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mergers and acquisitions

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Oct 15, 2025

Genworth’s CareScout to acquire senior care tech company for $20M

CareScout Holdings, a subsidiary of Henrico County-based Fortune 1000 insurer Genworth Financial, announced Wednesday it plans to acquire Seniorly.

Mars nears EU approval for $36B Kellanova deal
Oct 10, 2025

Mars nears EU approval for $36B Kellanova deal

McLean-based candy and snacks giant Mars' $36 billion bid to acquire Pringles and Pop-Tarts maker Kellanova is set to clear a major hurdle by winning unconditional European Union antitrust approval, three people with direct knowledge of the matter said.

Photo of four-story building
Oct 8, 2025

Owens & Minor to sell largest business segment for $375M

Fortune 500 company Owens & Minor, based in Henrico County, announced Wednesday that it plans to sell its Products & Healthcare Services segment for $375 million to Platinum Equity.

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Oct 8, 2025

Xcelerate Solutions acquires Maryland software company

McLean-based national security company Xcelerate Solutions announced Tuesday that it acquired software development company clearAvenue.

L to R: Ron Villacarillo, Leslie Griles, Lauren Sweeney and Meggan Adams make up the Dotted Line’s leadership team. Photo courtesy Dotted Line Agency
Oct 3, 2025

Dotted Line Agency acquires Richmond peer

Henrico County's Dotted Line Agency acquires Richmond’s The King Agency. Founder Dave King is retiring but will provide consulting services.

Democrats tie $6B Nexstar-Tegna deal to Jimmy Kimmel’s suspension
Sep 18, 2025

Democrats tie $6B Nexstar-Tegna deal to Jimmy Kimmel’s suspension

Congressional Democrats, including U.S. Sen. Tim Kaine, are tying ABC late night host Jimmy Kimmel's indefinite suspension on Wednesday to the $6.2 billion Nexstar-Tegna acquisition.

Retail | Wholesale
Sep 16, 2025

Virginia’s Performance Food Group exploring merger with US Foods

Performance Food Group has entered into an agreement with US Foods to begin sharing information, hinting at a possible merger.

cybersecurity art
Sep 12, 2025

American Systems acquires Epsilon, adds 400 employees

Chantilly-based government IT contractor American Systems announced that it has acquired North Carolina-based cybersecurity company Epsilon.

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Sep 2, 2025

TowneBank completes $203M acquisition of Old Point

TowneBank has closed its $203 million acquisition of Hampton-based Old Point National Bank of Phoebus and its parent company.

Kraft Heinz to split a decade after megafood merger
Sep 2, 2025

Kraft Heinz to split a decade after megafood merger

Kraft Heinz will split into two firms by 2026: one with Heinz, Philadelphia and Kraft Mac & Cheese, the other with Oscar Mayer, Singles and Lunchables.

Winchester cabinet manufacturer closing Orange plant
Aug 25, 2025

MasterBrand to acquire American Woodmark in $3.6B deal

MasterBrand plans to acquire Winchester-based cabinet manufacturer American Woodmark in an all-stock merger.

Keurig Dr Pepper buys Peet’s for $18 billion and plans split into coffee and beverage companies
Aug 25, 2025

Keurig Dr Pepper buys Peet’s for $18 billion and plans split into coffee and beverage companies

Keurig Dr Pepper to buy Peet’s Coffee owner JDE Peet’s for $18B, then split into separate coffee and beverage companies.

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