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Jun 6, 2023

CNSI-Kepro rebrands as Acentra Health

The health services tech company that formed from last year’s merger of McLean-based health care IT provider CNSI and Nashville, Tennessee-based health care management tech company Kepro is now branding itself as Acentra Health. The company announced the rebranding Tuesday. “Our new company name and brand represent a new era and a transformational new company,” […]

May 16, 2023

Bowman acquires Ga., Fla. engineering firms

Updated May 18 Reston-based engineering services firm Bowman Consulting Group Ltd. completed two acquisitions early this week, its 19th and 20th purchases since going public in May 2021. The company announced Monday it had acquired Georgia-based Fisher Engineering Inc. and followed it with a Wednesday announcement it had acquired Florida-based civil engineering firm Hole Montes […]

Tree-trimming companies merge, announce new leaders
May 8, 2023

Tree-trimming companies merge, announce new leaders

Two national tree-trimming and vegetation management companies have merged and announced new leadership. The merger of Norfolk-based Xylem Tree Experts with Lawrenceville, Georgia-based Kendall Vegetation Services was backed by Connecticut-based private equity firm Sterling Investment Partners.  The new company will have dual headquarters in Norfolk and just outside Atlanta. Its services will con[...]

Apr 28, 2023

Charlottesville car dealerships acquired

Flow Automotive Cos. has completed its acquisition of five Umansky Automotive Group dealerships in Charlottesville, the company announced April 18. Terms of the deal were not disclosed. Flow’s acquisition includes locations selling Honda, Toyota, Subaru, Mercedes-Benz, Chrysler, Dodge, Jeep and Ram automotive brands, according to a news release. Flow currently has dealerships representing Au[...]

Apr 13, 2023

Fors Marsh acquires Fla. marketing firm

Arlington County-based market strategy and research firm Fors Marsh has acquired Florida-based marketing firm Brunet-García, the company announced April 5. Terms of the deal were not disclosed. Fors Marsh employs 420 researchers, advisers and communicators and serves federal clients such as the U.S. Department of Health and Human Services, the Department of Defense, the Department […]

Apr 7, 2023

Bowman acquires Maryland engineering firm

Reston-based Bowman Consulting Group Ltd. has acquired Rockville, Maryland-based Richter & Associates, a dry utility infrastructure engineering firm, the company announced Tuesday. Terms of the deal were not disclosed. Richter has 28 employees. The company works with private and public clients as well as utilities to design, develop and implement natural gas, electric and telecommunications [&[...]

Apr 5, 2023

Hurt & Proffitt acquires Gretna civil engineering firm

Lynchburg-based civil engineering firm Hurt & Proffitt (H&P) has acquired Gretna-based Reynolds-Clark Development, according to a news release. H&P Chief Financial Officer Matthew Leslie declined to disclose the value of the deal. The company has added Reynolds-Clark’s five employees to its workforce, bringing its total personnel to about 150. Reynolds-Clark will be now be known [...]

Apr 3, 2023

Mars to acquire Colorado pet care company for $1.2B

McLean-based global candy and pet food manufacturer Mars Inc. has entered into a definitive agreement to acquire Loveland, Colorado-based veterinary diagnostic and specialty product provider Heska Corp. in a deal valued at $1.2 billion, or $120 per share, the companies announced Monday. Heska will join Mars Petcare, expanding its science and diagnostics division. “This transaction […]

Retail | Wholesale
Mar 27, 2023

Arko tries to keep $1.4B TravelCenters of America bid alive

Updated 5:30 p.m. March 28 Henrico County-based Fortune 500 convenience store holding company Arko Corp. is rivaling British oil and gas giant BP in a $1.4 billion bid to acquire Westlake, Ohio-based TravelCenters of America Inc., a publicly traded convenience store chain with 281 retail stores and roadside restaurants in 44 states. On Monday, Arko […]

Mar 24, 2023

ASRC Federal to pay $350M for SAIC’s logistics biz

Reston-based Science Applications International Corp. (SAIC) has agreed to sell its logistics and supply chain management business to Reston-based ASRC Federal Holding Company LLC for $350 million in cash, both companies announced Thursday. About 240 SAIC employees will transition to ASRC Federal upon completion of the deal, which is expected to close in spring 2023. […]

Mar 14, 2023

Two Hampton Roads marketing agencies to merge

Norfolk-based WB Marketing’s parent company has acquired majority interest in Virginia Beach-based marketing and communications firm Meridian Group and will merge the two into one agency, Meridian Group announced Tuesday. Mike Matacunas from Norfolk-based private investment firm Five Hill Capital — WB Marketing’s parent — acquired the majority interest from Meridian Group founder J[...]

Carey Smith. Photo courtesy Parsons
Mar 14, 2023

Parsons to acquire N.J. software company

Centreville-based Fortune 1000 defense contractor Parsons Corp. has entered into an agreement to acquire IPKeys Power Partners Inc., a New Jersey provider of enterprise software platform solutions, the company announced Tuesday. The $43 million acquisition is expected to close in the second quarter. IPKeys Power Partners delivers cyber and operational security to electric, water and […]

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