Cook Medical to sell reproductive health unit for $875M
The reproductive health unit includes products for obstetrics and gynecology, in vitro fertilization and assisted reproductive technology.
Mergers & Acquisitions
Articles
Three neighboring townships in central Indiana merge into one
The merged township is the first in the state, serving 29,885 residents and 12,185 households.
An acquisition can be answer to a tight labor market
Keen to beef up their workforces, some local companies are turning to a practice known as acqui-hiring—acquiring employees by buying the company they work for.
Kohl’s confirms approach about potential acquisition
Kohl’s said Monday that its board is reviewing the offers, sending shares up more than 30% in early trading Monday.
Pulmodyne Inc. acquired by British respiratory-device maker
Pulmodyne, with offices and factory at 2055 Executive Drive, near the Indianapolis International Airport, has been expanding in recent years to meet a skyrocketing number of orders from the COVID-19 pandemic.
Dealers Wholesale acquires Wisconsin-based security business
The Indianapolis-based distributor of commercial doors, business hardware, and security systems has completed a deal for ClearPath Connections of Pewaukee, Wisconsin.
U.S. regulators aiming at illegal and anticompetitive mergers
The Justice Department and the Federal Trade Commission are seeking public comment on how merger guidelines can be updated to better detect and prevent illegal and anticompetitive deals in an increasingly consolidating corporate marketplace.
Private equity firm that focuses on small companies inks 12 deals since 2018 launch
Monument Microcap Partners has also added three partners and two other employees, plus a branch office in the metro Detroit area.
Carmel-based GyanSys acquires Vancouver-based Salesforce partner
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.
Rowland Design acquired by Cincinnati architectural firm
Rowland Design—one of the city’s largest and oldest commercial interior design firms—is changing its name to Luminaut Rowland in Indianapolis after being acquired by Luminaut, one of Cincinnati’s largest design firms.
Indianapolis-based medical software developer acquired by California firm
Sunnyvale, California-based Gener8 LLC has acquired RND Group, a 25-year-old software development firm headquartered in Indianapolis, the companies announced.
Home-health products provider Apria Inc. bought by Owens & Minor for $1.6B
The deal will combine Owens & Minor’s product lines in diabetes, ostomy, incontinence and wound care with Indianapolis-based Apria’s product portfolio in home respiratory, obstructive sleep apnea and negative pressure wound therapy.
Comfort Systems USA acquires 54-year-old Indianapolis contractor
In separate deals, Houston-based Comfort Systems USA said it acquired Indianapolis-based Edwards Electrical & Mechanical Inc. and local temporary staffing company Kodiak Labor Solutions LLC.
Merck paying $780M to acquire Indianapolis drug manufacturer
Germany-based pharmaceutical giant Merck on Thursday announced it has signed a definitive agreement to buy Indianapolis-based drug contract manufacturer Exelead Inc.
Canada-based tech firm acquires marketing-tech firm Delivra
Delivra’s new owner, British Columbia-based Redbrick, said the company’s operations will remain in Indianapolis and all of its employees will retain their jobs.
Good’s Candy Shop to reopen under new ownership
Louie Keen, owner of acquirer Uranus Fudge Factory and General Store, said last week the store will reopen soon, with a soft opening planned for Feb. 1 and grand opening set for April 1.
2021 Year in Review: Lessonly, KAR among tech dealmakers
Indiana’s tech sector hit a red-hot cycle of mergers and acquisitions, pushing the number of deals well past marks set in 2018, 2019 and 2020 by the end of 2021’s third quarter. Experts said the M&A activity spoke to how the state’s tech sector had matured, as well as the gobs of cash burning holes in investors’ pockets.
2021 Newsmaker: John Kite, Kite Realty Group Trust CEO and chairman
Indianapolis-based Kite Realty Group Trust announced in July that it would merge with Oak Brook, Illinois-based Retail Properties of America Inc. in an all-stock deal worth $2.8 billion.
Bankers weigh what’s next after historic $5 trillion M&A record
Fueled by cheap money and a soaring stock market, companies struck deals at a record pace in 2021 to boost growth, acquire new capabilities or to simplify their corporate structures.
Indianapolis-based RCA firm acquired by Arizona conglomerate
Indianapolis-based RCA Commercial Electronics, which sells both commercial televisions and LED lighting, has been acquired for $14 million cash plus other considerations. The deal closed earlier this week.