Indianapolis-based SBC Wealth Management merged into NYC firm
SBC, founded in 1983, is now part of New York City-based Cerity Partners, which has dozens of offices around the U.S. and about $104 billion in assets under management.
Fastest-Growing Companies
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IBJ Podcast: From humble beginnings, apartment developer built $500 million firm in 10 years
Eric Garrett grew up in Evansville below the poverty line. In the latest edition of the IBJ Podcast, he discusses launching The Garrett Cos. from a barn in his backyard in Greenwood and the strategy that created the 37th largest private company in Indiana in less than 10 years.
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Articles
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.
Indianapolis personal care products manufacturer Mansfield-King acquired
Founded in 2005 by Charles Haywood, Mansfield-King develops and manufactures products that are sold under its customers’ brand names. The east-side company has 154 employees.
FAST 25: Tech Trades
Eight years ago, Mark Hall bought Tech Trades out of receivership. The timing, he said, turned out to be perfect.
FAST 25: Bottom-Line Performance Inc.
3-year growth: 72 percent 2014 revenue: $2.7 million Changing the business: Like many companies, Bottom-Line Performance experienced a big downturn in 2008-2009. The company was 100-percent service-based, creating training programs for customers to support product launches or customer education. President Sharon Boller said she realized that “survival and growth would have to come by diversifying—offering […]
FAST 25: Mansfield-King
President Charles Haywood said Mansfield-King’s growth can be traced to innovation and execution.
FAST 25: The Etica Group Inc.
The Etica Group, which started 10 years ago as an architecture and engineering firm, has morphed into a company with four core areas: architecture design (renovation and rehab for higher education and industrial/pharmaceutical work); engineering design (sanitary sewer and storm water projects); a building envelope division (maintaining exteriors); and construction observation.
FAST 25: Lauth Group Inc.
A growing economy, low interest rates, available capital and pent-up demand are some of the reasons real estate developer Lauth Group Inc. cites for its growth.
FAST 25: enVista
Over 13 years, enVista has regularly added services to help clients reduce cost and eliminate waste from supply chains.
FAST 25: Office 360
It’s tough to compete against Staples, Office Depot and Office Max, Steve Nahmias, a principal, said, but “a lot of companies and organizations in Indiana prefer to do business with a local company."
FAST 25: Sun King Brewing Co.
Sun King has grown so much since its founding in 2009 that, at the end of 2014, it was forced to stop distributing its beer outside central Indiana because of laws limiting production capacity.
FAST 25: Mainstreet
When you have a health care business for which “there’s a tremendous need and virtually no product”—which Mainstreet founder and CEO Zeke Turner said is what his company has—growth potential would seem unlimited.
FAST 25: DeveloperTown
If you’re going to hire DeveloperTown, Managing Partner Michael Cloran said, do so at the start of a project.
FAST 25: MSW LLC
CEO Yousuf Mahomed said his supply chain company tries to keep things simple: Grow with existing customers and increase the customer base.
FAST 25: SmartIT
Chief Operating Officer Paul Rothwell estimates that half of SmartIT’s growth comes from being able to provide more services for its existing clients.
FAST 25: Fitzmark Inc.
Vice President of Sales Corey Groepper said Fitzmark has grown its logistics business by gaining new customers and taking care of the old ones.
FAST 25: TMG Construction Management Inc.
MG principals Mike and Tammy Goins and their employees spent a lot of time in Cincinnati and Columbus, Ohio, in 2014, building restaurants for the owners of Bakersfield (the taco/tequila/whiskey restaurant that’s also on Mass Ave in Indianapolis), Fusian (casual fish restaurant) and Krueger’s Tavern (homemade sausage and craft beer).
FAST 25: Element Three
President Tiffany Sauder said that by giving clients marketing materials that combine “Silicon Valley intellect and Madison Avenue creativity, and forcing a collision,” business has continued to grow at Element Three.
FAST 25: Spot Freight Inc.
Like Uber, which owns no cars, and Airbnb, which owns no hotels, Spot Freight owns no trucks.
FAST 25: RenCon Services Inc.
A lot of hard work, a little bit of luck and a better economy: Those are the reasons behind the success of RenCon, said co-owner Jeremy Bergunder.