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Building blocks
Manufacturing, pharma lead area deals
If you ask economic development officials in Central Virginia about 2022, they might respond with a familiar slogan: “Everything is awesome.” With almost 5,000 announced jobs and $1.6 billion in
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Arko CFO to retire this year
Don Bassell to remain until successor in place
Published
Arko Corp. Chief Financial Officer Don Bassell will retire by the end of 2023, the Fortune 500 holding company for Henrico County-based convenience store chain GPM Investments LLC announced Tuesday.
Hilb Group acquires Ga. insurance agency
Henrico firm buys Gillman Insurance Problem Solvers
Published
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it had acquired Georgia-based Gillman Insurance Problem Solvers. Financial terms of the acquisition, which became effective Dec. 1, were not
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Arko closes Pride convenience stores deal
Acquisition brings Arko to Massachusetts
Published
Arko Corp., a Fortune 500 holding company for Henrico County-based convenience store chain GPM Investments LLC, has closed on its acquisition of Pride Convenience Holdings LLC, which operates 30 Pride
Arko to buy Uncle’s convenience stores for $140M
Acquisition is fourth in 2022
Published
Arko Corp., a Fortune 500 holding company for Henrico County-based convenience store chain GPM Investments LLC, announced Wednesday it has agreed to acquire the retail, wholesale and fleet fueling assets
Henrico aims to become coastal internet hub
Published
Henrico isn’t the new Ashburn, but the county does have 18% of the East Coast’s internet traffic coursing through it. That’s a product of QTS Data Centers’ network access point
Exceeding expectations
Richmond region notches big deals
Published
In the greater Richmond region, local economic development authorities have been hard at work landing new business and securing expansions, and this year those efforts bore fruit, they say. In
Exclusive: Capital Square adds co-CEO
Whitson Huffman to co-lead real estate company with Louis Rogers
Published
Glen Allen-based real estate company Capital Square has promoted Whitson Huffman to co-CEO, the developer and sponsor of tax-advantaged real estate investments announced Monday. Huffman, 33, will co-lead the company
Va. officials woo chip manufacturers
Billions at stake in hunt to lure semiconductor makers
Published
U.S. Sen. Mark Warner and state and local economic development officials are vying to attract semiconductor chip manufacturing facilities to four Virginia industrial sites as the commonwealth gears up to
ASGN acquires Mass. IT company for $350M
GlideFast is ServiceNow platform partner
Published
Henrico County-based IT and professional services provider ASGN Inc. announced last week that it has finalized its previously announced $350 million cash acquisition of GlideFast Consulting LLC. Founded in 2015,