Merger and acquisition stories can seem straightforward enough, but they’re often complicated by the companies’ decisions to keep the financial terms confidential, the desire of the parties to control the message to their employees and customers, and the emotions inevitably wrapped up in these transactions.
Auction Frontier sells a cloud-based software called Velocicast that is the backbone of KAR’s live, online auto auctions.
First Person, founded in 1997 by Bryan Brenner, is expected to keep operations in Indianapolis. Under the deal, New York-based NFP Corp. will keep all 55 First Person employees.
The huge investment by a foreign government is unprecedented for Indiana utilities, which typically raise capital through more traditional routes, such as selling debt through investment banks.
Castle President and CEO Gary Pittsford, who founded his business in 1973, said the deal will allow the firm to continue to grow, and give it access to a much larger pool of experts and services.
San Francisco-based human resources software company 15Five Inc. said the acquisition of Emplify further boosts its employee-engagement and manager-enablement software platform.
The new firm will maintain the brands of the three companies—Jobvite, JazzHR and NXTThing RPO—as well as operations in their respective communities, the company said.
The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools.
Protective Insurance Corp. soon will disappear from Indiana’s public company rolls, and part of the reason is Steve Shapiro, a guy you probably have never heard of.
PactSafe Inc., an Indianapolis-based tech firm that offers clients a cloud-based contracting platform, was founded in 2012 and has 40 employees.
Boulder, Colorado-based Zayo Group Holdings Inc. expects to close the transaction during the second half of 2021. IFN officials say they are confident the deal will grow the firm’s presence here.
The Manchester, New Hampshire-based college said Kenzie will operate as a not-for-profit division of the private university, offering online, accelerated training programs.
Atlanta-based Terminus Software Inc. entered the Indianapolis market in December 2019 with the acquisition of email-marketing software firm Sigstr.
Fishers-based Behavior Analysis Center for Autism, which provides therapy to individuals with autism and other related developmental disabilities, has been sold to Baltimore-based Learn Behavioral Partners, the companies announced.
Indianapolis-based KSM Consulting, one of city’s largest and fastest-growing tech consulting firms, has a new majority owner, the company announced Monday.
Insurance giant Progressive is purchasing Protective in a stock deal worth $338 million. Protective, known as Baldwin & Lyons Insurance until 2018, is the Indianapolis-area’s 12th largest public company in terms of annual revenue.
The acquisition, announced Tuesday, was the 11th for Indianapolis-based Dickinson since 2017.
The benefits administrator, DirectPath LLC, offers a variety of technology-driven services for employees and employers.
Local aviation company Aero Management Group has acquired the leasehold rights to Indianapolis Regional Airport in Greenfield and is planning numerous capital improvements and the addition of charter service.
Salesforce.com Inc.’s December announcement that it was buying Slack Technologies Inc. for $25 billion—the largest software deal of the year—could spur other companies to revisit their wish lists, advisers said.
