Flanagan, 56, who has been at Clark 23 years, is one of the best-connected people in Washington. He will work with former D.C. Mayor Anthony A. Williams, who became the Federal City Council’s new chief executive last July, succeeding John W. Hill Jr.
Former Virginia congressman Tom Davis will become president of the Federal City Council, replacing Frank Keating of the American Bankers Association.
Big payday at Knowland
The holiday gifts came early for Mike McKean, chief executive of District-based Knowland Group, which provides the hospitality industry with information on group meetings in various hotels, and sales and catering software that helps manage them.
McKean, who had owned the entire company, sold slightly less than half to Serent Capital, a San Francisco-based private equity firm. He founded Knowland eight years ago.
“I’ve gotten multiple offers over the last few years,” said McKean, who remains majority owner. “I even looked at selling the company and just walking.”
He won’t discuss numbers, but Knowland had almost $10 million in revenue two years ago, so current revenues are likely well north of that. That would put a sales price in the millions, probably.
“I got a nice payment, and there’s a lot of money to grow the company,” is all McKean would say.
Knowland, with 3,000 clients, has 110 employees in Washington, Maryland, Delaware and elsewhere across the United States.
The business of the inauguration is in full bloom.
Office Movers, a division of Elkridge-based Kane Co., has already been hired by 12 local law firms to clear out the desks, chairs and pods from the window areas overlooking Pennsylvania Avenue so employees and guests can party with a bird’s eye view of the inaugural parade.
“It will be a bit easier this year given the Martin Luther King holiday on Monday,” Kane President John Kane said. “Most law firms are letting us keep the furniture on site [moving it to the back of the office with no front view]. We are adding a firm about every two days.”
On the transportation front, Rockville-based RMA Worldwide Chauffeured Transportation plans to put a mix of 200 various vehicles on the road for the inaugural weekend.
There’s big bucks for the drivers. The added income for RMA drivers (just for the four days around the inauguration) could put another $1,000 in each of their pockets.
“Inaugurations are the Olympics of transportation for us in D.C.,” RMA chief executive Robert Alexander said in an e-mail. “It only comes around every four years. It’s intense. It’s competitive. You plan for months and months. You bring on more people. And then, just like that, it’s over.”
The Buzz hears:
McLean-based Titan Fitness, which operates Fitness Connection gyms, has bought seven Charlotte-based Sports & Fitness gyms. The Charlotte transaction boosts the number of Fitness Connections to 25, including Charlotte and Raleigh in North Carolina and Houston, Dallas and Reno, Nev. Jeff Skeen of McLean is chief executive of Titan.
BRTRC, which serves federal agencies, is moving. The company, founded in 1985, has signed an agreement to move its headquarters from Willow Oaks Corporate Drive in Fairfax to 28,308 square feet at 8521 Leesburg Pike in Vienna, in September. BRTRC has additional locations in Abingdon, Md.; Burlington, Mass.; St. Robert, Mo.; and Warren, Mich.
Fairfax-based Virginia Tire & Auto, plans its 12th shop in Northern Virginia for late next year. The 6,000 square-foot space, with 9 bays, is scheduled to open in the Broadlands area of Ashburn.
Factoid of the week:
40 percent. That’s the amount of D.C.’s working population employed by Downtown Washington and the city’s Golden Triangle (near Connecticut and K Streets N.W.), which comprise only 2 percent of the District’s land area, according to the Washington Business Improvement District. The same space generates half the city’s wages.