Virginia Business
Matrix Advises Jolley Stores and S.B. Collins on its Sale to Stewart’s Shops
RICHMOND, Va., and BALTIMORE, Md. — Matrix Capital Markets Group, Inc. announces that it has advised Jolley Associates, LLC and S.B. Collins, Inc. (collectively, “SBC”) on the sale of its convenience retail, wholesale dealer, and residential heating oil (d/b/a as Clarence Brown) businesses to Stewart’s Shops Corp….
Bravo Communications Services Secures Award for SPRUCE IDIQ
FAIRFAX STATION, Va. — Bravo Communications Services, a joint venture between American Communications Solutions LLC (ACS) and By Light Professional IT Services LLC (By Light), proudly announces its selection as one of ten (10) awardees of the Department of Veterans Affairs (VA) Secure, Performant, Reliable, and User-Centered Experiences (SPRUCE) Indefinite Delivery Indefinite Quantity (IDIQ) contract. With a total ordering ceiling of $2.44 billion, this IDIQ will play a vital role in transforming VA’s digital services, ultimately enhancing experiences for millions of Veterans and VA employees….
Matrix Advises on the Sale of Dana Safety Supply, Inc. to AEA Investors
RICHMOND, Va. — Matrix Capital Markets Group, Inc., a leading independent investment bank, is pleased to announce the sale of Dana Safety Supply, Inc. (DSS) to AEA Investors. Prior to the sale, DSS was a wholly-owned subsidiary of Scott McRae Automotive Group, LLLP (SMAG)….
Matrix Advises on the Successful Sale of WTG Fuels, LLC’s Delivered Fuels Business
RICHMOND, Va. — Matrix Capital Markets Group, Inc. announces the successful sale of the propane, commercial motor fuels, and lubricants business of WTG Fuels, LLC to ThompsonGas, LLC. WTG Fuels is a subsidiary of West Texas Gas, a leading provider of natural gas distribution services throughout Texas and Oklahoma….
Matrix Advises Singer Energy Group, Inc. d/b/a Robison on its Sale to an Affiliate of Star Group, L.P.
RICHMOND, Va. — Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Singer Energy Group, Inc. and its affiliates d/b/a Robison (“Robison” or the “Company”) on the sale of its integrated heating oil distribution and HVAC services business to an affiliate of Star Group, L.P. (NYSE: SGU). Headquartered in Port Chester, New York, Robison is a leading distributor of heating oil and provider of home comfort solutions in and around Westchester and Putnam Counties, New York….
Avenu’s GovInsights Platform Expands with New SaaS Products
CENTREVILLE, Va. — Avenu Insights & Analytics (Avenu) announces the expansion of its GovInsights platform with the launch of three new innovative products: Avenu | Records, Avenu | STR, and Avenu | Jury. This expansion signifies a major advancement in Avenu’s transition to a comprehensive Software-as-a-Service (SaaS) model, aimed at better serving government agencies nationwide by enhancing efficiency, compliance, and community engagement….
Matrix Advises Pump N’ Pantry, Inc. on its Sale to United Refining Company
RICHMOND, Va. — 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….
Avenu Insights & Analytics Launches Avenu | Records: Transforming Document Management for Local Governments
CENTREVILLE, Va. — 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….
Matrix Advises Land O’Sun Management on its Sale to Anabi/Rebel
RICHMOND, Va. — 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….
Avenu Insights & Analytics Unveils Groundbreaking Short-Term Rental Compliance Solution: Avenu | STR
CENTREVILLE, Va. — 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….