Lack of a disclosed price kept deals off the list

Keywords Deals
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A number of acquisitions last year disclosed no sale price.

In the Indianapolis area, those deals ranged from OneAmerica’s acquisition of benefits firm McCready and Keene Inc. to Herb Simon’s pickup of the Kirkus Reviews, a venerable journal of prepublication book reviews.

• Bloomington Hospital was merged into Clarian Health on Jan. 1.

• Indianapolis-based HP Products Corp., a distributor of janitorial supplies, on Jan. 4 acquired Great Lakes Supply and Chemical, also a janitorial supply distributor, headquartered in Michigan City.

• Indianapolis-based Commercial Office Environments, one of the largest contract furniture dealers in the state, on Jan. 7 acquired Area 4 Office Furniture, also in Indianapolis.

• Grocers Supply Co., an Indianapolis-based wholesaler of grocery, candy, tobacco and paper products, on Jan. 20 acquired K Enterprises of Danville. K Enterprises distributes snacks and other products to liquor stores.

• Sigma Micro Corp., an Indianapolis company that provides retail management software systems, was sold Jan. 26 to Stark Brothers Fulfillment Services of Louisiana, Mo. The combined company was renamed Fifth Gear.

• StanCorp Investment Advisers of Portland, Ore., bought Indianapolis-based Redwood Investment Advisers on Feb. 12. Redwood was a fee-based firm focused on asset management, tax and financial planning for wealthy people and pension plans.

• Herb Simon, co-founder of Simon Property Group Inc. and owner of the Indiana Pacers, on Feb. 11 bought Kirkus Reviews from New York-based Nielsen Co. Nielsen had planned to close the venerable journal of prepublication book reviews.

• Beck’s Hybrids, a seed company based in Atlanta, on Feb. 15 acquired Wilken Seeds of Pontiac, Ill.

• Carmel-based Blue Horseshoe, a software consulting firm, on Feb. 17 bought TransTech Consulting Inc., a management consulting firm in Columbus, Ohio.

• Indianapolis-based Moongate Technologies was acquired Feb. 23 by Dewpoint Inc., another information technology consulting firm. Dewpoint is headquartered in Lansing, Mich.

• St. Francis Hospital and Health Centers on March 15 acquired Joint Replacement Centers of Indiana, a six-surgeon orthopedics practice in Mooresville.

• U.S. Infrastructure Corp., an Indianapolis-based underground utility-locating service headquartered in Indianapolis, was acquired April 21 by OMERS Private Equity in New York. U.S. Infrastructure was the largest outsourced service of its type in the nation, operating in 20 states for more than 400 utilities.

• CountryMark, an Indianapolis-based, farmer-owned cooperative, on May 11 acquired Core Minerals, an oil exploration, drilling and production company headquartered in Evansville.

• MaxIT Healthcare LLC in Westfield acquired Parker, Colo.-based Ingenuity Solutions Group Inc. on May 19. MaxIT is a consulting firm specializing in health care information technology. Ingenuity focused on enterprise resource planning systems.

• Indianapolis-based United Package Liquors Inc. on June 1 acquired Chuck’s Liquor Outlet of Bowling Green, Ky., adding four stores.

• OneAmerica Financial Partners acquired McCready and Keene Inc., the fifth-largest employee benefits firm in the Indianapolis area, on July 1.

• DCL Medical Laboratories LLC was sold July 13 to Laboratory Corporation of America Holdings, which is headquartered in Burlington, N.C. DCL was owned by Thompson Street Capital Partners of St. Louis, Mo.

• Harrington Wealth Management, a Fishers-based subsidiary of Los Padres Bank in Los Angeles, was acquired Aug. 23 by San Diego-based PacWest Bancorp as part of a deal brokered by the Federal Deposit Insurance Corp. Harrington provided trust and investment management services to individual and institutional clients of Los Padres.

• Chicago-based globe maker Replogle Globes Inc. was acquired Aug. 23 by Herff Jones Inc., an Indianapolis-based maker of products for the education industry.

• Indianapolis-based ExactTarget on Aug. 24 acquired Australia-based mPath Global, which has distributed ExactTarget’s e-mail marketing technology and services throughout Asia Pacific since 2005.

• RealMed Corp., an Indianapolis-based health care software firm, was acquired Sept. 2 by Availity LLC of Jacksonville, Fla.

• Hat World Inc., a retailer and manufacturer of sports hats and apparel, on Sept. 2 purchased New York-based Anaconda Sports Inc., one of the largest independent team sporting goods dealers in the country.

• Indianapolis-based Dow AgroSciences LLC on Sept. 2 acquired Colorado-based seed company Grand Valley Hybrids.

• The Indianapolis accounting firms of Murphy McClary Stove and Burnett LLC and Horn CPA Group PC merged Sept. 8, and now operate as Meridian CPAs.

• Ash Brokerage Corp., headquartered in Fort Wayne, on Sept. 29 acquired Indianapolis-based InSource Inc., another annuity brokerage.

• Connect Communications, a telecommunications provider headquartered in Indianapolis, was acquired Oct. 13 by Appia Communications of Traverse City, Mich.

• Arcadia Resources Inc. on Oct. 21 sold its Home Health Care Products LLC subsidiary to Home Health Depot Inc. Both companies are headquartered in Indianapolis.

• StreetLinks National Appraisal Services LLC, a residential appraisal firm headquartered in Indianapolis, on Oct. 25 acquired 51 percent of Milwaukee-based Corvisa LLC. Corvisa provides software for mortgages and appraisals.

• Carmel-based insurance lender Oak Street Funding LLC was acquired Oct. 28 by Angelo Gordon & Co., a New York private equity fund. Oak Street provides loans to insurance agents in order to expand their business and increase sales.

• TKO Graphix on Nov. 3 acquired Plainfield Sign & Graphic Design Inc. and Elite Sign Co. Inc. All parties are headquartered in Plainfield.

• Morristown Grain Co. Inc. in Morristown was acquired Nov. 8 by Bunge Ltd., an exporter headquartered in White Plains, N.Y.

• Carmel-based Advantage Medical Equipment and Supply was acquired Nov. 8 by Scrip Cos., a specialty health care distributor headquartered in Bolingbrook, Ill.

• Brown & Brown Inc., a benefits brokerage headquartered in Daytona Beach, Fla., acquired Indianapolis-based brokerage Mavum Consulting LLC on Nov. 24.

• Open Portal Systems in Greenwood was acquired Dec. 1 by Appriss Inc., a Louisville-based provider of public safety technology.

• Nyhart, an Indianapolis-based actuary and employee benefits consulting firm, on Dec. 22 acquired the Kansas City business unit of Alliance Benefit Group North Central States.

• Monument Chemicals Inc., an Indianapolis-based joint venture between The Heritage Group and the Grube family, was acquired June 2 by Michigan-based Dow Chemical Co. Monument developed specialty chemical technology.

Real estate

• Friendly Village, a 527-lot mobile home park in Greenwood, was sold June 24 to Illinois-based Indy Mobile. The prior owner, Choice Properties Inc., had been in receivership.•

– IBJ staff

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