D.C. area business diary for week of Dec. 3

December 2, 2012

Short takes on the week's announcements and deals.

Acquisitions

Minneapolis-based credit-scoring company Fair Isaac Corp. said it has acquired Fairfax-based collections software company CR Software. Terms were not disclosed.

Hanover-based cybersecurity contractor KEYW said it has acquired Columbia-based cybersecurity firm Rsignia. Terms were not disclosed.

Call for entries

Cabin John-based Alliance for Workplace Excellence is seeking applicants for its Diversity Champion Awards, Workplace Excellence Seal of Approval Awards, Health & Wellness Seal of Approval Awards and EcoLeadership Awards. Deadline is Dec. 18. For more information: www.excellentworkplace.org.

Fairfax-based Women in Technology is seeking nominations for its 14th annual Leadership Awards. Deadline is Jan. 11. For more information: www.womenintechnology.org/node/382.

Contracts

Columbia-based Protech Associates, a provider of cloud-based management software for associations, said it has won contracts with the Association of Performing Arts Presenters, BMW Motorcycle Owners of America, the National Academic Advising Association, the Council for Responsible Nutrition, the Water Quality Association and Children and Adults with Attention-Deficit/Hyperactivity Disorder.

Herndon-based aerospace and defense contractor ITT Exelis has won a contract from the Sarasota Manatee Airport Authority in Florida to upgrade the noise and flight-tracking systems at Sarasota Bradenton International Airport.

Expansions

Irvine, Calif.-based health club chain LA Fitness has opened a location at 602 Quince Orchard Blvd, Gaithersburg, MD 20878.

Reston-based biopharmaceutical and medical device services company Aptiv Solutions said it has opened an office in Durham, N.C.

Funding

District-based asset manager Carlyle Group said it has raised $1.38 billion for its Carlyle Energy Mezzanine Opportunities Fund.

Bethesda-based hotel real estate investment company DiamondRock Hospitality said it has amended its $200 million senior unsecured credit facility to reduce borrowing costs and to extend its debt maturity to January 2018. The amended facility also allows DiamondRock to increase its borrowing to $400 million.

Bethesda-based hotel real estate investment company RLJ Lodging Trust said that it has received a $700 million unsecured credit facility that is expandable up to $1.2 billion.

Annapolis-based Clean Wind Energy Tower said it has secured a $5 million credit facility from White Plains, N.Y.-based Deer Valley Management.

Herndon-based Center for Innovative Technology said it has invested an unspecified amount in Dulles-based Cont3nt.com, the developer of a real-time marketplace for photo and video journalism.

Moves

Private wealth manager Atlantic Trust said it has moved from 575 7th St. NW, Suite 450, to a larger office at 1201 F St. NW, Suite 900, Washington, DC 20004. Atlantic Trust’s Baltimore employees have moved to the new office as well.

Nonprofits

District-based corporate financial advisory and public affairs consulting firm Gavin/Solmonese said it has formed a benefit company, Oliver-Grayson Holding Co. The District-based Velvet Foundation, which is working to create the National LGBT Museum, has been chosen as the beneficiary of the new company.

District-based anti-poverty nonprofit Plan International USA said it will acquire the assets and staff of District-based nonprofit Centre for Development and Population Activities.

Other

The Ellicott City Façade Improvement Program said it has received a $50,000 grant from the Maryland Department of Housing and Community Development. The program provides up to $10,000 in matching funds for repair and restoration of commercial buildings in the Ellicott City Historic District.

Pharmaceuticals

Bethesda-based Sucampo Pharmaceuticals said that its Amitiza drug for treatment of chronic constipation is now available in Japan.

— Compiled by Shawn Selby

Comments
Show Comments
Most Read Business