Tag: Virginia Business

RICHMOND, Va. and BALTIMORE, Md., July 15, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Pump N' Pantry, Inc. and its affiliates (collectively, "Pump N' Pantry" or the "Company") on the sale of its convenience retail assets to United Refining Company. Headquartered in Montrose, Pennsylvania, Pump N' Pantry is a leading, regional convenience retailer, operating 14 convenience stores throughout central Pennsylvania.

CENTREVILLE, Va., July 10, 2024 (SEND2PRESS NEWSWIRE) -- Avenu Insights & Analytics, a leading provider of revenue recovery and software solutions for state and local governments, announces the launch of Avenu | Records, an innovative SaaS solution designed to revolutionize document imaging and indexing processes for municipalities. With Avenu | Records, Avenu continues to set the standard for delivering cutting-edge technology solutions that enhance efficiency and streamline operations for our clients.

RICHMOND, Va. and BALTIMORE, Md., June 13, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Land O'Sun Management Corporation d/b/a Fast Track on the sale of its petroleum marketing, convenience retail and quick-service restaurant businesses to Anabi Real Estate Development, LLC and its affiliates d/b/a Anabi/Rebel. Headquartered in Gainesville, Florida, Fast Track is a leading petroleum marketing, convenience retail and QSR company, operating 17 convenience stores, 10 co-located QSRs, and two stand-alone QSRs in Northern Florida.

CENTREVILLE, Va., June 13, 2024 (SEND2PRESS NEWSWIRE) -- Avenu Insights & Analytics, a leading provider of revenue recovery and software solutions for state and local governments, proudly announces the launch of Avenu | STR, an innovative SaaS solution designed to streamline short-term rental (STR) compliance and enhance local government revenue management.

CENTREVILLE, Va., May 30, 2024 (SEND2PRESS NEWSWIRE) -- Avenu Insights & Analytics, a leader in software and technology solutions for public sector agencies, is pleased to announce the appointment of O.B. Rawls IV to its Board of Directors. This strategic addition enables the company to continue executing its strategy of providing advanced payment processing solutions while strengthening its leadership in the fintech and public sector landscapes.

RICHMOND, Va. and BALTIMORE, Md., May 15, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it served as lead advisor on G&M Oil Company's ("G&M" or the "Company") syndicated debt financing. Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank.

RICHMOND, Va. and BALTIMORE, Md., March 20, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Andretti Petroleum Group ("Company") on the sale of its convenience retail, fuels distribution, cardlock, fleet card, commercial fueling, car wash, lubricants and transportation businesses to H&S Energy, LLC and its affiliates ("H&S"). Andretti Petroleum Group is one of the largest convenience retail and fuels distribution businesses on the West Coast and Pacific Northwest, operating in northern California, Oregon and Washington.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.