Sign In
Free Newsletter
Estes Express Lines, family commit $2M to Children’s Hospital of Richmond at VCU
The Children’s Hospital Foundation announced Wednesday that Richmond-based Estes Express Lines donated $150,000 — with another $1.85 million committed from the Estes family — to support the construction of the Wonder Tower at the Children’s Hospital of Richmond at VCU. The 16-story Wonder Tower will be home to the Childr[...]
PBMares names new CEO
Newport News-based accounting and consulting firm PBMares LLP announced Tuesday that Harvey L. Johnson has been promoted as CEO, effective Jan. 1. Johnson, a partner and cybersecurity and control risk services practice leader, will serve as the company’s second CEO in the firm’s 58-year history. He succeeds Alan S. Witt, who[...]
Norfolk company buys Michigan-based retail data firm
Trader Interactive, a Norfolk-based vehicle and commercial equipment dealer services company, announced Tuesday it has acquired Grand Rapids, Michigan-based retail data firm Statistical Surveys Inc. (SSI). Financial terms of the acquisition were not disclosed. Trader Interactive specializes in digital marketing for vehicle and commercial equipment companies, while SSI provides retail market share data for the […][...]
Falls Church firm buys Silicon Valley company
Falls Church-based association advisory firm Advancea LLC announced Tuesday it has acquired Arroyo Grande, California-based Group Purchasing Solutions (GPS). Financial terms of the acquisition were not disclosed. Founded in 2008, GPS specializes in affinity programs serving mid-sized businesses. Affinity programs are partnerships between nonprofits and businesses in which a business may offer exclusive products or […][...]
Microsoft leases space in Arlington’s Commonwealth Tower
Microsoft Corp. will open a sales headquarters in Arlington, expanding its presence in Northern Virginia, the tech giant’s president of U.S. regulated industries, Toni Townes-Whitley, announced Tuesday. Microsoft — which announced in May 2020 that it would invest $64 million to expand in Reston Town Center in western Fairfax[...]
National Landing to see $4B in transportation investment during next decade
A report released by the National Landing Business Improvement District (BID) on Tuesday details $4 billion worth of area transportation projects that will be underway during the next decade. The National Landing area includes Arlington’s Crystal City (where e-commerce giant Amazon.com Inc. is establishing its $2.5 billion East Coast HQ2 headquarters), Pentagon City and Potomac […]
HII acquires unmanned systems business
Newport News-based Huntington Ingalls Industries (HII) announced Monday it has acquired Virginia Beach-based Spatial Integrated Systems Inc.’s (SIS) autonomy business. Financial terms of the transaction were not disclosed, but the acquisition expands HII’s unmanned systems capabilities, according to a company statement. Appr[...]
Chesapeake gas, diesel sales company names new president, CEO
Chesapeake-based natural gas and diesel engine sales company Bay Diesel announced last week it has named Willard “Rob” Robins as president and Scott Wheeler, current president and founder, as CEO. This marks the first time since its 1982 inception that Bay Diesel has a new president. Robins joined the company in 2003 as a sa[...]
Herndon company acquires N.Y.-based IT firm
Herndon-based IT assets selling and financing company ePlus Inc. announced Monday it has acquired Rochester, New York-based System Management and Planning Inc. (SMP), an information technology company that provides services in New York and the Northeast. Terms of the acquisition were not disclosed, but the transaction will increase ePlus’ regional footprint. “Acquiring SMP strengthens our […][...]
Politico to acquire E&E News
Arlington-based political and policy-focused news organization Politico announced last week it will acquire energy and environment news organization E&E News. Terms of the acquisition were not disclosed, but the purchase will add energy and environmental coverage, according to a company statement. The E&E Brand will remain intact. “We are doubling down on our policy coverage […]
Qatar Investment Authority invests $125M in Arlington company
Arlington-based energy storage provider Fluence announced last week that the Qatar Investment Authority (QIA) will invest $125 million in the company. Fluence is a joint venture of Arlington-based energy company AES Corp. and industrial manufacturing giant Siemens. The company will use the investment to develop digital products and deploy existing products to additional global markets. […]
Virginia sees record daily COVID-19 rises
Just after surpassing more than 5,000 coronavirus-related deaths, Virginia hit its highest daily average of new COVID-19 cases for the third day in a row. As of Monday, the state’s seven-day average of new cases stands at a record high of 4,480. On Saturday, Jan. 2, the average was 4,168; on Sunday, Jan. 3, the […]
