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mergers and acquisitions

Clark Nexsen's headquarters in the Town Center of Virginia Beach. Photo courtesy Clark Nexsen.
May 27, 2025

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.

Mars announced plans to purchase Kellanova, whose products include Pringles, Eggo and Pop-Tarts, for $35.9 billion on Aug. 14, 2024. Image courtesy Kellanova
May 20, 2025

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. 

The five attorneys formerly with Frieden Seery Nuckols & Hahn are in the front row: Alan Frieden, Scott Seery, Carol Hahn, Lane Nuckols, and Mike Nuckols. Business support staff Kristen Berglund, Michelle O'Neal, Renee Williams, Lorinda Vincent, Barbara Jakimjuk, Colleen Reynolds and Lisa Pesquera are in the back row. Photo Courtesy Sands Anderson
May 1, 2025

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.

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May 1, 2025

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.

a multi-beam, multi-band ground terminal on a production floor
May 1, 2025

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.

Photo of a blue tractor trailer with the name Beacon emblazed on the side door.
Apr 29, 2025

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.

fiber optics
Apr 25, 2025

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.

Photo of a blue tractor trailer with the name Beacon emblazed on the side door.
Mar 20, 2025

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
Mar 18, 2025

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[...]

Blackstone completes Jersey Mike’s Subs acquisition
Mar 13, 2025

Blackstone completes Jersey Mike’s Subs acquisition

A spokesperson for Manasquan, New Jersey-based sandwich chain Jersey Mike’s Subs told NJBIZ that Blackstone completed its acquisition of a majority stake in the company Jan. 16. They added the terms of the deal remain unchanged from the private equity behemoth’s November 2024 announcement. Blackstone did not immediately respond to a request for more information. […]

Hitt acquires Central Consulting & Contracting
Mar 12, 2025

Hitt acquires Central Consulting & Contracting

National commercial general contractor Hitt announced Tuesday that it has acquired health care construction firm Central Consulting & Contracting. Headquartered in Falls Church, Hitt Contracting provides commercial construction services throughout the country, including complex core and shell buildings, renovations, interior fit-outs and routine service work.  The company has 14 office locati[...]

Leadership: The Virginia Power 50 List
Mar 10, 2025

Beacon Roofing is target of $11B acquisition bid

Herndon-based Fortune 500 company Beacon Roofing Supply is in discussions to be acquired by Connecticut software and tech services company QXO in a deal valued at about $11 billion. “It’s not a done deal yet, but we’re in friendly discussions,” Joe Checkler, a spokesperson for QXO, said of the move to acquire Beacon, a roofing […]

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