Atlantic Union Bank sells Fredericksburg building for $3.575M
Atlantic Union Bank sold one of its Fredericksburg office buildings for $3.575 million but will continue occupying the first floor, leasing it from the new owner, Cushman & Wakefield | Thalhimer announced this week. The 21,594-square-foot property located at 4805 Lassen Lane in Spotsylvania County is situated on approximately 2.24 acres located directly off U.S. […]
Reston software company names VP of customer success
Reston-based marketing software company Triblio named Acacia Waller as its vice president of customer success, the company announced Thursday. Triblio is the developer of an account-based marketing platform designed to orchestrate marketing and sales campaigns, provide audience management (account leads), track sales activity, p[...]
Tysons insurance broker Ames & Gough promotes three execs
Ames & Gough Insurance Risk Management Inc. CEO Dan Knise will also serve as the chair of the Tysons-based insurance broker, which announced Tuesday that it was also promoting two senior executives to leadership positions. As chair and CEO, Knise will focus on the firm’s strategy and initiatives and will mentor new emp[...]
Reston IT provider 1901 Group names executive VP
Reston-based IT service provider 1901 Group LLC has named George Batsakis as its executive vice president and chief strategy officer, the company announced Tuesday. Batsakis will lead the company’s overall strategy planning and development, executive management, operations, new business development, emerging technology and[...]
Fairfax-based ICF to acquire cloud services provider for $255M
Fairfax-based consulting and technology services provider ICF International Inc. plans to acquire Arlington-based cloud services provider Incentive Technology Group LLC (ITG) for $255 million, ICF announced Tuesday. The closing of the transaction is subject to approval and is expected to occur in the first quarter. “IT modernization and cloud together is estimated to be approximately […][...]
CoreMedia AG appoints chief revenue officer
Content management systems developer CoreMedia AG has promoted Jim Stirewalt to chief revenue officer, the company announced Monday. Stirewalt most recently was CoreMedia’s senior vice president and general manager of the Americas. He has also held leadership roles at software companies including SAP and IBM. Stirewalt wil[...]
Samsung Electronics acquires Chantilly tech firm
Samsung Electronics has acquired Chantilly-based network services provider TeleWorld Solutions (TWS), Samsung announced Monday. Financial terms of the deal were not disclosed. TWS, a privately-owned company, will operate as a wholly-owned subsidiary of Samsung Electronics America Inc. Samsung will continue to offer TWS services such as network design, installation, testing and optimization. TWS leadership will […][...]
SAIC nets $727M Air Force contract
Reston-based information technology company Science Applications International Corp. (SAIC) received a $727 million contract from the U.S. Air Force that will move mission applications for the Air Force and Army to the cloud, SAIC announced Friday. SAIC was founded in 2013 and provides systems engineering, cloud migration, analytics, simulation, training and other IT services to […]
Reston-based Ellucian names chief product officer
Reston-based higher education software company Ellucian has named Stephen Laster as its chief product officer, the company announced Friday. Ellucian provides products for higher education such as student information systems, data analytics tools and graduation-tracking platforms for more than 2,700 customers. Laster will lead p[...]
Advantia Health receives $45M investment
Arlington-based Advantia Health, which facilitates women’s health care services via its online platform, announced Friday that it received a $45 million investment from New York City-based investment management company BlueMountain Capital Management. Advantia connects customers to OB-GYN, primary care, mental wellness and specialist care providers. The company will use the investment to hire more providers, […][...]
Segall Group names principal and COO
Rich Sutphin was named as principal and chief operating officer for Segall Group Commercial Real Estate, the company announced Friday. Segall is based in Baltimore, Maryland, but has an office in Arlington’s Rosslyn neighborhood where Sutphin is based. As principal and COO, he will oversee the firm’s sales, leasing, [...]
McLean software company acquires Richmond firm
McLean-based software company KLDiscovery Inc. has completed its 12th acquisition in seven years, buying Richmond-based legal services company Superior Document Services (SDS), KLDiscovery announced Thursday. Financial terms of the deal were not disclosed. SDS was founded in 1998 by Kriss Wilson and Renee Covington. The company provides litigation copying, scanning and database hosting to legal […][...]