Bala Cynwyd
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Bala Cynwyd’s Isdaner & Co. Aquire Kennett Square Micro Accounting Firm
Kennett Square-based RW Group, a micro accounting firm of only four employees, is being acquired by Isdaner & Co., a Bala Cynwyd-based midsized accounting and consulting entity. Jeff Blumenthal covered the move for the Philadelphia Business Journal. The acquisition will be completed on January 1. This is Isdaner’s first acquisition in over a decade, with…
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Watching ‘Real Housewives’ Helped Conshohocken’s Venture Capitalists Bring Super Bowl Champion into Fold
Conshohocken-based SeventySix Capital can thank The Real Housewives reality show for getting the chance to add the three-time Super Bowl champion James Develin into its team, writes Ryan Mulligan for the Philadelphia Business Journal. Develin said it was his disinterest in the popular show that led him to his new career as a venture capitalist.…
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Bala Cynwyd’s WatchBox Amassed $165M Investment by Focusing on Customer Relationships
Justin Reis, CEO of Bala Cynwyd-based WatchBox, put together a successful $165 million investment from a number of Wall Street titans and famous athletes, such as Michael Jordan, by focusing on relationships with the company’s existing clients, writes Kennedy Rose for the Philadelphia Business Journal. The funding round for the luxury watch reseller was led…
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Unexpected Discovery of Yearbook Signed by Kobe Bryant Nets Lower Merion Grad More Than $33K
When Robert Wasserman, a Lower Merion High School graduate, found his Bala Cynwyd Middle School yearbook in his parents’ attic in Wynnewood, he did not immediately realize he had found his golden ticket when he saw the book contained a personal inscription from classmate Kobe Bryant, writes Bruce Adams for the Main Line Times &…
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Michael Jordan Among Investors Who Helped Bala Cynwyd-based WatchBox Raise $165M in Growth Capital
Bala Cynwyd-based WatchBox, a Govberg Jewelers spinoff, has managed to raise $165 million in growth capital from an investor group that includes Michael Jordan, Giannis Antetokounmpo, and Michael Strahan, writes Kennedy Rose for the Philadelphia Business Journal. The startup is a watch reseller that has both brick-and-mortar and e-commerce stores. It is projected to bring…
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Bala Cynwyd-based AI and Fraud Prevention StartUp Guardinex Raises $5M Series A
Bala Cynwyd-based Guardinex, an artificial intelligence fraud prevention startup founded by Aravind Immaneni, a former head of global operations and fraud prevention at Citi, secured $5 million for its Series A, writes Kennedy Rose for The Business Journals. Immaneni founded the company three years ago but kept it dormant until he left Citi last year.…
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Bala Cynwyd Boxing Promoter Russell Peltz Pens Book on 50 Years of Boxing in Philadelphia
Bala Cynwyd’s Russell Peltz, one of the region’s most recognizable figures in boxing for half a century, takes on the world of boxing in Philadelphia once again in his new book, Thirty Dollars and a Cut Eye, writes Mark Zimmaro for the South Philly Review. The famous promoter oversaw more than 1,000 boxing events as…
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Bala Cynwyd Could Be Next Montco Town to Undergo Development Boom Like King of Prussia, Conshohocken
Bala Cynwyd is poised to undergo a major development boom over the coming years on a scale of those in King of Prussia and Conshohocken, writes Natalie Kostelni for the Philadelphia Business Journal. Tishman Speyer Properties is planning to proceed with its plans to develop 2.1 million square feet of new space. The proposal would…
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Bala Cynwyd Primary Care for Seniors Emerges from Stealth Mode with $50M in Series A Financing
Patina Health, a Bala Cynwyd home-focused primary care provider for seniors, has emerged from stealth mode with a total of $57 million raised since its inception in 2019, writes John George for the Philadelphia Business Journal. The company recently completed a $50 million Series A financing round led by some big-name Silicon Valley investors, including…
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New Coastal Mediterranean Restaurant at Ironworks Opens in Bala Cynwyd
Celebrated restaurateurs Fia Berisha (formerly Elements, Mistral) and Nicholas Elmi, James Beard Foundation Award Finalist and Top Chef Winner (Laurel, In the Valley) of BE Hospitality and The Landing Kitchen are pleased to announce the opening of a sister restaurant, Lark, in partnership with Penn Group. Located just across the river from Manayunk, Lark’s seventh-floor rooftop…
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Bala Cynwyd Victorian-era Cemetery Offers Views of Horticulture and Guided History Tours
Laurel Hill Cemetery is picturesque with elaborate tombs and headstones, where those enjoy solitude and viewing the lush horticulture. Overlooking the Schuylkill River, one can see ornate Victorian-era headstones and mausoleums that hold former wealthy elite Philadelphians, entitled Millionaire’s Row. “When John Smith created Laurel Hill in 1836 he advertised this as a place where…
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Bala Cynwyd-based WatchBox, Govberg Jewelers’ Spinoff, Rose to $300M in Sales in Just Five Years
Focusing on YouTube and e-commerce, the Bala Cynwyd-based spinoff of 105-year-old Govberg Jewelers, WatchBox, has grown to $300 million in sales within just five years of its establishment, writes Kennedy Rose for the Philadelphia Business Journal. The company is an e-commerce and brick-and-mortar watch reseller that uses both an online store and traditional sales staff…
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Bala Cynwyd Interior Designer Makes Homes Safe For Those Who Do Not Want to Move as They Age
Arlene Bobb, a Bala Cynwyd interior designer, always makes sure that a home reflects the owner’s personality, but that does not mean she does not encourage her clients to take risks with design, writes Tamala Edwards for 6abc. Her goal is to show her clients things they have not thought of while also fulfilling their…
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Former Bala Cynwyd-based PaperWorks Industries Property Sells for $4.5M
A Manayunk property that was once a paper mill for Bala Cynwyd-based PaperWorks Industries has been sold for $4.5 million to an affiliate of A.P. Construction, writes Natalie Kostelni for the Philadelphia Business Journal. The seller was Paperworks Philadelphia, while the affiliate of A.P. Construction was listed as Manayunk Renaissance. The property last traded in…
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Bala Cynwyd Office Submarket Continues to Shrink, Shift
At 2.94 million square feet, the Bala Cynwyd office submarket is already one of the smallest in the region and is about to shrink even further, writes Natalie Kostelni for the Philadelphia Business Journal. Bala Cynwyd is about to see a reduction of close to ten percent of its office space due to various but…
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Some of the Most Anticipated Restaurant Openings in the Philadelphia Area are in Montco
Lark in Bala Cynwyd, the latest project of Top Chef Nick Elmi and fellow restaurateur Fia Berisha, is among the eight most anticipated restaurant openings in Philadelphia this fall, writes Maddy Sweitzer-Lammé for Philadelphia Magazine. Fall is the best time for outdoor dining, and Montco has some of the best new restaurants coming our way.…
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Former NBC10 Studio in Bala Cynwyd Finds Its New Owner
The former NBC10 television studio in Bala Cynwyd has been sold to an affiliate of Susquehanna International Group for an undisclosed amount, writes Natalie Kostelni for the Philadelphia Business Journal. The building with the 393 E. City Avenue address located at Monument Road was put up for sale by Comcast in 2017 as NBC prepared…
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See Which Montco Cities Near Philadelphia Are the Easiest Places to Find a Job
Montgomery County is home to two of the five places near Philadelphia where it is easiest to find a job, according to a new report by www.movoto.com. Bala Cynwyd is about a 20-minute drive from the big city, which gives it easy access to many available jobs in the entire Metropolitan area of Philadelphia, especially…
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