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News & Features

Virginia Businesses in the News
Mergers and Acquisitions

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For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293
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Alion Science and Technology, a McLean-based technology company, bought assets of Anteon Corp.’s program management and engineering services businesses. The Anteon unit provides technical and operations support to the Department of Defense. The deal gives Alion several substantive contracts with the DoD. (Business Wire)

Electronic Systems, a Virginia Beach office technology company, bought Acme Business Machines of Roanoke, a retailer of office hardware such as printers and copiers. Electronic Systems already has a presence in the Roanoke market, but the acquisition is not expected to lead to any lay offs. (The Roanoke Times)

Landmark Communications Inc., a Norfolk-based media company, bought BusinessBroker.net of Atlanta, an online provider of marketplace information about businesses for sale, commercial real estate property and franchise opportunities. The acquisition gives Landmark an additional avenue in direct marketing channels. (PRNewswire)

Lillian Vernon Corp., a White Plains, N.Y.-based catalog and online retailer whose distribution center is located in Virginia Beach, was bought by Sun Capital Partners Inc., an investment firm headquartered in Florida. Lillian Vernon’s employment levels, which vary from 600 to 3,500 during the winter holidays, are not expected to be affected. (The Virginian-Pilot)

Pell Paper Co., a box manufacturer based in Elizabeth City, N.C., announced plans to merge with Carder Graphics of Staunton and move its operations to Virginia. The need for a larger building prompted the move to Staunton; some of the company’s approximately 30 workers may transfer to the facility. (The Virginian-Pilot)

 


 

 

 

 

 

 

 

 

 

 


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