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Youngkin sworn in as Virginia’s 74th governor
Republican promotes unity, agenda at inauguration
RICHMOND, Va. — Republican Glenn Youngkin was sworn in Saturday as Virginia’s 74th governor on the steps of the state Capitol. The political newcomer and former private equity executive is the commonwealth’s first Republican governor since Bob McDonnell, who took office in 2010. The commonwealth also made history in electing Republicans Winsome Sears as lieutenant
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Consumer Technology Association: “CES will and must go on”
Amid rising COVID rates, big companies are exiting Arlington group's annual tech show
Published
The Arlington-based Consumer Technology Association (CTA) is moving forward with its CES consumer technology trade show in Las Vegas in January, despite cancelations from big exhibitors and the surge of COVID-19 cases fueled by the omicron variant. Formerly known as the Consumer Electronics Show, CES typically draws thousands of exhibitors and more than 150,000 attendees.
Radford University chooses new president
Bret S. Danilowicz is provost at Florida Atlantic University
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Radford University’s eighth president will be Bret S. Danilowicz, who’s currently serving as the provost and vice president for academic affairs at Florida Atlantic University in Boca Raton, Florida. Danilowicz, who starts his tenure at Radford on July 1, 2022, succeeds Brian O. Hemphill, who left in June to become president of Old Dominion University
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Brown Edwards acquires Mitchell Wiggins
Roanoke accounting firm now has more than 400 workers
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Roanoke-based accounting firm Brown Edwards LLP acquired tax, audit and business consulting firm Mitchell Wiggins on Nov. 1. With offices in metro Richmond and the Petersburg/Tri-Cities areas, Mitchell Wiggins will bring six partners and 47 team members to Brown Edwards. Brown Edwards will have an office in the former Mitchell Wiggins space in Richmond, with
Siemens Gamesa to build first U.S. offshore wind blade factory in Portsmouth
Spanish company to invest $200M, create 310 jobs
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Siemens Gamesa Renewable Energy S.A., a Spanish wind turbine company, will invest $200 million to build the first U.S. offshore wind turbine blade manufacturing facility in Portsmouth, creating 310 jobs, Virginia Gov. Ralph Northam announced Monday from the Port of Virginia’s Portsmouth Marine Terminal. Siemens Gamesa is a partner in Dominion Energy’s 2.6-gigawatt, $7.8 billion
Amentum to acquire PAE for $1.9B
All-cash deal for Falls Church contractor expected to close in Q1 2022
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Falls Church-based government contractor PAE Inc. (Pacific Architects and Engineers) has agreed to be acquired by an affiliate of Germantown, Maryland, aerospace defense contractor Amentum in a $1.9 billion all-cash deal. The transaction is expected to close by the end of the first quarter of 2022, at which time PAE will become a wholly owned
Mary Baldwin alum makes $12.5M gift
Paula Lambert founded Mozzarella Co. in Dallas
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A 1965 alumna of Mary Baldwin University has given her alma mater $12.5 million, which will mainly go toward unrestricted support of the private university in Staunton, MBU announced Wednesday. Paula Stephens Lambert, a Dallas resident who founded Mozzarella Co. in 1982 and introduced many European handmade cheeses to the United States market on a
Ellucian acquisition deal closes
Reston higher ed tech company bought by private equity firms
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The acquisition of Reston-based higher education software company Ellucian by investment firms Blackstone and Vista Equity Partners has been completed, the companies announced Wednesday. Financial terms of the deal were not disclosed. New York-based Blackstone and Texas-based Vista Equity acquired Ellucian from Texas-based TPG Capital and Los Angeles-based Leonard Green & Partners. “Today marks an
The Hilb Group acquires Medicare-focused firm, six Va. companies
Henrico County insurance company adds to its more than 100 acquisitions
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Henrico-County based insurance company The Hilb Group LLC finalized its acquisition of Health Quote of Rhode Island Inc. on July 1, it announced Tuesday. Financial terms of the transaction were not disclosed. Health Quote specializes in Medicare offerings, and its clientele will join THG’s Medicare practice. THG CEO Ricky Spiro said in a statement, “Our
Diversity Leadership Series: Ron Carey and Brian Robertson
Co-sponsored by Virginia Business and Bank of America
Published
Brought to you by Virginia Business and Bank of America, join us every other month for the Diversity Leadership Series — virtual fireside chats with a diverse group of Virginia business leaders sharing their insights and thoughts on leadership, their career paths, and diversity and equity. Our series kicked off on July 20 with Brian