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YHB to acquire Md. accounting firm
Winchester firm's acquisition of Glass Jacobson closes July 1
Winchester-based accounting and consulting firm Yount, Hyde and Barbour (YHB) will acquire Maryland-based firm Glass Jacobson PA on July 1. Financial details of the transaction were not disclosed in Wednesday’s announcement. “We are excited to welcome the Glass Jacobson team to the YHB family,” YHB Managing Partner Scott Moulden said in a statement. “We expect
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Something in the Water officially heads to D.C.
Pharrell pulled festival from Va. Beach last fall
Published
Music superstar and Virginia Beach native Pharrell Williams announced Tuesday that his signature three-day music festival, Something in the Water, will be held in June in Washington, D.C., making its departure from Virginia Beach official. Scheduled for June 17-19 on Independence Avenue, the three-day festival includes a long list of pop and hip-hop artists, including
Washington Gas gifts Virginia Tech $430,000 for STEM education
Partnership to support 10 high school courses in Northern Virginia
Published
Washington Gas gifted Virginia Tech $430,000 to help increase pathways into higher education in STEM disciplines, the university announced Monday. “Washington Gas is honored to partner with Virginia Tech and promote STEM education across the commonwealth of Virginia. Together, our program will help shape future generations of students and workers exploring energy in school studies
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Dominion Energy to sell W.Va. utility for $690M
Ullico Inc. to integrate natural gas utility into infrastructure business
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Dominion Energy Inc. announced Friday it had signed a definitive agreement to sell its West Virginia natural gas utility to Washington, D.C.-based financial services company Ullico Inc.’s infrastructure business for $690 million. The sale of Hope Gas Inc., also known as Dominion Energy West Virginia (DEWV), is expected to close later this year. “For nearly
Amazon provides $21M to create real estate developers of color program
Capital Impact Partners used grant to make Housing Equity Accelerator Fellowship
Published
Amazon.com Inc. announced Wednesday a $21 million grant to create a professional training, mentorship and capital funding program for real estate developers of color focused on affordable housing. “With this accelerator program, we are laser focused on lifting up emerging real estate developers of color. We want to foster their professional growth through education and
The Carlyle Group to acquire CNSI
Purchase of McLean-based health care tech company to close this month
Published
Washington, D.C.-based private equity firm The Carlyle Group announced Thursday that affiliated funds under its management have agreed to acquire McLean-based health information technology provider CNSI. Financial terms of the transaction, which is expected to close in December, were not disclosed. Greenwich, Connecticut-based firm Alvarez & Marsal Capital Partners currently owns CNSI. “We believe CNSI
ManTech to acquire D.C. tech firm for $350M
Transaction to close by end year
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Herndon-based tech contractor ManTech International Corp. announced Monday that it has signed a definitive agreement to acquire Washington, D.C.-based Gryphon Technologies from Boca Raton, Florida-based AE Industrial Partners for $350 million. Gryphon Technologies provides digital and systems engineering capabilities for U.S. Department of Defense agencies, including predictive analytics, data science and cloud engineering. “This acquisition
Tamika Tremaglio leaving Deloitte to head NBA players union
Tremaglio has served as adviser, consultant to NBPA since 2012
Published
Tamika L. Tremaglio is leaving her post as Deloitte’s Greater Washington managing principal to be the executive director of the National Basketball Players Association (NBPA) union at the end of this year. “I’ve worked with some of the brightest business and legal minds in the world,” she said in a statement. “I’ve broken barriers, challenged
Va. hotels expect $1.5B loss in 2021 biz travel
Nationwide business travel revenue expected to be down 66%
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The Virginia hotel industry expects to take a $1.5 billion loss this year stemming from sharply reduced business travel — 63.5% below pre-pandemic revenue levels, according to projections released Wednesday by the American Hotel & Lodging Association. Business travel is expected to generate about $864.5 million for hotels in Virginia for the 2021 calendar year,
Inova Fairfax Medical Campus captures No.1 state ranking
U.S. News and World Report releases 2021-22 Best Hospitals rankings
Published
Inova Fairfax Medical Campus unseated University of Virginia Medical Center as the best hospital in Virginia in U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. The Inova facility was also ranked as the top hospital in the Washington, D.C. area. “We are extraordinarily proud to