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Virginia banks saw big mergers and acquisitions in 2025
Virginia community banks experienced significant mergers and acquisitions in 2025, including Atlantic Union Bankshares' $1.3 billion purchase of Sandy Spring Bank.
Stanley Martin Homes to acquire United Homes for $221M
Stanley Martin Homes announced Monday that it has entered an agreement to acquire United Homes Group in an all-cash deal worth $221 million.
San Diego firm acquires Chesterfield-based W.O. Grubb
Halo Partners announced Wednesday that it has acquired Chesterfield County-based rigging company W.O. Grubb Crane Rental.
McLean contractor acquires Orlando-based Dignitas Technologies
McLean-based By Light announced Tuesday that it has acquired Orlando-based defense modeling and simulation firm Dignitas Technologies.
After bank mergers comes ‘big work’ of integration
Looser antitrust enforcement under Trump is expected to fuel more bank mergers, reshaping Virginia’s banking landscape.
Leidos to acquire utilities design firm for $2.4B
Reston-based Fortune 500 government contractor Leidos has entered an agreement to buy utilities infrastructure design firm Entrust Solutions Group for approximately $2.4 billion in cash, it announced Monday.
Capital One to acquire Brex for $5.15B
McLean-based banking giant Capital One Financial announced Thursday it has entered an agreement to acquire fintech company Brex in a $5.15 billion stock and cash deal.
Henrico-based ASGN to acquire Quinnox for $290M
ASGN announced this week that it will acquire Chicago-based digital services company Quinnox for $290 million in cash.
Parsons acquires Altamira for $375M
Parsons announced Thursday that it has acquired McLean-based national security company Altamira Technologies Corporation for $375 million.
TowneBank completes $476M acquisition of Dogwood State Bank
Suffolk-based TowneBank announced Monday that it has completed its $476 million acquisition of North Carolina-based Dogwood State Bank.
Owens & Minor rebrands after $375M sale of largest division
Owens & Minor completed the sale of its Products & Healthcare Services segment to Platinum Equity for $375 million.
BigBear.ai completes $250M Ask Sage purchase
BigBear.ai announced Wednesday that it has completed its $250 million acquisition of Ask Sage, a Warren County-based company.
