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Finance | Insurance 2023: JERMAINE JOHNSON
Johnson has led Virginia and Washington, D.C., metro area operations for Pittsburgh-based PNC Financial Services Group Inc. since August 2020, 15 years after he joined the bank. A graduate of James Madison University, Johnson has more than two decades of experience in the banking industry. Before coming to PNC, he worked in portfolio management and […]
Finance | Insurance 2023: CECILIA A. HODGES
Hodges was promoted to her current post in 2018, after serving as market president for Central and Southern Virginia and real estate banking group vice president. Based in Vienna, she manages teams in more than 60 branches in Virginia and the D.C. metro area. A 35-year banking professional who was managing director of Provident Bank […]
Finance | Insurance 2023: JEFF GRINSPOON
Grinspoon co-founded VWG Wealth Management with John Verfurth and Richard Weeks after leaving his position as senior vice president at Morgan Stanley in 2011. A registered investment adviser, VWG partners with aggregator Hightower Advisors, which manages back-end functions such as regulatory compliance and technology. As of 2022, VWG had more than $2 billion in assets […]
Vienna digital development firm acquires health tech company
Vienna-based digital development company 10Pearls has acquired Inspirant Group, a health care strategy consulting firm based just outside Chicago, 10Pearls announced Monday. Financial terms of the transaction were not disclosed. “We are delighted to welcome Inspirant Group to our team at 10Pearls. … The combination of our two teams will allow us to partner with […]
July NoVa home sales drop 29% from 2021
As price growth slowed and inventory increased slightly, Northern Virginia housing sales dropped 28.8% in July compared with last year, according to a Northern Virginia Association of Realtors report published Friday. “More options are available to homebuyers now that the market is calming. It remains a seller’s market, but the feeding frenzy has subsided somewhat,” […]
EY names eight Virginians mid-Atlantic entrepreneurs of year
Eight leaders from six Virginia businesses have been named winners of Ernst & Young LLP’s Mid-Atlantic Entrepreneur of the Year Award for 2022. The winners, named in early July by the Big Four multinational professional services company, include: 10Pearls | Imran Aftab, co-founder and CEO, Vienna Aireon LLC | Don Thoma, founder and CEO, McLean ID.me […]
Vienna tech company acquires Colorado software engineering company
Vienna-based cybersecurity and IT company Criterion Systems Inc. acquired Colorado-based government contractor SAGE Black Consulting and Contracting LLC, the company announced Sept. 28. Financial details of the transaction were not disclosed. SAGE Black provides software engineering services to the geospatial intelligence, space and cyber industries, with an artificial intelligence/machine learnin[...]
Middleburg Communities names chief economist
Vienna-based real estate company Middleburg Communities has named Brad Case as chief economist and director of research, it announced Thursday. Case will provide analysis for buying, selling, developing and market focus tactical decisions. “Brad Case is one of the most respected economists in commercial real estate, and we are very excited to have him join […]
Criterion Systems acquires Protas Solutions
Vienna-based Criterion Systems Inc. has acquired Reston-based Protas Solutions Inc., a government contractor providing data science, software engineering and management consulting services to the intelligence community. Financial terms of the deal were not publicly disclosed. Protas will operate as a wholly-owned subsidiary of Criterion, a federal contractor specializing in cybersecurity and IT [...]
Vienna-based Spire Global to buy Canadian company for $161.2M
Vienna-based space-focused data and analytics company Spire Global Inc. has entered into a $161.2 million deal to purchase exactEarth Ltd., a Canadian maritime data provider, the two companies announced Tuesday. Spire, which is set to close on the cash and stock purchase late this year or in early 2022, will operate Ontario-based exactEarth as a […]
Vienna defense contractor wins $600M DISA contract
Vienna-based defense contractor Trace Systems Inc. won a contract worth up to $600 million from the Defense Information Systems Agency to support U.S. Air Forces Central Command (USAFCENT), the Department of Defense announced Friday. Under the single-award, indefinite-delivery, indefinite-quantity contract, Trace will acquire, integrate, install, operate and maintain communications systems to supp[...]
Tigercomm to acquire Florida clean energy PR firm
Vienna-based Tigercomm, a clean energy-focused public relations firm, is acquiring Tampa, Florida-based Chase Media Services LLC, in a deal that is expected to be completed by Nov. 1. Mike Casey, the Tigercomm founder and president, said the acquisition will help Tigercomm meet growing demand from clean economy sectors. “This acquisition is a strong fit with […]
