Telus International to acquire WillowTree for $1.2B
Charlottesville-based WillowTree Inc., recently recognized by Adweek for being one of the fastest-growing agencies in the nation, has entered into an agreement to be acquired by Canadian tech company Telus International Inc. for $1.225 billion, Telus announced Thursday. The acquisition is expected to close in January and is subject to regulatory approvals. Under the agreement, […]
Two Va. agencies make Adweek’s fastest growing U.S. agencies list
Two ad agencies that call Virginia home have landed on Adweek’s 2022 list of the fastest-growing U.S. ad agencies, the publication announced Monday. Richmond-based creative agency Dotted Line ranked third on the list of Adweek’s fastest-growing agencies in the Southeast, and No. 22 on the list of the nation’s 75 fastest-growing agencies. Charlottesville-based Willow Tree [&hellip[...]
Lead on
Not long after D’Ivonne Holman became director of development for Northern Virginia family services nonprofit Britepaths in 2018, she signed up to participate in Leadership Fairfax, a leadership development organization focused on local and regional challenges in Fairfax County. Her boss, a Leadership Fairfax alum, encouraged her to apply. She was accepted into Leadership Fairfax’s […]
EY names eight Virginians mid-Atlantic entrepreneurs of year
Eight leaders from six Virginia businesses have been named winners of Ernst & Young LLP’s Mid-Atlantic Entrepreneur of the Year Award for 2022. The winners, named in early July by the Big Four multinational professional services company, include: 10Pearls | Imran Aftab, co-founder and CEO, Vienna Aireon LLC | Don Thoma, founder and CEO, McLean ID.me […]
VCU’s theater department receives $5M donation
Virginia Commonwealth University has received a $5 million donation from Charlottesville resident James H.T. McConnell Jr. for the Department of Theatre in the School of Arts, the university announced Thursday. The gift will create three endowed funds to promote education and social awareness and to examine social justice through the lens of theater, according to […]
Home improvement
Affordable housing isn’t the first thing that comes to mind when you think of the University of Virginia. But it’s top of mind for U.Va. officials who have pledged to support the development of 1,000 to 1,500 affordable housing units in Charlottesville and Albemarle County over the next decade. To jump-start the effort, U.Va. is […]
Back to work
Although the nation’s commercial real estate market is still lagging for the most part, that isn’t the case in Charlottesville, where fresh new multiuse projects have perked up interest in workspaces. The nationwide vacancy rate for office space in the first quarter of 2022 was a rather dreary 15.7%, according to Yardi Matrix, a commercial […]
Bio-plastic startup wins Lighthouse Labs pitch contest
While pitching to the sharks, entrepreneur Alec Brewer told them, “I do have white powder in my pocket,” before quickly clarifying that it wasn’t an illicit substance: “It’s PHB! It’s PHB!” Brewer passed the vial over for the sharks’ inspection during his Lighthouse Labs Demo Day pitch Thursday for his company, Ourobio, of which he […]
UVA Community Credit Union has new president, CEO
UVA Community Credit Union has named Susan M. Gruber as its next president and CEO. Gruber previously served as executive vice president and chief financial officer of Dublin, California-based Patelco Credit Union since 2014, according to a news release. She has also worked as CFO and senior vice president at Jeanne D’Arc Credit Union in Lowell, […]
UVA Health, Focused Ultrasound launch $8M center
University of Virginia Health and Charlottesville-based Focused Ultrasound Foundation invested $8 million into launching the Focused Ultrasound Cancer Immunotherapy Center, the health system announced Wednesday. “We are excited to announce this powerful multidisciplinary and interdepartmental collaboration effort with the Focused Ultrasound Foundation and the commonwealth of Virginia to expand t[...]
U.Va. hits $4B in capital campaign
The University of Virginia has hit its $4 billion benchmark in its $5 billion Honor the Future capital campaign three years ahead of its deadline, the university announced this week. U.Va. has brought in significant individual donations during the fundraising campaign, including a record-breaking $120 million gift from alumni Jaffray and Merrill Woodriff in 2019, […]
Summer dreams
Tournaments at the Virginia Beach Sports Center. Events at the Virginia Beach Convention Center. A busy Oceanfront boardwalk. That was the scene in Virginia Beach during just one weekend in mid-March. And it was the perfect “prelude” to the summer travel season, says John Zirkle, general manager of the DoubleTree by Hilton Virginia Beach. “The […]