The 12-year-old payment processing firm acquired two companies, including one in Australia. The deal gives it greater access to international markets.
Chesterfield-based Paymerang acquires two companies to fuel growth
Jack Jacobs
Jack joined BizSense in 2020, covering startups, retail, healthcare, public companies and nonprofits. He previously reported for the Virginia Gazette and Tidewater Review. He is a graduate of Christopher Newport University. Reach him at [email protected] or 804-554-6545.
National childcare chains expand in western Henrico and Mechanicsville
The Nest Schools has entered the Richmond-area market with a school in Mechanicsville, while a new location of The Goddard School has opened at Regency mall.
Nothing Bundt Cakes added to the mix at Carytown Exchange
With construction complete, the 120,000-square-foot retail development at Carytown’s western edge has added three more tenants, including the Texas-based cake shop chain, a yoga studio and a women’s clothing store.
Demand prompts Sheltering Arms to expand 3-year-old West Creek rehab hospital
Though it just opened in 2020, Sheltering Arms is already looking to add more beds to its $95 million Sheltering Arms Institute in West Creek.
Mom-focused yoga studio opens in Gayton Crossing
Whole Heart Space caters to women who are pregnant or recently gave birth and their families.
Pharma company Phlow gets $36M capital injection
After expanding its lab footprint in Richmond, the company also has expanded its war chest with an eight-figure capital raise.
Tax relief and employee pay hikes included in Chesterfield’s newly adopted FY24 budget
The Chesterfield Board of Supervisors on Wednesday voted to approve a $1.9 billion budget for fiscal year 2024. The budget is a 9.4 percent increase over the current budget.
Chesterfield’s Uptown Alley scoops up site for new Williamsburg location
The company paid $4 million to purchase the 64,000-square-foot former Yankee Candle building, where it plans to open a location featuring bowling, an arcade, duckpin bowling and a restaurant.
Indoor farming startup harvests $8M in fresh capital
Scott’s Addition-based Babylon Micro-Farms has new funding to continue the growth of its hydroponic vertical farming systems to other businesses.
Coworking space opens in Union Hill
“I had been working out of my house since 2020. I have a three-year-old. There are dishes everywhere, toys everywhere, laundry. I knew I definitely was not the only person in the neighborhood going through that.”