A local bank raises capital and hires a new accounting firm. An executive cashes out on a $3M stock option. A Mechanicsville firm closes a $207M deal. And a local armored car giant cuts a deal in South America.
Michael Schwartz
NC bank sets up first branch on Patterson Ave.
The banking market is getting even hotter along the Libbie and Patterson retail stretch as another out-of-town bank is planting its flag in the neighborhood.
Builder looks to foreclose, take lead at Roseland
A creditor on the long-delayed development in Midlothian wants to foreclose on its 30-acre share and hopes to get the project moving again.
The National's owners bow out
The downtown concert venue was sold last week for $6.7 million as some of its owners settled a nearly year-long court dispute.
Inside the RVA 25
This year’s list of the 25 fastest-growing Richmond companies includes IT, marketing, frozen yogurt, insurance and pet supply companies, topped by a firm with an average annual revenue growth rate of more than 14,000 percent.
Downtown lawyers move to Libbie
A local law firm is leaving its downtown view for more space near Willow Lawn.
Owens & Minor books second European deal
The local Fortune 500 is acquiring an Ireland-based surgical supply company, further increasing its presence in Europe.
Trading Day: Local SEC filings for 9.25.14
A local firm speaks out after its mysteriously drops. A CEO sells $1M worth of shares. And a downtown company strikes a deal with a dozen TV stations.
Bowling company strikes $270M deal
Mechanicsville-based Bowlmor AMF completed a $270 million acquisition of the bowling alley operations of Brunswick Corp. last week.
Apple REIT fund rakes in $1 billion
The downtown real estate firm recently closed its last open fund and has used the cash to pack its portfolio with new hotels and a stake in an energy company.