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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.
Blackstone weighs $5 billion sale of Beacon Offshore, source says
Blackstone is exploring a sale or IPO of Beacon Offshore Energy, valuing the Gulf of Mexico oil and gas operator at over $5B.
Goldman’s profit beats on record stock trading, sees robust M&A activity in 2026
Jan 15 (Reuters) – Goldman Sachs’ fourth-quarter profit beat Wall Street expectations on Thursday, driven by a surge in dealmaking and trading, as it expressed optimism for investment banking in the year ahead. A friendlier regulatory environment under U.S. President Donald Trump, lower interest rates and excess cash have led companies to pursue more deals. […]
Morgan Stanley beats profit estimates on dealmaking windfall
Morgan Stanley beat profit estimates as investment banking revenue jumped 47% on a surge in M&A and debt underwriting.
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.
McLean’s 22nd Century Technologies acquires Reston-based BT Federal
22nd Century Technologies has completed its acquisition of BT Federal, expanding managed network services for U.S. government clients.
EAB acquires UK-based AI marketer
EAB, which has a significant presence in Henrico County, has acquired U.K.-based Hybrid to expand AI-powered digital marketing services for colleges and universities.
Acquisition of Elephant Insurance completed
Admiral Group completes sale of Henrico County-based Elephant Insurance to J.C. Flowers, marking new ownership for the U.S. auto insurer.
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.
Nvidia in talks to buy Israeli AI startup AI21 for $3B
JERUSALEM, Dec 30 (Reuters) – Nvidia is in advanced talks to buy Israel-based AI startup AI21 Labs for as much as $3 billion, the Calcalist financial daily reported on Tuesday. Nvidia declined to comment, while AI21 was not immediately available to comment. A 2023 funding round valued AI21 at $1.4 billion. Nvidia and Alphabet’s Google […]
