Oak Street Funding raises $50 million in new capital
German group invests in Carmel-based company that specializes in financial services for insurance agencies.
Hamilton County
Articles
Carmel arts foundation adds directors; Stutz names residents
The Carmel Performing Arts Foundation has appointed its first independent board members, Rollin Dick and Rosemary Waters.
In downtown Indianapolis, two local artists will receive free studio space in the Stutz Building
for the next year.
Singer Michael Feinstein signs Carmel contract
The incoming head of Carmel’s new $118 million performing arts center says singer Michael Feinstein has agreed to become the
center’s artistic director.
Fishers biz grows from dog-walking to full-service pet care
Cristi Melson started Purrs & Gurrs 2-1/2 years ago with an idea and some fliers she distributed door to door. She
didn’t have a formal business plan then and still doesn’t.
Union sues Conseco over restatement
Carmel-based Conseco Inc. faces a shareholder lawsuit by a union pension fund over an earnings restatement the company made
18 months ago.
Area home sales, prices still falling
Home-sale agreements in the nine-county Indianapolis area dropped 3.1 percent in July over the same month a year ago, according
to a report released yesterday by F.C. Tucker Co.
BREAKING: Schrenker sentenced to 51 months in prison
Indiana money manager Marcus Schrenker was sentenced to 51 months in federal prison today in Florida on charges that he deliberately
crashed his plane to fake his own death and flee financial ruin, according to the Pensacola News Journal.
Director of Carmel performing arts center says venue will be ‘amazing’
Steven Libman believes he’ll have no trouble raising money for a $3 million operating budget, and says he plans to
pack the calendar with big-name acts.
Marcus Schrenker gets prison sentence
The Indianapolis money manager who crashed his plane and parachuted to safety in an elaborate scheme
to fake his death and flee financial ruin, has been sentenced to more than four years in federal prison.
Dental startup locating in Noblesville
Therametric Technologies Inc., a developer of dental health technology, said today it will locate its headquarters and manufacturing
operations in Noblesville, and plans to create 40 jobs by 2013.
Carmel tech staffing firm Sales Diesel closes
Sales Diesel, a Carmel company that provided salespeople for technology companies, appears to be out of business. The firm’s Web site was taken down last week and calls to its 11590 N. Meridian St. offices were not returned.
Hamilton County Alliance spins off entrepreneurial center
The Hamilton County Alliance economic development group has spun off its Entrepreneurship Advancement Center, which serves
fast-growing startup businesses in Carmel, Fishers, Noblesville, Westfield and the rest of Hamilton County.
Harbour Trees Golf Club sells hole sponsorships to raise cash
At a time when most central Indiana golf courses are hurting for income, Harbour Trees Golf Club is getting a windfall
from a unique revenue source.
Carmel’s Dormir raises $12M from VC firms
Carmel-based Dormir Inc., which operates sleep study centers and sleep equipment stores around the country, raised $12 million
in venture capital from three out-of-state firms.
Banks building new branches despite online age
Bank transaction counts—the number of people going into banks to make a deposit, cash a check or
conduct some other form of business—have declined in recent years with the increased popularity
of direct deposit, online banking and easy ATM accessibility. So why add branches?
Westfield moves ahead with sports facility plan
A study commission has concluded that a major development involving a new youth-sports complex would be viable for Westfield,
the city announced this morning.
Carmel grapples with rec center finances
A new business plan is in the works for the high-end Monon Center in Carmel.
A taste of summer: CPA spends summers as ice cream man
Certified public accountant Dave Norris bought a 1976 Good Humor truck and started his family-owned U Want Ice Cream mobile
route in 2007, aiming to make a personal connection with people—along with
a little extra money.
Potential obesity breakthrough boosts Marcadia
Favorable article in prestigious journal could draw attention to Carmel biotech startup.
Conseco reinsurance deal swaps profits for cash
Carmel-based Conseco Inc., still a bit strapped for cash, brought in a reinsurance company to shoulder some of the risk
of its life insurance policies. Minnesota-based Wilton Reassurance Co. will pay $57.5 million to Conseco as a ceding
commission to co-insure and administer 104,000 policies held by Conseco subsidiaries.