Posted on 4/28/21
Ashburn-Based CIS Acquired by Indiana Private Equity Firm
On April 20, Indianapolis-based private equity firm Hammond, Kennedy, Whitney & Co. Inc. (HKW) announced that it had acquired Ashburn-based technology company CIS Secure Computing Inc. . . .
Posted on 4/28/21
After Q1 of 2021, DC-area Companies Already Raised $1.24B in VC Funding
When it comes to venture capital funding for companies based in the DMV, 2021 is starting off with a bang
Posted on 4/27/21
H.I.G. Sale of Whitney, Bradley & Brown
H.I.G. Capital, a leading global alternative investment firm with $44 billion of equity capital under management, announced today the sale of its portfolio company, Whitney, Bradley . . .
Posted on 4/26/21
USM Maryland Momentum Fund Invests $250,000 in Qualytics
The University System of Maryland (USM) Momentum Fund (MMF) has invested $250,000 in Qualytics Inc., a data quality company that offers the Qualytics Data Firewall, a . . .
Posted on 4/26/21
Seventy2 Capital Adds Two Ameriprise Advisors
Seventy2 Capital Wealth Management, a fast growing, independent wealth management practice in the Washington – Baltimore region added two experienced advisors to its Hunt Valley office.
Posted on 4/23/21
Steward Partners Acquires Umpqua Investments
Steward Partners Holdings, LLC an employee-owned, full-service independent partnership, has closed on its acquisition of Umpqua Investments Inc., a registered broker dealer and registered investment adviser
Posted on 4/23/21
Deb Bonosconi Joins BRG's Financial Institution Advisory Group
Berkeley Research Group announced today that Deb Bonosconi has joined the firm as a managing director, further bolstering its Financial Institution Advisory practice.Bonosconi has more than . . .
Posted on 4/23/21
United Bankshares Announces Record Earnings for the First Quarter of 2021
WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. (NASDAQ: UBSI), today reported record earnings for the first quarter of 2021 of $106.9 million, or $0.83 per diluted . . .
Posted on 4/23/21
MVB Bank to Sell Four Banking Centers to Summit Community Bank
FAIRMONT, W.Va., April 23, 2021 (GLOBE NEWSWIRE) -- MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (NASDAQ: MVBF), announced today the signing of a . . .
Posted on 4/23/21
Craig Newmark Philanthropies Invests in Anti-Hunger Organization
To address the pervasive and persistent food insecurity among veterans and military families, Craig Newmark Philanthropies announced a $100,000 investment in MAZON: A Jewish Response to . . .
Posted on 4/22/21
MidCap Financial Raises $800 Million
MidCap Financial, a credit solutions firm focused on serving the middle market, today announced it has raised more than $800 million of new equity from a . . .
Posted on 4/22/21
C&F Financial Corporation Announces Record Net Income for First Quarter
TOANO, Va., April 22, 2021 (GLOBE NEWSWIRE) -- C&F Financial Corporation (NASDAQ: CFFI), the one-bank holding company for C&F Bank, today reported record quarterly consolidated net income . . .
Posted on 4/22/21
Oxford Finance Appoints Sunil Annapareddy as Senior Director
ALEXANDRIA, Va.--(BUSINESS WIRE)--Oxford Finance LLC, a leading specialty finance firm focused on healthcare services and life sciences companies worldwide, is pleased to announce that Sunil Annapareddy . . .
Posted on 4/22/21
Atlantic Union Bankshares Reports First Quarter Results
RICHMOND, Va., April 22, 2021 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation (Nasdaq: AUB) today reported net income available to common shareholders of $53.2 million and . . .
Posted on 4/22/21
American National Bankshares Reports First Quarter Earnings
DANVILLE, Va., April 22, 2021 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (NASDAQ: AMNB) today reported first quarter 2021 earnings of $11.3 million, or $1.03 per . . .
Posted on 4/22/21
Spire and Francisco Partners Announce Signing of $70 Million Growth Financing Deal
SAN FRANCISCO & RESTON, Va.--(BUSINESS WIRE)--Spire Global, Inc., a leading global provider of space-based data and analytics, announced today the recent signing of a growth financing . . .
Posted on 4/22/21
Sandy Spring Bancorp Reports First Quarter Earnings of $75.5 Million
OLNEY, Md., April 22, 2021 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, today reported net income of $75.5 . . .
Posted on 4/22/21
Capital Bancorp Reports First Quarter 2021 Net Income of $9.0 million
ROCKVILLE, Md., April 22, 2021 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK), the holding company for Capital Bank, N.A, today reported net income of $9.0 . . .
Posted on 4/22/21
Capital Funding Group Has Record-Setting First Quarter - Finances More Than $800M
Capital Funding Group (CFG) proudly announces a record-setting first quarter of 2021, as it continues to support the long-term care and assisted living industries, despite these . . .
Posted on 4/22/21
T. Rowe Price: Pandemic's Impact to Financial Well-Being Compels More Parents Than Ever to Have Money Conversations with Their Kids
A new study from T. Rowe Price provides a look at how the coronavirus pandemic has impacted families’ financial well-being, compelling more parents than ever to . . .
Posted on 4/21/21
MainStreet Bancshares Reports Strong First Quarter 2021 Earnings
MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported net income of $5.5 million for the first quarter of 2021. Net . . .
Posted on 4/21/21
IPG Receives Significant Investment from TPG
Implantable Provider Group, Inc., a leading provider of surgical cost management solutions, today announced a significant investment from TPG Growth, the middle-market and growth equity platform . . .
Posted on 4/21/21
RiverFront Investment Group Announces Promotions of Several Investment Professionals
RiverFront Investment Group, a global asset manager and ETF strategist headquartered in Richmond, VA, recently announced promotions to leadership roles on the Investment Team in addition . . .
Posted on 4/21/21
GBMC HealthCare Raises Over $80K To Support Victim Services Unit During Sexual Assault Awareness Month
Community members came together for victims of sexual assault and domestic violence by participating in multiple fundraising activities. In support of Sexual Assault Awareness Month, GBMC HealthCare hosted . . .
