KSM accounting firm announces Cincinnati acquisition plans
Once the acquisition closes, Cassady Schiller will become Katz, Sapper & Miller’s largest office outside of its Indianapolis headquarters.
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Visit Indy sells software platform to Pennsylvania firm
The convention and tourism group says it expects to see considerable cost savings over time from the sale of Jupiter, its customer relationship management software platform.
How the SK Hynix project came together—and another fell apart
The South Korean company’s announcement made waves across Indiana, but so did a decision by Minnesota-based SkyWater Technology to cancel its project at Purdue after not receiving hoped-for federal funding.
Allegion acquires Spanish access-control firm
Allegion, which has its Americas headquarters in Carmel, announced Monday that it has acquired Spain-based Montajes Electronicos Dorcas S.L.
Elanco to sell aqua business to Merck for $1.3B
Elanco Animal Health said it has agreed to sell its aqua business to Merck Animal Health, a move that allows it to pay down some of its debt load and invest in new pipeline products.
Andretti SPAC’s shareholders to vote on proposed merger with AI firm
If Andretti Acquisition Corp.’s shareholders approve the merger, the deal is expected to close shortly after the vote, and shares of the combined company will begin trading on the New York Stock Exchange.
Indianapolis-based angel investor group had banner year amid 2023 slump
VisionTech reported this week that it invested a total of $2.88 million into 18 different companies last year, representing an increase in both the number of deals and the total value of deals from 2022.
Local tech consulting firm Onebridge acquired by New Jersey company
Established in 2005, Onebridge is a data and anayltics consulting firm that serves the health care, life sciences, manufacturing, financial services and government sectors.
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.
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.