Schewels Home acquires 100-year-old Petersburg retailer
Lynchburg retailer Schewels Home announced that it acquired Petersburg-based Butterworth’s Furniture, which has been in business since 1925.
Doma Technologies, 2 other bizs merge to form health tech contractor
Doma Technologies, Livanta and Advanta Government Services have merged and rebranded as Commence, a health care tech contractor based in Virginia Beach.
Leidos acquires Chantilly AI tech biz for $300M
Reston-based federal contractor Leidos announced Wednesday it has acquired Kudu Dynamics, a business based in Chantilly that builds AI-powered cybersecurity tools for defense customers, for $300 million.
Clark Nexsen acquired by Maryland firm
Virginia Beach architecture and engineering firm Clark Nexsen has been acquired by Maryland-based engineering, architecture and related services company Johnson, Mirmiran & Thompson.
EU regulators to decide on Mars-Kellanova merger in June
Antitrust regulators with the European Union have set a June 25 deadline to decide whether to approve McLean-based candymaker and pet care giant Mars' $35.9 billion acquisition of snack producer Kellanova, announced last August.
Sands Anderson absorbs Virginia Beach law firm
Richmond-based law firm Sands Anderson on Thursday announced that it completed its merger with Virginia Beach-based law firm Frieden Seery Nuckols & Hahn.
Vortex acquires Prism Contractors & Engineers
Houston, Texas-based Vortex Companies, which provides trenchless water and sewer infrastructure products, announced last week that it has acquired Williamsburg-based Prism Contractors & Engineers.
AeroVironment completes $4.1B acqusition of BlueHalo
Arlington County-based defense contractor AeroVironment on Thursday announced that it had successfully completed its $4.1 billion acquisition of Arlington aerospace and defense tech firm BlueHalo.
QXO completes $11B purchase of Beacon Roofing Supply
Beacon Roofing Supply, a Herndon Fortune 500 roofing material and building supplies company, is now a subsidiary of Connecticut software and tech business QXO after the closing of its $11 billion purchase Tuesday, QXO announced.
FiberLight to acquire York County-based fiber provider
Georgia-based fiber optic networks provider FiberLight announced last week it has entered into a definitive agreement to acquire York County-based Metro Fiber Networks.
Virginia Fortune 500 company agrees to $11B buyout
Herndon-based Fortune 500 company Beacon Roofing Supply has agreed to an $11 billion buyout by Connecticut software and professional services company QXO after previously rebuffing a slightly lower offer from the same suitor. The two businesses have entered into a definitive merger agreement with QXO purchasing the building supply company for $124.35 per share in […]
Google to buy cybersecurity firm Wiz for $32B in largest deal in company’s history
SAN FRANCISCO (AP) — Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant’s biggest-ever acquisition at the same time it’s facing a potential breakup of its internet empire. The proposed takeover announced Tuesday is part of Google’s aggressive expansion into cloud computing during an artificial intelligence boom. The [&hell[...]