In the midst of its $28 million expansion into Goochland, a local brewery is heading farther west and opening its own Wahoo-country watering hole. Hardywood Park Craft Brewery announced plans Tuesday for a brewery and tap room in Charlottesville, in a move that will take the fast-growing beer making beyond a distribution deal it cut… Read more »
A giant of the Richmond medical market has a new top boss. Bon Secours on Monday named Toni Ardabell as the new CEO of Bon Secours Virginia, a territory that includes eight hospitals in Richmond and Hampton Roads. Her new position, which will begin May 1, fills a spot left vacant by Peter Bernard, who… Read more »
After making its presence in Richmond felt in a big way on Patterson Avenue last year, a bank from Kilmarnock has a slightly less visible spot in mind for its next local branch. Chesapeake Bank, a $692 million institution that entered the Richmond market about five years ago, is opening a location in Lakewood, a… Read more »
Chris Williams – the “Williams” of Richmond investment banking firm Harris Williams & Co. – left the downtown company late last year and has quietly taken on a new position with a well-known firm out of Chicago. Williams is now with BDT & Co., a powerful, yet discreet, financial firm that describes itself as a merchant bank,… Read more »
April Fool’s Day was no joke for Bob Hilb. His company, the rapidly expanding insurance brokerage called the Hilb Group, closed on two acquisitions of out-of-town insurance agencies on April 1 as part of its deal-making streak that’s run nonstop for five years. Its purchase this month of New Jersey-based P.A. Post Agency and New… Read more »
A popular Carytown retailer’s turf battle over the word “need” has come to an end and the competitor it sued for trademark infringement has rebranded. Need Supply Co., through its NSCO LLC, last month voluntarily dismissed its lawsuit against Dallas, Texas-based Need LLC after the two sides reached a settlement. While terms of the resolution… Read more »
The developers of a 75-acre mixed-use project in Short Pump have tied down another tenant. Starbucks finalized a lease last week to take 2,000 square feet in Markel | Eagle’s GreenGate development, which is taking shape along West Broad Street, just west of Short Pump Town Center. The coffee shop’s building is being designed by… Read more »
Richmond’s stone king is chiseling off some weight. The Luck Companies, a Goochland-based firm known for its quarries and stone yards, is selling two of its four business divisions as it looks to streamline its operations. The company confirmed this week that its Har-Tru Sports and Luck Stone Center units are in the process of… Read more »
Matrix Capital Markets Group Matrix served as exclusive financial advisor to Next Generation Children’s Centers in its sale to Cadence Education, Scottsdale, Arizona-based portfolio company of Audax Group. David Keys, David Endom and Brady Hill worked the deal for Matrix. Deal value: not disclosed Deal announced: Feb. 23 Marriott & Co. Marriott & Co. was… Read more »
As the springtime lawyer migration continues, a large international law firm has made its first push into Richmond after luring a team of attorneys from Hunton & Williams. Vinson & Elkins, a firm with 650 attorneys in 15 offices around the world, has set up shop downtown with attorneys Daniel LeBey and Chris Mangin, who bring… Read more »
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