Accountants point to aging partners at firms who are looking to retire, more complex regulations and an attractive local business climate as reasons out-of-town accounting firms are looking this way.
Shares of the California-based cloud computing giant continue to lag after last week’s announcement of its $2.5 billion offer for Indy-based marketing powerhouse ExactTarget.
In a company memo, ExactTarget CEO Scott Dorsey assures employees of their importance after announcing deal to sell the company for $2.5 billion.
ExactTarget CEO Scott Dorsey said the company will remain “very committed to Indianapolis” after its $2.5 billion buyout by tech giant Salesforce.com, but he would not comment on potential changes to the local work force of more than 1,000 employees.
The $11 billion deal could well result in the elimination of some overlapping routes the carriers operate out of Indianapolis International Airport. Together, the two airlines have a combined market share of nearly 24 percent in Indianapolis.
Indianapolis-based ExactTarget Inc., which grew up as an e-mail blasting company focused on consumers, is trying to entrench itself as a one-stop shop for smartly interacting with all manner of customers.
The newly public tech company said it paid $95.5 million for Atlanta-based Pardot LLC and $21 million for Indianapolis-based iGoDigital.
Facility Concepts Inc.’s purchase of Classico Seating in Peru, Ind., gives the manufacturer of restaurant furniture about 100 employees and 250,000 square feet of manufacturing space.
The local Zender Family Limited Partnership again is attempting to sell the buildings after failing to attract a suitable buyer four years ago. The family is expecting better results this time because it’s willing to break up the portfolio and sell the buildings individually.
When BrightPoint officials saw conditions in the cell phone distribution business take a turn for the worse, they were quick to cash out while the going was still good.
The deal, effective July 17, will give the Michigan City bank its first presence in Central Indiana.
Sale to managers would alleviate problems for company’s 70-year-old namesake and keep firm from being seized by bank.
Indianapolis-based holding company Schwarz Partners LP has formed a joint venture with The Kraft Group LLC to buy two major paper mills from industry giant International Paper Co. The mills are part of a three-mill sale worth $470 million.
Wheaton World Wide Moving is buying the nation’s oldest and one of its largest household movers, Bekins Van Lines. The deal is expected to bring 38 jobs to Wheaton’s northeast-side headquarters.
Companies looking to license and crunch massive amounts of data as part of their product development are turning to Purdue University for help.
As deadlines loom, private equity firms, others, move to deploy capital.
Roche Diagnostics will partner with a San Diego firm to incorporate its continuous glucose monitoring sensor with a wireless handheld device Roche is developing to help diabetics test their blood sugar and track their glucose levels throughout the day.
Investors have bid up shares of Duke Realty 13 percent since the company announced it was selling a huge portfolio of office buildings for $1.1 billion.
Indianapolis’ largest commercial interior design business has been purchased by the national architecture firm that designed Lucas Oil Stadium.
Ice Miller is among the firms that merged this year and Baker & Daniels is exploring a merger.
