Indianapolis-based Bloomerang acquires Florida-based software firm
Bloomerang, which offers software tools for not-for-profit organizations, says its acquisition of Florida-based Qgiv will help fuel growth.
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Indianapolis-based Market Wagon acquires St. Louis company
Indianapolis-based Market Wagon, which offers home delivery of food and artisan items, has grown its customer base in the St. Louis area with the purchase of Find Your Farmer Inc.
2023 Year in Review: Lilly had a ‘big-deal’ year
Among other big dealmakers in 2023 was Hillenbrand Inc., Jasper-based Kimball International Inc. and Noblesville-based Helmer Scientific Inc.
Indianapolis tech startup Arrive to go public via merger
Indianapolis-based Arrive, which did business as DroneDek until a rebranding earlier this year, offers smart mailboxes for package delivery.
Windsor Wealth Management acquired by fast-growing Corient
Indianapolis-based Windsor Wealth Management had 14 employees and $1.9 billion in assets under management when Corient acquired the firm.
Indianapolis wealth management firm acquired by North Carolina business
Column Capital Advisors, an 18-year-old Indianapolis firm, is the second Hoosier firm to be acquired by Captrust Financial Advisors.
Emmis leads $48M investment into Israel-based ad-tech startup
Emmis was the lead investor in Anzu, an Israel-based company that has developed technology that allows companies to insert targeted ads into video games in a nonintrusive way.
Carmel-based software business Baker Hill set for new ownership
Established in 1983 by entrepreneurs Mark Hill and Karen Hill, Baker Hill is a software-as-a-service firm that provides loan origination, risk management and analytics software to more than 400 banks and credit unions.
Indy-based Luna Language Services acquired by Philadelphia firm
Luna was founded in 2001 Luna Language Services and provides interpreting and translation services to a client base that includes some of Indiana’s largest employers.
Indiana venture activity shows signs of strength in down market, report says
PitchBook’s first-quarter venture report, released this week, shows that venture activity declined sharply year-over year nationwide, but the picture was rosier in Indiana.
Indianapolis-based Studio Science acquires RevTech360
Steve Pruden, CEO of design and innovation consulting firm Studio Science, said the acquisition of RevTech360 adds new technical capabilities to Studio Science’s lineup.
Some companies captured the rise in venture capital but now see slowdown
Local sources see the current slump in venture investing as a correction following a period of overheated activity.
Carmel-based Rangeline Solutions eyeing growth under new ownership
Rangeline Solutions, a Microsoft partner that offers supply-chain consulting services, has been acquired by Sweden-based Nexer, which plans to grow Rangeline’s Carmel office as part of its broader U.S. expansion plans.
Indiana Wesleyan acquires Eleven Fifty’s assets, plans to continue operating coding school
Marion-based Indiana Wesleyan University said it plans to continue operating Eleven Fifty Academy as a not-for-profit organization, with new classes beginning early next year.
Idaho investment firm acquires controlling stake in Sharpen Technologies
Indianapolis-based Sharpen, which was founded in 2011, topped IBJ’s list of fastest-growing private companies last year.
Fishers tech startup Docket winds down operations, staff joins Zoom
Docket, which launched in 2019, wrapped up its operations in September after the meetings-platform company Zoom hired its team. In 2020, Docket had won Zoom’s annual “Whale Watch” competition, scoring a $1.25 million venture investment as a result.
Indianapolis-based ed-tech firm Willo acquired by textbook retailer Follett
Follett, an educational services company with about 6,000 employees nationwide, said it plans to keep Willo’s employees, local Indianapolis presence and brand name. Plans also call for expanding Willo’s 15-person staff.
High Alpha portfolio company Structural acquired by Minnesota-based firm
Structural, which offers an employee-engagement software platform, was launched in 2017 by Indianapolis-based venture studio High Alpha.
SkyWater project critical in microelectronics push
The proposed $1.8 billion semiconductor facility at Purdue University isn’t as flashy as chip-related announcements in other states, but it might be the IEDC’s most significant step so far in reviving the state’s once-booming electronics industry.
Cummins investing $24M in German battery startup
Cummins is investing in VoltStorage, a Munich, Germany-based company that develops and produces batteries based on redox flow technology, a more environmentally friendly alternative to lithium-ion batteries.