Virginia Business

3 days ago | virginiabusiness.com | Beth JoJack

Casa del Fuego Family Office and Trust, an investment and asset management firm, has acquired Tysons-based Digital Global Systems, which provides technology to optimize radio frequency signals. The all-stock transaction is valued at $5 billion, according to a Tuesday announcement. The acquisition is a 100% stock purchase, and DGS will operate independently as a subsidiary with its leadership team unchanged.

4 days ago | virginiabusiness.com | Beth JoJack

Home>News>Industries>Google buys $14M parcel for Botetourt data center Data center to be developed at Botetourt Center at Greenfield Google has purchased a 312-acre parcel for $14 million at Botetourt County‘s Botetourt Center at Greenfield industrial park for data center development, county officials announced Tuesday.

5 days ago | virginiabusiness.com | Beth JoJack

SUMMARY:Virginia’s first Buc-ee’s opens June 30 at 6 a.m. in Mount CrawfordThe store spans 74,000 square feet and has 120 fuel stationsIt’s creating more than 200 local jobs, with competitive pay and benefitsWake up the kids and load up the car — Virginia is about to experience Buc-eesmania! Here’s what you need to know:What’s happening?

1 week ago | virginiabusiness.com | Thomas Lester |Katherine Schulte

Furniture Today Top 100 retailer Schewels Home announced that it acquired Petersburg-based Butterworth’s Furniture, which has been in business since 1925. The Lynchburg-based retailer, which has 52 locations in Virginia and surrounding states, took over operations in early June. Terms of the deal were not disclosed. Officials say the acquisition is a major milestone for Schewels Home as it continues its strategic growth plan.

1 week ago | virginiabusiness.com | Beth JoJack

SUMMARY:Traditional Medicinals to invest $47 million in Franklin CountyNew tea manufacturing plant to create 57 jobsPlant previously announced in 2020, but put on pause during pandemicWhile out for lunch Tuesday, Ronnie Thompson, chair of the Franklin County Board of Supervisors, was approached by a citizen. “He said, ‘When y’all going to do something at that business park?’” Thompson recalled at the board’s Tuesday evening meeting. “And I said, ‘Soon.