Key Impact Sales & Systems acquires Kelley Brokerage

Odenton-based KeyImpact Sales & Systems, Inc. announced Tuesday the purchase of Oklahoma City-based foodservice sales agency Kelley Brokerage Inc., its fourth acquisition this year. Kelley Brokerage was established in 2001 in Oklahoma City. Sole owner and business founder, Kelley McLendon, brings 34 years of foodservice industry experience to KeyImpact. Kelley’s leadership, industry knowledge, and connections enriched Kelley Brokerage over the last 18 years, and the addition of Kelley and her crew to KeyImpact’s Oklahoma team will serve to benefit all existing and new business in the market. (Daily Record)

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Thrive expands into mid-Atlantic with EaseTech acquisition

Thrive, a Massachusetts-based provider of NextGen Managed Services, acquired EaseTech, a managed services provider in Columbia, company officials announced Tuesday. The addition of EaseTech will provide a new region for Thrive to offer its suite of cybersecurity, hybrid Cloud, global network management, disaster recovery and compliance-driven NextGen services. Throughout its 26 years of service in the finance, legal and education verticals, EaseTech has become regarded in the industry as one of the most respected MSPs serving the mid-Atlantic. (Daily Record)

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Harbor Group International acquires Hyattsville property for $58.85M

Harbor Group International LLC, a privately-owned international real estate investment and management firm, announced Tuesday the purchase of the Palette Property in Hyattsville for $58.85 million, a 243-unit community built in 2012 in the and located in the city’s Arts District. The Palette Property provides direct access to major employment centers in Washington and Baltimore, situated less than 1 mile from the Riverdale MARC Station and less than 2 miles from Prince George’s Metro Station. (Daily Record)

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Microsoft Tried A 4-Day Work Week — And Productivity Soared

For those of you dreaming of a shorter work week, there's new evidence that suggests only four days at the office would benefit employers and employees alike. Just ask Microsoft, which tested a shorter work week in Japan and gave workers in Tokyo every Friday off this past August. The company gave special paid leave to workers to account for their fifth day, but also subsidized expenses employees incurred for volunteering, taking classes or taking family trips. (CBS News)


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Maryland's second-highest court upholds sanctions against 'Money Guys'

Philip Rousseaux and his Towson investment firms will remain barred from doing business in Maryland after sanctions imposed by the state's securities regulator were upheld by the Court of Special Appeals. The Maryland securities commissioner acted within her authority when she issued an order two years ago revoking Rousseaux's investment adviser representative registration and fining him and his companies $255,000, according to the Oct. 31 court opinion. (Balt. Bus. Journal)

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Brown Goldstein & Levy inks deal to expand downtown

Brown Goldstein & Levy is staying put in its home of nearly 20 years with plans to take over an entire floor at 120 E. Baltimore St. The 35-year-old law firm that specializes in criminal and civil litigation signed a deal in October to remain a tenant in what has long been known as the SunTrust tower at Calvert and Baltimore streets. (Balt. Bus Journal)

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Chris Davis donates $3M for new operating suite at UMd. Children's Hospital

Orioles' first baseman Chris Davis and his wife Jill have donated $3 million toward a lab and operating room expansion at the University of Maryland Children's Hospital in Baltimore. The gift accelerates a project that was already in the hospital's five-year plan, to instead be completed within 18 to 24 months, said Dr. Mohan Suntha, CEO of the University of Maryland Medical Center.  (Balt. Bus Journal)

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UAW ratifies deal with Mack; local agreement rejected

Members of the United Auto Workers union have ratified a new four-year collective bargaining agreement with Mack Trucks that covers approximately 3,500 employees at six facilities in Pennsylvania, Maryland and Florida. While the main labor agreement was ratified by a 79% vote, a local agreement was rejected by workers at the Volvo Group plant near Hagerstown. Volvo Group is Mack’s parent company. (Herald-Mail)

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