS team to Flashpoint,” Flashp[...]
Former Va. education secretary joins McGuireWoods Consulting
McGuireWoods Consulting has named Fran Bradford, Virginia’s former secretary of education, as a senior vice president, the firm announced Tuesday. Bradford was previously deputy secretary and took over from Atif Qarni, who resigned in December 2021 as the state’s education secretary to take a job at Temple University. She will serve on the McGuireWoods government […]
Atlantic Union Bank names Maria Tedesco COO
Richmond-based Atlantic Union Bank has named Maria Tedesco its chief operating officer, effective immediately. It’s a new position for the bank. Tedesco will continue in her role as president as well. She joined the bank in 2018 and previously was chief operating officer for BMO Harris Bank’s U.S. retail and business banking lines, as well […]
Breeden Construction hires marketing manager
Richmond-based Breeden Construction has hired Corbin Matacunas as the company’s marketing manager, Breeden announced Friday. Matacunas will be responsible for conceiving and executing marketing strategies and tactics that drive growth, in addition to working on brand development and messaging. “Corbin is results-oriented and highly collaborative, which makes him a strong cultural fit,” B[...]
