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Avantus Federal acquires Reston-based software company
Avantus Federal, a McLean-based IT defense contractor and NewSpring Holdings company, has acquired Reston-based software company Occam’s Razor Technologies LLC, it announced Thursday. Financial details of the transaction were not disclosed. Avantus CEO Andy Maner said in a statement, “For more than 10 years, Occam’[...]
ASGN buys Reston’s IndraSoft
Henrico County-based Fortune 1000 professional services company ASGN Inc. has acquired Reston-based software company IndraSoft Inc., it announced Friday. IndraSoft’s 220 consultants will join the Missions Solutions business unit at ECS, ASGN’s Fairfax-based federal contracting subsidiary. Acquired by ASGN in 2018, EC[...]
TowneBank acquires Tennessee cabin rental company
Suffolk-based TowneBank acquired Tennessee-based vacation property rental company Venture Resorts Inc. on July 1, the bank announced Monday. Financial details of the transaction were not disclosed. “This is an exciting development for Towne Vacations,” Brian Skinner, president and CEO of Towne Financial Services Group, the d[...]
Ashburn-based Telos Corp. names new CFO
Ashburn-based cybersecurity firm Telos Corp. has appointed Mark Bendza as executive vice president and chief financial officer, the company announced Monday. Bendza was previously the vice president of investor relations at software industrial company Honeywell International Inc. He holds a bachelor’s degree from Wesleyan [...]
Richmond snack company investing $16.5M in Henrico facility
Richmond-based specialty snack supplier Red River Foods Group Inc. will invest $16.5 million to establish a warehouse and processing facility in Henrico County, creating 60 jobs, Virginia Gov. Ralph Northam announced Monday. Virginia competed with Maryland, New Jersey and Pennsylvania for the project. The center will process tre[...]
Northam appoints members to newly created cannabis boards
Virginia Gov. Ralph Northam has appointed members to three newly created oversight boards for the legalization of recreational marijuana, his office announced today. On July 1, Virginia’s adult-use cannabis legislation changes began going into effect. This year, the General Assembly legalized possession of up to one ounce [...]
Breeden Co. names three new executives
The Breeden Co., the Virginia Beach-based real estate firm, announced last week it has promoted two people to become vice presidents, as well as hiring a third person as a vice president. Brenda Karp, currently vice president of Breeden Realty, has been promoted to vice president of business development for the entire company, effective Oct. […]
Newport News hotel sold for $5.3 million
The Comfort Inn hotel at Newport News’ Patrick Henry Mall has been sold for $5.3 million, Grand Bay Advisors announced earlier in July. The 123-room property will still be operated as a Comfort Inn. Virginia Beach-based Omaarav Hospitality purchased the property from Landmark Hotel Group, which is also based in Virginia Beach. Grand Bay Advisors, […]
Accenture Federal Services hires infrastructure cyber lead
Arlington-based Accenture Federal Services announced Wednesday that it has hired Rick Driggers as its critical infrastructure cyber lead, a role in which he will help develop cybersecurity solutions to protect critical infrastructure. Driggers, who has already started in his new role, was the assistant director for the Integrate[...]
Henrico County retail center sells for $8.3M
Ice Zone Shops near downtown Short Pump in western Henrico County has sold for $8.32 million, Cushman & Wakefield | Thalhimer announced Thursday. Florida-based Advanced Properties Ltd. purchased the 62,657-square-foot building from Colony Lake LLC. Catharine Spangler, Connie Jordan Nielsen and Nicki Jassy handled the sale. T[...]
Booz Allen Hamilton hires senior VP to lead AI practice for DOD
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. has hired Matt Tarascio as a senior vice president in its Strategic Innovation Group, it announced Wednesday. Tarascio will lead the analytics and artificial intelligence business to support the Department of Defense. Tarascio was previously L[...]
Intrepid Solutions acquires defense contractor Darkblade Systems
Herndon-based intelligence contractor Intrepid Solutions and Services LLC has acquired Darkblade Systems Corp., a Winchester-based federal defense contractor, it announced Wednesday. Financial details of the transaction were not disclosed. Intrepid CEO Ryan Hebert said in a statement: “Welcoming Darkblade Systems into the Intr[...]
