CACI International has wrapped up its previously announced $275 million acquisition of SA Photonics, a California-based provider of multi-domain photonics technologies for free-space optical (FSO) communications. The deal was announced in March 2021 by CACI International, which is a Virginia-based IT services company. The photonic solutions group of CACI International is said to have expertise […]
Ramaco Resources has wrapped up its previously announced $30 million acquisition of the Amonate assets in the US from Coronado Global Resources. The Amonate assets include a mine complex in McDowell County, West Virginia, and Tazewell County, Virginia. According to Ramaco Resources, all the assets involved in the deal are located near and contiguous to […]
Wipro has joined forces with TEOCO, a Virginia-based telecom software vendor, for developing solutions to help communication service providers (CSPs) enhance network automation, flexibility, efficiency, and reliability. The partnership aims to offer comprehensive solutions to CSPs for planning, analyzing, optimizing, and monitoring next-generation networks (NGN). Atul Jain — TEOCO founder and CEO said: “TEOCO has […]
Vision RNG, a full-service developer of landfill gas to sustainable renewable natural gas (RNG), has partnered with Meridian Waste Acquisitions to execute projects at some of the latter’s owned landfills in Missouri and Virginia. The projects involve the capture of landfill gasses (LFG), which will be converted into RNG for end users, as per an […]
Corbett Technology Solutions (CTSI) has agreed to acquire AFA Protective Systems, a US-based fire and security systems provider, for $743.5 per share. Established in 1873, AFA Protective Systems has been known for providing central station alarm service. In 1968, the Kleinman family had acquired a controlling stake in AFA in 1968. During the last 50 […]
Tyson Foods has announced a $300 million investment in Virginia for constructing a new, fully-cooked plant in Danville that will primarily produce the Tyson branded chicken products. According to the US meat processing giant, the project is part of its efforts to cope up with rising demand and deliver on its strategy of expediting long-term […]
Cvent, an enterprise event technology provider, is set to go public through a $5.3 billion merger deal with Dragoneer Growth Opportunities Corp. II, a special purpose acquisition company (SPAC). The Virginia-based Cvent provides events, meetings, and hospitality technology to over 200,000 users around the world. Established in 1999, the company has approximately 4,000 employees. Cvent […]
Kensington Vanguard National Land Services (KV), a US-based title insurance agency, has acquired Hometown Title & Escrow for an undisclosed price. Hometown Title & Escrow, which is based in Tyson’s Corner, Virginia, is headed by Sharon Keegan, an industry veteran. Sharon Keegan has built the title agency focused on catering to residential and more complex […]
Performance Food Group (PFG), a Virginia-based foodservice distribution company, has agreed to acquire Core-Mark in a stock cum cash deal worth around $2.5 billion, which is inclusive of the latter’s net debt. Core-Mark is a Texas-based wholesale distributor that caters to the convenience retail industry in North America with net sales of nearly $17 billion. […]
The Hilb Group (THG) has acquired Benefit Foundations and recruited employee benefits insurance specialist – Patrick Grant. The deal became effective on 1 May 2021, said the Virginia-based property and casualty and employee benefits insurance brokerage and advisory firm. Hilb Group said that Patrick Grant will join the company’s New Agency Partners office in Parsippany, […]