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    RICHMOND, VIRGINIA

    Strategy and operations consulting in Richmond.

    Richmond is Virginia's capital, with state government, the Federal Reserve Bank of Richmond, a cluster of large corporate headquarters, tobacco and consumer products, and a growing logistics and data-center presence.

    THE LOCAL ECONOMY

    What drives business in Richmond.

    State government, Virginia Commonwealth University and VCU Health provide a stable base, and Capital One's large operations in the western suburbs dominate financial-services employment. Altria, Dominion Energy, Markel and CarMax keep headquarters in the region. Data centers and distribution centers have spread into Henrico, Chesterfield and Hanover counties along I-95 and I-64.

    Notable employers

    • Capital One
    • Altria
    • Dominion Energy
    • Markel Group
    • CarMax
    • VCU Health

    Institutions

    • Virginia Commonwealth University
    • University of Richmond
    • Federal Reserve Bank of Richmond

    WHAT COMPANIES HERE FACE

    The decisions in front of Richmond management teams.

    Mid-market firms here pay less for labor and space than in Northern Virginia but compete with Capital One and the state for finance, IT and analytics staff. Distributors benefit from I-95 and I-64 but face rising warehouse rents as data centers and logistics compete for land and power. Many family-owned companies in the region are reaching ownership transitions.

    COMMON QUESTIONS

    Working with Aryo in Richmond.

    Yes. We work with owner-led, mid-market and private-equity-backed companies across the Richmond metro area, including Henrico, Chesterfield, Glen Allen and Midlothian.

    START A CONVERSATION

    Tell us about your business in Richmond.

    A senior member of the team will reply within one business day.

    Discuss the opportunity.

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