Virginia Business News

Virginia Business News – including entertainment, finance, health and medical, non-profit, public policy and technology news from Virginia, U.S.A. (Va., VA), as issued by the Send2Press Newswire service.


‘Devolution of Power’ Confronts the question – If the Federal Government Cannot Unite the U.S., How Does the Nation Divide?

GREAT FALLS, Va., March 7, 2024 (SEND2PRESS NEWSWIRE) — William L. Kovacs, an award winning author, presents “Devolution of Power: Rolling Back the Federal State to Preserve the Republic” (ISBN: 978-1960499790), a roadmap to promote freedom in a polarized nation by unwinding a massive federal government that cannot manage the complexity it has created. Unlike many books on government reform, “Devolution of Power” is not just a list of complaints that leave the reader seeking solutions.

Avenu Insights & Analytics Announces Strategic Acquisition of Judicial Innovations

CENTREVILLE, Va., Feb. 12, 2024 (SEND2PRESS NEWSWIRE) — Avenu Insights & Analytics (“Avenu”), the global leader in revenue recovery and administrative solutions for state and local governments, is excited to announce its acquisition of Judicial Innovations, a pioneering provider of cloud-based payment and case management solutions. This acquisition marks Avenu’s second payment solution acquisition in 2024, underscoring its commitment to investing in government payment technologies and expanding its Justice Solution set including Avenu | Court, Avenu | Jury, and Avenu | Payments.

Matrix Advises on the Sale of Hicks Oils’ Lubricants Business to Schaeffer Manufacturing Company

RICHMOND, Va. and BALTIMORE, Md., Feb. 8, 2024 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Hicks Oils & Hicksgas, Incorporated (“Hicks” or the “Company”) on the sale of its Hicks Oils lubricants business to Schaeffer Manufacturing Company (“Schaeffer”). Hicks Oils is a premier independent lubricant blending and packaging business in southern Illinois that produces automotive and industrial lubricants.

Matrix Advises on the Sale of Shape LLC

RICHMOND, Va. and BALTIMORE, Md., Jan. 26, 2024 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce the sale of Shape LLC (“Shape” or the “Company”) to an undisclosed buyer. Prior to the sale, Shape was owned by funds managed by Gen Cap America, Inc. (“Gen Cap”), a private investment firm headquartered in Nashville, Tennessee.

Boutique All-inclusive Virginia Wedding Venue Bucks Expensive Trends

WARRENTON, Va., Jan. 25, 2024 (SEND2PRESS NEWSWIRE) — The average wedding costs about $35,000. And that’s just average. That’s why more and more couples are turning to smaller, more intimate gatherings like the “Sweet and Simple Weddings” of Ciao Bella Celebrations. Their stress-free, fun and elegant weddings consistently receive five-star reviews on sites such as Trip Advisor, Google and Wedding Wire. Why? Because the owners, Mona and Dan McLinden, are passionate about what they’ve created.

Matrix Advises on the Sale of Bobby Taylor Oil Company, Inc. & T&S Transport, Inc. to Parker Oil Company

RICHMOND, Va. and BALTIMORE, Md., Jan. 11, 2024 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces the successful closing on the sale of Bobby Taylor Oil Company, Inc. and T&S Transport, Inc. (“BTOC” or the “Company”) to Parker Oil Company Incorporated. Based in Fayetteville, North Carolina, BTOC is a leading supplier of retail propane, commercial refined fuels, and racing gas to a diverse customer base of residential and commercial accounts throughout the state of North Carolina.

Matrix Announces the Sale of Santmyer Companies, Inc.’s Convenience Retail and Branded Dealer Wholesale Businesses

RICHMOND, Va. and BALTIMORE, Md., Dec. 18, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Santmyer Companies, Inc. (“Santmyer” or the “Company”) on the sale of its Red Rover convenience retail stores to Par Mar Oil Company and its branded dealer wholesale business to Countywide Petroleum Company (subsidiaries of Croton Holdings Co.). Santmyer is a leading privately-owned and family operated full-service distributor whose primary offerings include diesel, gasoline, propane, lubricants, diesel exhaust fluid and logistics services.

Matrix Announces the Successful Sale of Coborn’s, Inc.’s Holiday Franchised Fuel and Convenience Stores

RICHMOND, Va. and BALTIMORE, Md., Nov. 10, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Coborn’s, Inc. (“Coborn’s” or the “Company”) on the sale of its 14 Holiday franchised fuel and convenience stores and one developmental site to Holiday Stationstores, LLC.

Matrix Announces the Successful Sale of Springer Eubank Company, Inc.

RICHMOND, Va. and BALTIMORE, Md., Nov. 2, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Wilmington, NC-based Springer Eubank Company, Inc. and its affiliates (“Springer Eubank” or the “Company”) on the sale of the Company’s assets including the travel center & convenience & gas division (“TC&G Division”) and its delivered fuels and fuel transport divisions to an affiliate of Petroleum Marketing Group, Inc.

Real Estate Auction Firm is Now Tranzon Key

FAIRFAX, Va., Nov. 1, 2023 (SEND2PRESS NEWSWIRE) — For over 30 years, across thousands of auctions, Tranzon Fox has been the key to unlocking the value of its clients’ real estate by providing expertise in property evaluation and competitive auction sales. The firm’s new name reflects our essential role in helping sellers achieve success. Still short and sweet, Tranzon Fox is now known as Tranzon Key, according to the firm.

Shaping the Future of Local Governance: Avenu Insights & Analytics and ClearGov Announce Strategic Partnership

CENTREVILLE, Va., Oct. 19, 2023 (SEND2PRESS NEWSWIRE) — Avenu Insights & Analytics and ClearGov have joined forces in a strategic partnership set to revolutionize local government operations and financial management. This collaboration will span across several crucial areas of cooperation. [UPDATED]

By Light Awarded $4M Army National Guard Contract

MCLEAN, Va., Oct. 17, 2023 (SEND2PRESS NEWSWIRE) — By Light Professional IT Services LLC (By Light), a renowned provider of IT services and simulation solutions, is excited to announce its continued collaboration with Warhorse Training Solutions to provide cutting-edge recruiting systems to the U.S. Army National Guard (ARNG). This newly awarded contract, valued at $4,040,361, is set to significantly expand the deployment of By Light’s recruiting experiences from 252 to an impressive 954 systems.

Prime Goochland County, Virginia Development Land Up for Grabs at Auction

RICHMOND, Va., Aug. 24, 2023 (SEND2PRESS NEWSWIRE) — Town hall meetings focused on the future of Centerville in Goochland County reveal neighbors who are keenly aware of inevitable growth and development, with an expressed desire to “grow gracefully,” according to Tranzon Key. Local residents are already seeing residential developments springing up – Reader’s Branch and Mosaic are a couple of the newer ones.

Matrix Announces the Successful Sale of Mystic Oil Company, Inc.

RICHMOND, Va. and BALTIMORE, Md., Aug. 23, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Mystic Oil Company, Inc. and its affiliates (“Mystic Oil” or the “Company”) on its sale to Petroleum Marketing Group, Inc. The Company sells fuels on a consignment and wholesale basis to approximately 150 Gulf, Citgo, ExxonMobil, Shell and unbranded customers in Connecticut, Massachusetts, Rhode Island, New York and Vermont.

Aravenda Among Select Startups Chosen for Google Accelerator Program Dedicated to Supporting Women Founders

FAIRFAX, Va., Aug. 18, 2023 (SEND2PRESS NEWSWIRE) — Aravenda, a Techstars and VIPC portfolio company, has proudly secured a spot as 1 of 11 companies in the prestigious Google for Startups Accelerator: Women Founders. This significant accomplishment spotlights Aravenda’s leadership in propelling innovation within the market of resale software, while simultaneously establishing a benchmark for sustainable practices in the resale market.

Matrix Announces the Successful Sale of H.A. Mapes, Inc.

RICHMOND, Va. and BALTIMORE, Md., Aug. 17, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised H.A. Mapes, Inc. (“H.A. Mapes” or the “Company”) on its sale to Nouria Energy Retail, Inc., a subsidiary of Nouria Energy Corporation (“Nouria”).

Prime Kilmarnock, Va. Retail Space Up for Bid August 29 as Local Chef Retires After Over 20 Years of Service

KILMARNOCK, Va., Aug. 17, 2023 (SEND2PRESS NEWSWIRE) — In the riverine coastal community of Kilmarnock, Jackie Brown is a fixture, known as the head chef and shop proprietor of the Main Street establishment, “Carried Away Cuisine” kitchen and shoppe. What she’s known for are her glass cases filled with delectable delights, according to auction firm Tranzon Key, whom Ms. Brown has hired to sell the real estate, kitchen equipment, furniture, and equipment as a package.

For the 5th Time, Aligned Makes the Inc. 5000 at No. 2999

ALEXANDRIA, Va., Aug. 17, 2023 (SEND2PRESS NEWSWIRE) — Inc. revealed today that Aligned Technology Solutions ranks No. 2999 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment-its independent, entrepreneurial businesses.

Matrix Announces the Successful Sale of BeWell Network, LLC

RICHMOND, Va., BALTIMORE, Md., and NEW YORK, N.Y., July 17, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised BeWell Network, LLC (“BeWell” or the “Company”) on its successful sale to H.E.R. Management, LLC. BeWell is a residential and outpatient behavioral health provider focused on the treatment of substance use disorder.

By Light Awarded $934,188 Army National Guard Contract

MCLEAN, Va., July 12, 2023 (SEND2PRESS NEWSWIRE) — By Light Professional IT Services LLC (By Light), a prominent provider of IT services and simulation solutions, is thrilled to announce its continued partnership with Warhorse Training Solutions to deliver advanced systems and upgrades to the Army National Guard. The contract, valued at $934,188, aims to enhance the existing vocational recruiting capabilities and introduce new third-generation Military Occupational Specialty (MOS) experiences.

Matrix Announces the Successful Sale of the Lawn and Garden Division of Antilles Power Depot Inc.

RICHMOND, Va. and BALTIMORE, Md., June 29, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce the sale of the Lawn & Garden Division (“Antilles L&G” or the “Company”) of Antilles Power Depot Inc. (“APD”) to Freije Supply Inc. (“Freije Supply”).

Aligned Ranked #33 on Tech Industry’s Most Prestigious List

ALEXANDRIA, Va., June 26, 2023 (SEND2PRESS NEWSWIRE) — Aligned Technology Solutions has been named as one of the world’s premier managed service providers in the prestigious 2023 Channel Futures MSP 501 rankings. For the past 17 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing.

Matrix Advises Apollo Veterinary Medical Hospitals and AVMH Ventures on the Successful Recapitalization and Acquisition of a Portfolio of Pet Supplies Plus Stores

RICHMOND, Va. and BALTIMORE, Md., June 12, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading independent investment bank, announces that it served as lead advisor on Apollo Veterinary Medical Hospitals and AVMH Ventures’ (“Apollo” or the “Company”) recapitalization and acquisition of a multi-state portfolio of Pet Supplies Plus (“PSP”) retail pet stores.

Matrix Announces the Successful Sale of WTG Fuels Holdings, LLC’s Retail Motor Fuels, Convenience Retail, and Fleet Fueling Businesses

RICHMOND, Va. and BALTIMORE, Md., June 7, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, today announced the successful closing on the sale of the retail motor fuels, convenience retail, and fleet fueling businesses of WTG Fuels Holdings, LLC (“WTG Fuels” or the “Company”) to subsidiaries of GPM Investments, LLC, a subsidiary of ARKO Corp. (Nasdaq: ARKO) (“GPM”).

Matrix Advises TBC Corporation on the Sale of NTB and Tire Kingdom Service Centers

RICHMOND, Va. and BALTIMORE, Md., June 2, 2023 (SEND2PRESS NEWSWIRE) — Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised TBC Corporation (“TBC” or the “Company”) on the sale of TBC’s company operated retail businesses to Mavis Tire Express Services Corp. (“Mavis”). The sale includes TBC’s retail network of 595 tire and automotive service centers that utilize the NTB Tire & Service Centers (“NTB”) and Tire Kingdom Service Centers (“Tire Kingdom”) brands.

Award-winning universal vaccine method calls for deeper scientific exploration – The Slammer Method

CHESAPEAKE, Va., May 19, 2023 (SEND2PRESS NEWSWIRE) — A new universal vaccine method developed by Eric Kikkert is outlined in an article he wrote called: “The Slammer Method: How to create effective vaccines.” It recently appeared in the “Journal of Infectious Diseases and Therapy” and is proposed to work in not just humans, but animals too. The material was presented at the 2023 12th International Conference for Tropical Medicine and Infectious Disease in London, received an award and established as a universal method to create effective vaccines.

Richmond SPCA to Benefit from Auction of Landmark Virginia Manor House on Nearly 400 Acres

ST. STEPHENS CHURCH, Va., April 13, 2023 (SEND2PRESS NEWSWIRE) — Anchored by a 200-year-old manor house surrounded by nearly 400 acres, this historic Virginia estate known as Holly Hill is now truly going to the dogs – and to the cats, rabbits, and many other creatures whose well-being the Richmond SPCA champions and helps safeguard. Thanks to a generous benefactor, the proceeds from the sale of this estate, which is on both the National Register of Historic Places and Virginia Landmarks register, will benefit the local animal welfare non-profit, according to auction firm, Tranzon Fox.

Aravenda Consignment Software Selected as Techstars Oakland Backed Company

VIENNA, Va., April 10, 2023 (SEND2PRESS NEWSWIRE) — Aravenda Consignment Software, a leader in consignment software solutions, has been selected as a part of the Techstars Oakland powered by JP Morgan program. Techstars is a prestigious accelerator program that receives over 10,000 applications annually and selects only 2-3% of these applicants in various global cohorts. The Techstars Oakland Program is the first for Techstars in the San Francisco Bay area.

Avenu Insights & Analytics Launches Cloud-based Unclaimed Property Management Solution – Avenu | Connect

CENTREVILLE, Va., March 16, 2023 (SEND2PRESS NEWSWIRE) — Avenu Insights & Analytics (Avenu) is pleased to announce the nationwide launch of its latest Unclaimed Property solution, Avenu | Connect, designed specifically for State governments. This state-of-the-art SaaS solution integrates over 15 important applications used by State Unclaimed Property offices into a single, secure, and comprehensive platform.

By Light, CompTIA, and Infosec Learning Partner to Offer Work Role Training for the Cyber Workforce

MCLEAN, Va., March 1, 2023 (SEND2PRESS NEWSWIRE) — By Light Professional IT Services LLC announced today it is collaborating with CompTIA and Infosec Learning LLC to offer work role training courses that increase proficiency and prepare individuals for industry certifications. By Light integrates CompTIA’s eLearning content and Infosec Learning’s virtual labs on its unique Imerzi™ platform to provide focused, hands-on training.

With a Two-Year Revenue Growth of 149 Percent, Aligned Ranks No. 64 on Inc. Magazine’s List of the Mid-Atlantic Region’s Fastest-Growing Private Companies

ALEXANDRIA, Va., Feb. 28, 2023 (SEND2PRESS NEWSWIRE) — Aligned Technology Solutions, an IT and security service partner that provides comprehensive IT & cybersecurity solutions for small to medium-sized businesses, ranked No. 64 on Inc. magazine’s fourth annual Inc. 5000 Regionals: Mid-Atlantic list, the most prestigious ranking of the fastest-growing Mid-Atlantic private companies, based in the District of Columbia, Delaware, Maryland, North Carolina, Virginia, and West Virginia.

MSP Receives High Cybersecurity Rating, Driving Small Business Protection

ALEXANDRIA, Va., Feb. 17, 2023 (SEND2PRESS NEWSWIRE) — Aligned Technology Solutions, an IT and security service partner that provides highly customized solutions for small to medium-sized businesses, received a nearly perfect security score from a third-party risk rating vendor on February 3, 2022, showcasing its continual commitment to a strong security posture.

United Airlines, Inc. has been reapproved as a Virginia STAR Worksite

RICHMOND, Va., Feb. 13, 2023 (SEND2PRESS NEWSWIRE) — United Airlines, Inc. in Dulles, VA, has been reapproved as a Virginia STAR Worksite under the Virginia Department of Labor and Industry’s Virginia Occupational Safety and Health (VOSH) Voluntary Protection Programs (VPP). United Airlines Airport Operations at Dulles International Airport is one of 37 current participants in the STAR program of public/private sector worksites to achieve and retain this recognition.

Tenaska Virginia Generating Station has been reapproved as a Virginia STAR Worksite

RICHMOND, Va., Feb. 13, 2023 (SEND2PRESS NEWSWIRE) — Tenaska Virginia Generating Station in Scottsville, VA, has been reapproved as a Virginia STAR Worksite under the Virginia Department of Labor and Industry’s Virginia Occupational Safety and Health (VOSH) Voluntary Protection Programs (VPP). Tenaska Virginia Generating Station is one of 37 current participants in the STAR program of public/private sector worksites to achieve and retain this recognition in Virginia.

International Paper-Richmond Container has been reapproved as a Virginia STAR Worksite

RICHMOND, Va., Feb. 13, 2023 (SEND2PRESS NEWSWIRE) — International Paper-Richmond Container in Richmond, VA, has been reapproved as a Virginia STAR Worksite under the Virginia Department of Labor and Industry’s Virginia Occupational Safety and Health (VOSH) Voluntary Protection Programs (VPP). International Paper-Richmond Container is one of 37 current participants in the STAR program of public/private sector worksites to achieve and retain this recognition in Virginia.

Huber Engineered Woods, LLC., has been recertified as a Virginia STAR Worksite

RICHMOND, Va., Feb. 13, 2023 (SEND2PRESS NEWSWIRE) — Huber Engineered Woods, LLC., in Crystal Hill, Virginia has been recertified as a Virginia STAR Worksite under the Virginia Department of Labor and Industry’s Virginia Occupational Safety and Health (VOSH) Voluntary Protection Programs (VPP). This is the site’s 4th recertification since originally being certified on July 13, 2006.

Engineering Development Laboratory, Inc. Receives the Virginia ‘Sharp’ Designation Under the Safety and Health Achievement Recognition Program

RICHMOND, Va., Feb. 13, 2023 (SEND2PRESS NEWSWIRE) — Commissioner Gary G. Pan announced today that the Engineering Development Laboratory, Inc. (EDLI) in Newport News, Virginia, has been certified as a Virginia SHARP Worksite under the Virginia Occupational Safety and Health (VOSH) Safety and Health Achievement Recognition Program (SHARP), the agency’s highest level of recognition for excellence in safety and health management systems for small businesses.

Historic Lancaster Tavern – Almost As Old as the United States Itself – Heads to Auction

LANCASTER, Va., Feb. 9, 2023 (SEND2PRESS NEWSWIRE) — Might America’s first president have quenched his thirst at the Lancaster Tavern and Inn, which was built circa 1790 in the Virginia town where George Washington’s mother, Mary Ball Washington, resided? While we will probably never know for sure, he did visit the area five times during his presidency. Since the Tavern was the only public house at the time, it’s quite likely Mr. Washington bellied up to the bar and dined here. And now, it can be yours as it hits the market via online auction, with bids closing the morning of February 22, 2023, says the auction firm, Tranzon Fox.

CENTS® Powers Ecosystem at new Mississippi Cyber Center

MCLEAN, Va., Dec. 21, 2022 (SEND2PRESS NEWSWIRE) — On November 9, 2022, Mississippi State University (MSU) and Mississippi Gulf Coast Community College (MGCCC) opened the doors to the Mississippi Cyber Center, a culmination of efforts made possible through the Mississippi Cyber Initiative (MCI). The newly renovated building on the MGCCC Harrison County Campus is the central location for the first phase of this massive commitment to cybersecurity training and knowledge-sharing.

New Disk Drill 5: up to 30% higher data restoration, RAID recovery, and new photo and video file format support

ALEXANDRIA, Va., Nov. 15, 2022 (SEND2PRESS NEWSWIRE) — CleverFiles announces the release of the new major version of Disk Drill for Mac and Windows. Disk Drill 5 introduces a new modular user interface, recovery from Windows and Linux software RAID arrays, VHD and VHDX support, and adds new file formats to its Deep Scan resulting in up to 30% higher data restoration success rates.