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Central Virginia

Dec 23, 2020

Richmond pharma company makes leadership appointments

Richmond-based pharmaceutical company Kaléo announced Tuesday five executive leadership appointments and promotions. Joining Kaléo from Boston Scientific, where he served as the senior vice president of corporate compliance and privacy officer, Kevin Espinoza has been hired as chief compliance officer. He will oversee Kaléo’s operations. He has also previously worked with Forest Laboratories, Compliance Implementation […][...]

8090 Villa Park Drive. Photo courtesy Colliers
Dec 22, 2020

Boy Scouts’ Heart of Va. Council purchases $2.8M Henrico HQ

The Boy Scouts of America’s Heart of Virginia Council has purchased a $2.875 million office building in Henrico County as its new Richmond-area headquarters, Colliers International Virginia LLC announced Tuesday. The 26,290-square-foot office building at 8090 Villa Park Drive near the intersection of East Parham and Brook [...]

Dec 22, 2020

The Hilb Group announces 101st acquisition

Marking its 101st acquisition to date, Henrico County-based insurance company The Hilb Group LLC (THC) announced Tuesday it has acquired Williston Park, New York-based insurance agency Hiram Cohen & Son Inc. (HCS), effective Dec. 1. Financial details of the acquisition were not disclosed. A family company founded in 1919, HCS is still operated by founder […]

Dominion Energy completed construction on two massive wind turbines 27 miles off the coast of Virginia Beach in June 2020. (Photo by Beth Cooper)
Dec 18, 2020

Dominion files construction, operations plan for $7.8B offshore wind farm

Richmond-based Dominion Energy Inc. announced Friday it has filed the required construction and operations plan (COP) with the Bureau of Ocean Energy Management to build the utility’s proposed $7.8 billion, 2,640-megawatt Coastal Virginia Offshore Wind (CVOW) project. “This is an important step in the process toward [...]

Dec 18, 2020

Hilb Group announces third December acquisition

In its third acquisition announcement this week, Henrico County-based insurance company The Hilb Group LLC (THG) has acquired Lexington County, South Carolina-based employee benefits consulting, management and brokerage firm Plan Benefit Services Inc. (PBSI), effective Dec. 1. Financial details of the acquisition were not disclosed. Founded in 1986, PBSI provides employee benefits, retiree benefits, individual […][...]

13440-13460 Tredegar Lake Parkway. Photo courtesy Cushman & Wakefield | Thalhimer
Dec 17, 2020

Medical office building in Chesterfield sells for $1.825M

A medical office building in Chesterfield County sold for $1.825 million, Cushman & Wakefield | Thalhimer announced Tuesday. Located at 13440-13460 Tredegar Lake Parkway, the single-story, 9,992-square-foot building sits near the intersection of Route 288 and Powhite Parkway. Vascular Surgery Associates, which has six additi[...]

Dec 17, 2020

The Hilb Group makes second December acquisition

In its second acquisition announcement this week, Henrico County-based insurance company The Hilb Group LLC (THG) has acquired Montclair, New Jersey-based insurance and risk management brokerage William H. Connolly & Co. LLC (WHC), effective Dec. 1. Financial details of the acquisition were not disclosed. Founded in 1950 by William H. Connolly Sr., WHC was owned […]

Dec 15, 2020

Goodwill of Central and Coastal Va. receives $10M gift

Goodwill of Central and Coastal Virginia announced Tuesday it has received a $10 million grant from novelist MacKenzie Scott, who has donated more than $4.2 billion across 384 organizations during the past four months. Scott is the former wife of Amazon.com Inc. CEO Jeff Bezos.  The gift will help Goodwill provide job-readiness training to people […]

Dec 15, 2020

The Hilb Group acquires New York-based insurance company

Henrico County-based insurance company The Hilb Group LLC (THG) announced Tuesday it has acquired Auburn, New York-based insurance company Moran, Moran, & Dauphin Inc. (MMDI), effective Nov. 1. Financial details of the acquisition were not disclosed. Founded in 2006, MMDI provides property and casualty (P&C) insurance products. As part of the transaction, the MMDI leadership […]

Dec 14, 2020

Richmond extends deadline for second small business grant fund

The city of Richmond announced Monday it has extended the deadline for its Richmond Recovers II Grant Program through Dec. 18. The program will provide applicants with grants of $15,000 for COVID-19 pandemic relief and will be funded with $2 million from the city’s CARES Act appropriation. Small businesses other than restaurants, retail and beverage […]

Scott Beardsley. Photo courtesy Darden School of Business
Dec 14, 2020

U.Va. Darden’s Beardsley recognized as ‘Dean of the Year’ by Poets & Quants

The University of Virginia Darden School of Business announced Monday that Dean Scott Beardsley was named “Dean of the Year” by Poets & Quants, an online publication and forum dedicated to business schools. Poets & Quants recognized Beardsley’s flexible approach to the application process during the pandemic, as we[...]

Photo courtesy the Virginia Department of Health
Dec 11, 2020

Virginia leads nation in COVID-19 app use

Amid grim headlines related to the coronavirus, Virginia has one piece of bright news — the commonwealth leads the nation in the percentage of citizens who have downloaded a COVID-19 app to alert users about possible instances of exposure to the coronavirus. According to a Dec. 7 report from The New York Times, a higher [&hell[...]

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