A Northern Virginia man faces a maximum sentence of 30 years after inflating tax figures for large clients to boost his own bonuses.
Tax service firm’s former principal pleads guilty to $20M scheme
Michael Schwartz
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
DealFlow: Investment banking roundup for Aug. 26, 2015
A busy month of deals with closings from Matrix Capital, Cary Street Partners, Harris Williams and others. And a local insurance brokerage sealed another acquisition, while an investment banking firm sold off part of its company.
Bike race brings big contract to local firm
The massive cycling championship event is rolling into town in less than a month, and with it comes big opportunities for local companies to put their name on display.
Accounting firm buys out Innsbrook HQ
In a $6.2 million deal that gave its partners a chance to grab some real estate equity, an accounting firm has fully taken over its Innsbrook headquarters building.
Bank exec switches teams
The former Richmond CEO of SunTrust is jumping back into bigger business after a few years with a smaller local bank, and her position is aimed at growing her new company’s presence in Virginia.
Bank moves for first local branch
A Rhode Island bank has applied to open its first branch in the local market – but the new location will be aimed at the company’s 600 local employees.
Biotech firm maneuvers for better spot on stock market
With a recent capital raise giving a $13 million cushion, a downtown bioscience company completed a 1-for-50 reverse stock split in hopes of moving up in the stock market ranks and drawing more funding for clinical trials.
Accounting firm adds on another acquisition
One of Richmond’s largest accounting firms has bought another office from a large competitor, bolstering its presence in the D.C. market and its employee roster.
Investment firm launches $35 million fund
A private equity company with a hand in several major commercial real estate projects is already filling its next fund more than $26 million in investments so far.
Bank lures new CEO from retirement
For its new CEO, a Midlothian bank turned to the retired former chief of StellarOne, whose long banking career has included several large M&A deals.