A jam-packed list of filings after the holiday break: A local banker gets a big promotion, a downtown media company seals a major merger and a local real estate firm is buying three hotels on the West Coast.
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.
Golf club tees off under new owner
A California-based golf company is stepping in to take control of a Glen Allen club, dissipating a long struggle between the course’s builder and former owner and its members.
Nasdaq scoops up local firm
A nearly 30-year-old Southside investment firm has been sold to the New York stock giant for $225 million.
Banks seal $275 million merger
After the official closure of a huge acquisition, a long-standing local bank has been absorbed and its CEO has stepped down from his post.
DealFlow: Local investment banking roundup for Dec. 31, 2014
Local investment banking firms finishing out the year with a bang, as more than a dozen deals are closed by Harris Williams, BB&T Capital Markets, Matrix Capital and more.
Editor’s picks: Our favorite BizSense stories of 2014
The quirky, the scandalous and interesting stories that stuck with us among the nearly 1,000 published this year include articles focused on beer, identity theft, heavy metal music and a $160 million development project.
2014: The year of the grocer
Richmond became a battleground for huge grocery chains this year, with Walmart, Kroger, Wegmans and more vying for the carts of local shoppers. And with a long list of projects in the works for next year, the shopping spree is set to continue in 2015.
Local banking 2014: A year for deals and out-of-towners
A wave of consolidations hit Richmond this year as smaller banks combined forces. And 2014 saw the formation of a mini banking hub in the West End and the expansion of several out-of-town banks into the Richmond market.
From dog treats to triathlons
After getting a taste for triathlons, the head of a fast-growing local pet goods company turned a new hobby into his latest business venture.
Bank shakes poor rating streak
Quarterly ratings of banks and federal credit unions show that a struggling local bank is turning things around. And other area banks have also shown improvement or stability. But one Chesterfield credit union fell in the ranks and is now the lowest-rated financial institution in the market.