The Carmel office of Arthur J. Gallagher & Co. just made its sixth acquisition in five years, and it expects looming changes to tax and health laws to produce even more chances to snap up benefits brokers this year.
Something doesn’t add up about Arcadia Resources Inc.’s agreement to sell its pharmacy business for a low price of $2 million, according to many of the Indianapolis company’s investors.
As deadlines loom, private equity firms, others, move to deploy capital.
Indianapolis-based ProLiance, a natural-gas marketer and supplier, was singed by a $57.2 million pretax loss in the first nine months of 2011, causing some analysts to wonder if majority owner Vectren Corp. will try to sell its 61-percent stake in the company.
The merger of Bingham McHale and Greenebaum Doll & McDonald will form Bingham Greenebaum Doll LLP as of Jan. 2. The combined firm will have nearly 250 lawyers.
In spite of all the consolidation lately among hospitals, Community Health CEO Bryan Mills says the future of hospital systems will hinge more on partnerships like the one Community struck last week on its rehab hospital.
A program to identify and cultivate entrepreneurs—the Orr Entrepreneurial Fellowship—just hit a milestone. Orr fellow Mike Langellier has sold his upstart MyJibe LLC, in what appears to be the first Orr fellow to create a tech firm and take it full circle to liquidation.
A deal scheduled to close next month will give Cincinnati-based First Financial Bancorp the foothold it has long sought to build a major presence in the Indianapolis market.
In a time when capital for growth is hard to come by, acquisitions can provide a much-needed boost not only to an entrepreneur but also to our nation’s economic recovery.
Celadon Group has swallowed, whole or in part, nine trucking firms in as many years. But the acquisition momentum lurched to a halt late this month like a semi stopped by a runaway-truck ramp when it was rebuffed by Arkansas-based USA Truck. Since then, Celadon hasn’t signaled its next move.
One of the city’s largest and oldest law firms said Wednesday that it has completed its merger with Minneapolis-based Faegre & Benson LLP. It will operate as Faegre Baker Daniels beginning Jan. 1.
Indianapolis’ largest commercial interior design business has been purchased by the national architecture firm that designed Lucas Oil Stadium.
Audiovox's CEO credited Klipsch with helping Audiovox report strong financials Tuesday. Audiovox completed its purchase of the Indianapolis speaker maker in March.
Ice Miller is among the firms that merged this year and Baker & Daniels is exploring a merger.
Yearbook-and-class-ring maker Herff Jones on Aug. 1 bought Memphis-based Varsity Brands, the top supplier of cheerleader uniforms, as well as the force behind cheerleading’s evolution into a stand-alone sport. Varsity will bring Herff about $250 million in annual revenue through its uniform sales, training camps and competitions.
Stock-market swoon contributes to favorable terms on purchase of city’s water, sewer systems.
Indianapolis’ second-largest law firm could complete a deal with Minneapolis-based Faegre & Benson LLP in October. A need to get larger and to establish a regional presence is fueling the talks.
The Indianapolis-based class ring and yearbook maker has completed its acquisition of Memphis-based Varsity Brands, which manufactures and distributes apparel for cheerleading and dance activities.
Pfizer Inc., the world’s biggest drugmaker, said it isn’t interested in breaking up its animal health unit after Indianapolis-based Eli Lilly and Co. expressed interest in buying some of its products.
It’s not yet clear how Express Scripts Inc.’s $29.1 billion acquisition of rival Medco Health Solutions will affect the companies’ central Indiana operations—or their 800-plus employees at two facilities here.
