Wayne
-
122-Year-Old ‘Ravenscliff’ Mansion in Wayne Lists For Millions
In Wayne, a 122-year-old mansion deemed Ravenscliff is on the market for $11.875 million. With only two previous owners, who will be the third to grace the halls of this expansive property? Jonathan Diamond has the details at the Philadelphia Business Journal. It was originally built on a 126 acres in 1904 for railroad magnate…
-
Wayne-Based Teleflex Pressured by Activist Investor to Consider Acquisition Offers
Irenic Capital Management is pushing Wayne-based Teleflex to evaluate potential acquisition offers and replace Dr. Stephen Klasko in his role as chairman, writes John George for the Philadelphia Business Journal. The activist investor sent a letter last week to the medical device company’s board, urging it “to immediately take a more constructive and responsible approach to evaluating strategic alternatives.” …
-
Radnor Nixes Eminent Domain for Valley Forge Military College Land
Radnor Township has reached a deal with the Valley Forge Military Academy Foundation over 17 acres of land in Wayne and is ending its eminent domain plan, writes Ryan Mulligan for Philadelphia Business Journal. The land is currently used by Valley Forge Military College. The Radnor Township Board of Commissioners had started eminent domain…
-
Wayne-Based Guardian Capital Partners Closes Fourth Fund With $441M
Wayne-based Guardian Capital Partners has closed its fourth fund, marking its largest raise by far since the firm launched in 2008, at $441 million, writes Jeff Blumenthal for the Philadelphia Business Journal. Co-founders of the leveraged buyout private equity investor focused on the lower end of the middle market, Peter Haabestad and Scott Evans, believe Guardian Capital Partners Fund IV…
-
Plans Advance to Transform Wayne Office Building into 162-Unit Apartment Complex
Following required approvals, the partnership of Malvern-based E. Kahn Development, Wayne-based Love Communities, and Harrisburg’s Triple Crown Corp. is proceeding with plans to convert a Wayne office complex into 162 apartments, writes Paul Schwedelson for the Philadelphia Business Journal. The partnership purchased the then half-empty property for $10.2 million, taking a calculated risk on whether a future conversion would be approved given the…
-
Di Bruno Bros. Pull Back Sad, But Not Surprising, Customers Say
Di Bruno Bros. customers will miss the three stores that are closing in Wayne, Ardmore, and Center City, but they aren’t surprised by the move, writes Denali Sagner and Michael Klein for The Philadelphia Inquirer. The gourmet food grocer decided to refocus its energy on stores at the Italian Market and Rittenhouse, as well as…
-
Sign Code Typo Cost Wayne Business Owner David Mackey Thousands
When David Mackey moved the Philadelphia Print Shop to the former Antiquities Etc. on Lancaster Avenue in Wayne, he took his sign with him, writes Richard Ilgenfritz for Main Line Times & Suburban. It had hung over his business at two previous Wayne locations and was smaller than the sign that had hung at the Antiquities…
-
Outside-Box Thinking Keeps Temple Men’s Basketball Fresh Under Wayne’s Adam Fisher
Creative, outside-the-box thinking has helped Wayne’s Adam Fisher keep Temple University’s men’s basketball program feeling energized and forward-moving since he stepped into the role two seasons ago, writes John DiCarlo for the Main Line Today. Fisher, who stepped in after Aaron McKie, a former 76ers star, has spent the last two years navigating the sport’s…
-
Wayne-Based PPR Capital Management Joins Forces to Acquire Townhome Development in Limerick
PPR Capital Management of Wayne, the Philadelphia area’s fastest-growing private company, joined forces with Plymouth Meeting’s Bel Canto Asset Growth Fund to acquire Botanica Cottages, a garden-style townhome development located in Limerick, writes Paul Schwedelson for the Philadelphia Business Journal. The financial terms of the deal were not disclosed. The development sits close to the intersection of Limerick Center Road and West Ridge…
-
Charter School at Valley Forge Academy in Wayne Gets Public Airing
A public service charter school being proposed at the former Valley Forge Military Academy in Wayne was presented to the community Dec. 4 at Radnor Memorial Library, writes Madeleine Wright for CBS News Philadelphia. The Valley Forge Public Service Academy Charter School has been proposed at the Military Academy, which is closing. It would enroll 450…
-
Wayne Art Center Cultivates Community Joy Through Education
The Wayne Art Center is one of many local centers creating community connections through fine art, writes Lily Henderson for Main Line Today. Art classes serve as a popular way for residents of all ages to meet new people and gain a new skill. For patrons of the Wayne Art Center, this means choosing from…
-
Wayne-Based Berger Development Breaks Ground on $40 Million Trolley Square Apartments
Berger Development, based in Wayne and part of Berger Communities, recently broke ground on Trolley Square Apartments in Wilmington, writes Ryan Mulligan for the Philadelphia Business Journal. Located in Wilmington’s bustling entertainment and dining district, the 130-unit project will cost $40 million to complete. The company now has four ongoing projects, following the completion of…
-
Valley Forge Military College in Wayne On Board With Trump Compact
The Valley Forge Military College in Wayne wants to join President Trump’s Compact for Academic Excellence in Higher Education, a plan for conservative colleges. President Trump has described the compact as part of his “war on woke,” writes Ryan W. Briggs and Max Marin for The Philadelphia Inquirer. It promises federal funding if university administrators…
-
Valley Forge Military Academy Plans to Go Virtual During the Holidays
Valley Forge Military Academy in Wayne will switch to virtual learning between Thanksgiving and the New Year, writes Max Marin and Ryan W. Briggs for The Philadelphia Inquirer. The 80 cadets would be welcomed back in person starting in January to finish out the school year. However, school leaders did not definitely say the Academy…
-
Closed Door Plans for a Charter School Preceded Valley Forge Military Academy Closing
Even as Valley Forge Military Academy struggled toward closure, another plan was quietly in the works at the Wayne campus to open a First Responders charter school there, writes Max Marin and Ryan W. Briggs for The Philadelphia Inquirer. The Valley Forge Public Service Academy Charter School proposes to open next fall. This past September,…
-
Valley Forge Military Academy Is Closing After Nearly 100-Year Run
High costs and falling enrollment are forcing the nearly 100-year-old Valley Forge Military Academy in Wayne to close in 2026, writes Ryan Mulligan for Philadelphia Business Journal. There are currently 120 students at the school for grades seven through 12. The Academy has had its share of dignitaries graduate from the school, including former U.S.…
-
Group of Locals Work to Give Wayne’s Anthony Wayne Theater A New Life
A group of locals have been working to give the shuttered Anthony Wayne Theater new life as an elevated dining and entertainment destination, writes Gina Lizzo for the Main Line Today. At the moment, the semi-gutted interior of the Wayne Theater presents an eerie sight. The inspiring effort to bring the Wayne space back to…
-
Wayne Dentist Joins the Mountaineering Elites After Conquering the Seven Summits
Wayne-based mountaineering dentist Bruce Terry is one of the few members of the prestigious Seven Summits climbing club, after having successfully conquered all seven peaks, writes Ben Silver for the Main Line Today. Terry caught the climbing bug when his wife gifted him a trip to climb Mount Rainier for his birthday years ago. He…
Founding Partners
Advertisement
Affiliate Partners
