Blue Ridge

Blue Ridge ESOP Associates Announce Investment by Existing Management and Levine Leichtman Capital Partners

Friday, March 27, 2020 - 12:01am

CHARLOTTESVILLE, Va., March 26, 2020 /PRNewswire/ -- Marie Minton and Greg Washburn, the current owners of Blue Ridge ESOP Associates, announced that Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, has invested in Blue Ridge ESOP Associates ("Blue Ridge" or the "Company") in partnership with the existing owners and the management team.

Key Points: 
  • CHARLOTTESVILLE, Va., March 26, 2020 /PRNewswire/ -- Marie Minton and Greg Washburn, the current owners of Blue Ridge ESOP Associates, announced that Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, has invested in Blue Ridge ESOP Associates ("Blue Ridge" or the "Company") in partnership with the existing owners and the management team.
  • Blue Ridge is the leading provider of technology enhanced solutions and services for the administration and recordkeeping of Employee Stock Ownership Plans ("ESOPs") and associated 401(k) plans.
  • Marie Minton and Greg Washburn stated "We are delighted that our dedicated management team and LLCP are taking ownership in Blue Ridge.
  • Gentry Locke served as legal advisor to Blue Ridge and the management team.

Accomplished Executive Joins Blue Ridge Bankshares, Inc. Team

Friday, January 10, 2020 - 2:27pm

LURAY, Va., Jan. 10, 2020 /PRNewswire/ -- Blue Ridge Bankshares, Inc. ("Blue Ridge") (NYSEAM: BRBS) is pleased to welcome Jim McCarty to its team as Chief Administrative Officer.

Key Points: 
  • LURAY, Va., Jan. 10, 2020 /PRNewswire/ -- Blue Ridge Bankshares, Inc. ("Blue Ridge") (NYSEAM: BRBS) is pleased to welcome Jim McCarty to its team as Chief Administrative Officer.
  • Blue Ridge recently completed its merger with Virginia Community Bankshares, Inc. and listed on the NYSE American.
  • McCarty brings broad financial and operational experience in executive management to Blue Ridge developed over a twenty-five-year banking career, including over twenty in executive roles as Chief Financial Officer and Chief Administrative Officer.
  • McCarty says, "It is an honor to join the Blue Ridge team and be a supporting piece of its strategy.

Blue Ridge Partners Announces New Roles and Responsibilities

Monday, December 30, 2019 - 2:00pm

We look forward to strong results again in 2020," said Jim Corey, Blue Ridge Partners' Managing Partner.

Key Points: 
  • We look forward to strong results again in 2020," said Jim Corey, Blue Ridge Partners' Managing Partner.
  • Chris Sorrow joined Blue Ridge Partners in 2017 and has been instrumental in building our global pricing practice.
  • Prior to joining Blue Ridge, Chris spent 15 years in a variety of consulting roles, focusing exclusively on pricing since 2010.
  • Blue Ridge Partners is a global management consulting firm exclusively focused on helping companies accelerate profitable revenue growth.

Blue Ridge Bankshares, Inc. Announces Listing on NYSE American

Wednesday, December 18, 2019 - 9:08pm

LURAY, Va., Dec. 18, 2019 /PRNewswire/ -- Blue Ridge Bankshares, Inc. ("Blue Ridge") (OTC Pink: BRBS) announced today that its common stock has been approved for listing on the NYSE American exchange under its current symbol, "BRBS," at the open of trading on December 23, 2019.

Key Points: 
  • LURAY, Va., Dec. 18, 2019 /PRNewswire/ -- Blue Ridge Bankshares, Inc. ("Blue Ridge") (OTC Pink: BRBS) announced today that its common stock has been approved for listing on the NYSE American exchange under its current symbol, "BRBS," at the open of trading on December 23, 2019.
  • "Listing on the NYSE American elevates the profile of our company and supports our efforts to generate attractive returns, transparency, and liquidity for our current and prospective shareholders."
  • Blue Ridge Bankshares, Inc. is a multi-state bank holding company.
  • Headquartered in Luray, Va., Blue Ridge is the parent company of Blue Ridge Bank, National Association, a client-centered financial services company offering commercial banking services throughout Virginia and North Carolina.

Blue Ridge Bankshares, Inc. Completes Merger with Virginia Community Bankshares, Inc.

Monday, December 16, 2019 - 1:00pm

LURAY, Va., Dec. 16, 2019 /PRNewswire/ -- Blue Ridge Bankshares, Inc. ("Blue Ridge") (OTC Pink: BRBS), headquartered in Luray, Va., announced today the completion of its merger with Central Virginia-based Virginia Community Bankshares, Inc. ("Virginia Community").

Key Points: 
  • LURAY, Va., Dec. 16, 2019 /PRNewswire/ -- Blue Ridge Bankshares, Inc. ("Blue Ridge") (OTC Pink: BRBS), headquartered in Luray, Va., announced today the completion of its merger with Central Virginia-based Virginia Community Bankshares, Inc. ("Virginia Community").
  • Following completion of the merger, Virginia Community Bank, the subsidiary bank of Virginia Community, was merged into Blue Ridge's subsidiary bank, Blue Ridge Bank, National Association.
  • The former Virginia Community Bank branches assumed in the merger will operate as Virginia Community Bank, a division of Blue Ridge Bank, National Association, until systems are converted at the end of January 2020.
  • Pierce Stone, Andrew C. Holzwarth, and Mark W. Sisk, former members of the Virginia Community board of directors, have been appointed to the boards of Blue Ridge and Blue Ridge Bank.

Blue Ridge Networks Named 2019 Tech 100 Company by NVTC

Tuesday, November 26, 2019 - 2:00pm

CHANTILLY, Va., Nov. 26, 2019 /PRNewswire/ -- Blue Ridge Networks announced today that the company was named to the 2019 Northern Virginia Technology Council (NVTC) Tech 100 list for the second consecutive year.

Key Points: 
  • CHANTILLY, Va., Nov. 26, 2019 /PRNewswire/ -- Blue Ridge Networks announced today that the company was named to the 2019 Northern Virginia Technology Council (NVTC) Tech 100 list for the second consecutive year.
  • We're excited to announce Blue Ridge Networks as an NVTC Tech 100 honoree," stated Bobbie Kilberg, President and CEO, Northern Virginia Technology Council.
  • "This has been a banner year for Blue Ridge Networks and we're honored to be recognized for our contribution to the industry," said Srini Mirmira, President of Blue Ridge Networks.
  • To learn more about the 2019 NVTC Tech 100, and see the full list of winners, visit the website .

Blue Ridge Bankshares Inc. and Virginia Community Bankshares, Inc. Announce Regulatory Approvals for Proposed Merger

Wednesday, October 23, 2019 - 1:54pm

Chartered in 1893 as the Page Valley Bank of Virginia, today Blue Ridge Bank, N.A.

Key Points: 
  • Chartered in 1893 as the Page Valley Bank of Virginia, today Blue Ridge Bank, N.A.
  • Celebrating 126 years as a locally owned, independent community bank, Blue Ridge Bank, N.A.
  • Blue Ridge, VCB and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Blue Ridge and VCB in connection with the proposed merger.
  • This release contains forward-looking statements regarding Blue Ridge, VCB and the proposed merger.

Blue Ridge Networks Welcomes R. Bruce Fisher as New Strategic Advisor

Tuesday, October 1, 2019 - 1:30pm

CHANTILLY, Va., Oct. 1, 2019 /PRNewswire/ -- Blue Ridge Networks announced today that R. Bruce Fisher has joined its team of strategic advisors.

Key Points: 
  • CHANTILLY, Va., Oct. 1, 2019 /PRNewswire/ -- Blue Ridge Networks announced today that R. Bruce Fisher has joined its team of strategic advisors.
  • In his capacity as strategic advisor, Mr. Fisher will work closely with the Blue Ridge Networks executive team to expand its reach in the marketplace and build on the organization's growing momentum.
  • Previously, Mr. Fisher held strategy, business management, and leadership positions at Allied Chemical, now Honeywell, and American Standard/Trane.
  • "We're delighted Bruce has joined the Blue Ridge team and are confident that he will bring a fresh perspective and unique ideas to support our emerging growth," said John Higginbotham, CEO of Blue Ridge Networks.

Blue Ridge Global Names Jeff Jenkins Chief Revenue Officer and Cliff Isaacson Executive Vice President for Product Strategy

Monday, September 16, 2019 - 2:00pm

ATLANTA, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Blue Ridge announced today the appointment of Jeff Jenkins as its Chief Revenue Officer and Cliff Isaacson as Executive Vice President of Product Strategy.

Key Points: 
  • ATLANTA, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Blue Ridge announced today the appointment of Jeff Jenkins as its Chief Revenue Officer and Cliff Isaacson as Executive Vice President of Product Strategy.
  • Jenkins joins Blue Ridge after a successful exit with TeamWorks, Inc. At Blue Ridge, Jenkins will be responsible for strategic growth and profitability across the entire customer lifecycle.
  • Isaacson, most recently the Director of Pricing Solutions for Syncron, will be responsible for leading all product development at Blue Ridge.
  • Jeff is an experienced sales leader with a decorated history in the technology industry, said Jim Byrnes, Blue Ridge Chief Executive Officer.

Potomac Edison Hires New Graduates from Power Systems Institute Training Program

Monday, June 10, 2019 - 8:00pm

WILLIAMSPORT, Md., June 10, 2019 /PRNewswire/ --Potomac Edison has hired 15 new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the next generation of line and substation workers.

Key Points: 
  • WILLIAMSPORT, Md., June 10, 2019 /PRNewswire/ --Potomac Edison has hired 15 new graduates of the Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) program to train the next generation of line and substation workers.
  • The new employees recently graduated from the PSI program established with Blue Ridge Community & Technical College in Martinsburg, W.Va. in 2015.
  • "We look forward to these graduates joining our workforce to help continue providing safe and reliable electric service for our customers."
  • Potomac Edison serves about 263,000 customers in seven Maryland counties and 137,000 customers in the Eastern Panhandle of West Virginia.