With its $12M financing deal approved in court, bankrupt Health Diagnostic Laboratory is looking ahead to the looming auction of its business and assets.
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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.
Snowboarders chase apparel startup success
A nickname for a group of snowboarders has given rise to a new apparel startup that hopes to hit the slopes in full force this winter season.
Law firm tapping into busy Delaware docket
A large firm in the local legal scene has launched its 25th office and finally broken into Delaware, home to an endless stream of big business cases.
Newsbites: Noteworthy tidbits for Aug. 18, 2015
U.S. News & World Report ranks a local hospital the best in the state, an attorney launches a new immigration practice, a new Short Pump store is hiring 100 people, and the group organizing the upcoming bike race lands big partnerships.
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.
Approaching sale, HDL cuts more employees
The bankrupt lab testing firm has made yet another round of layoffs amid a new deal for financing and an upcoming auction of the entire business.
WestRock to ink $288M deal
The post-merger iteration of MeadWestvaco is about to sign its first major acquisition: the purchase of a Georgia company with two mills and a large stake in a renewable energy firm.
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.
Bill Goodwin’s firm amasses 600 acres in Chesterfield
With a pair of 300-acre land deals in less than two months, Bill Goodwin’s real estate company has doubled its holdings in Chesterfield County and grabbed more property near a massive mixed-use project.