About 4,500 employees of ADESA and KAR will be transferred to Carvana as part of the sale. That’s just under 50% of the company’s total head count. According to IBJ research, KAR has about 9,600 employees worldwide and 1,150 employees in Indiana.
Under the relatively rare model, a bank offers its expertise and capabilities to a fintech, allowing the fintech to provide iservices that require the involvement of a federally regulated and insured institution.
No longer in a renovated barn, the Rail reboot will be reminiscent of original business model that combined sandwiches with a market.
Carmel-based KAR Auction Services Inc. on Wednesday reported better-than-expected fourth quarter earnings and full-year results that were much better than the previous year’s.
For at least the next five years, Fifth Third Bank will be naming-rights sponsor of box offices at Carmel’s Center for the Performing Arts.
The long-running footwear store will own space below the residential condominiums at the Old Meridian Street location and lease some of it to other retailers.
It’s the latest twist in a long-running story involving Dr. Timothy Story, who worked for St. Vincent Medical Group for a decade, but was fired in August 2020 after St. Vincent learned of a federal investigation into his prescribing practices.
Torchy’s, which launched as a food trailer in Austin in 2006, opened its first Indiana restaurant last April in Jeffersonville.
Jake Gilbert, head football coach at Westfield High School, has coached the Shamrocks since 2010 and was elected to the city council in 2019.
Real estate executive Turner Woodard has closed on the acquisition of the former Horton Fan Factory in Carmel and plans to market it to an array of potential users.
The Utah-based gourmet cookie franchise arrived in Indiana with five stores in 2021, starting with a Fishers location a year ago.
Matt Trnian has worked in various management positions at Grand Park Sports Campus since its opening in 2014.
With the acquisition of British Columbia-based Groundswell Cloud Solutions, GyanSys now has more than 250 employees who work in the firm’s Salesforce practice.
DriverReach, founded in 2016, offers a platform that makes it easier for customers to hire commercial truck drivers. The company said it plans to use its additional funding on hiring and product research and development.
The buyer, who is based in Houston, has had multiple restaurants in downtown Indianapolis, including a Mo’s, A Place for Steaks, along with Nook and most recently Pomodoro.
3C Labs LLC, a cannabinoid research and manufacturing firm, intends to invest $1.5 million in expanding its Indy-area operations, according to a contract with the Indiana Economic Development Corp.
Owner Tracy Gritter opened Gallery 116 at 8597 E. 116th St. in 2002 inside a bungalow-styled building that had recently served as the Fishers Town Hall.
Brizzi, who experienced a number of setbacks and controversies throughout his career, was an of-counsel attorney with Lewis and Wilkins LLP at the time of his death.
Homeowners locally and nationwide, far from being deterred by supply-chain snarls, are showing increasing interest in remodeling.
A Carmel couple intends to open four more learn-to-swim pool facilities, with Avon on deck after Noblesville.
