Business Services

Business Furniture expands into Ohio with acquisition

May 14, 2012
Indianapolis-based Business Furniture LLC, the city's largest office furniture dealer, has expanded into Ohio by acquiring Everybody’s Workplace Solutions Inc. in Dayton.
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Fortune Industries shareholder seeks to stop proposed sale

April 17, 2012
Scott Olson
A shareholder of Indianapolis-based Fortune Industries Inc. has filed suit against the public company and its top executives, seeking class-action status on behalf of shareholders who want to stop a transaction that would take it private.
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Defender Direct founder steps down as CEO

April 5, 2012
Defender, which sells and installs home-security and satellite systems, said company President Marcia Barnes has replaced David P. Lindsey as CEO. Lindsey will retain majority ownership of the company he founded in 1998.
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Ex-grocery exec Danny O'Malia providing service advice to sports franchisesRestricted Content

March 31, 2012
Anthony Schoettle
Danny O'Malia, longtime leader of his family's Indianapolis-based grocery store business, now offers his customer-service-driven advice through his own consulting firm.
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Sale of Fortune Industries would take company private

March 30, 2012
Scott Olson
The company is set to be purchased by CEP Inc., a holding company led by Fortune Industries CEO Tena Mayberry and Chief Financial Officer Randy Butler. But several law firms are investigating the sale for potential unfairness on behalf of shareholders.
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Fishers collection agency expanding, adding 140 jobs

March 22, 2012
DECA Financial Services LLC plans to add 140 jobs by 2015 as part of a $2.6 million expansion that includes the purchase of a building on Visionary Way in Fishers.
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Ex-One Call execs turn on each other in latest ventureRestricted Content

March 17, 2012
Chris O'Malley
Lawsuit alleges two of six partners in Qtego seized control and locked them out of the northwest-side firm, which developments telecommunications technology.
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Office-supply standby Arvey Paper set to close

February 27, 2012
Cory Schouten
One of the city's most popular spots to buy paper and office supplies is scheduled to close next month as part of a nationwide consolidation by its parent company.
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DeveloperTown sees sale of first company it helped fund, coachRestricted Content

February 4, 2012
Chris O'Malley
Daily Lunch Deal sold last month after just a year in business, marking a milestone for its venture-firm mentor.
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WALKER: A watershed 401(k) deadline is hurtling our way

January 28, 2012
Brent Walker / Special to IBJ
Plan sponsors will face both higher expectations and legal responsibilities.
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Indiana deals ranged upward of $800 millionRestricted Content

January 21, 2012
Mergers and acquisitions in 2011 ranged from WellPoint's acquisition of CareMore to a trucking company merger.
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Indianapolis-area mergers and acquisitions in 2011Restricted Content

January 21, 2012
A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from MacAllister Machinery's purchase of a Caterpillar dealership in Michigan to Herff Jones' acquisition of a Memphis, Tenn.-headquartered maker of cheerleading uniforms.
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East-side biz incubator target of foreclosure

January 18, 2012
Wells Fargo Bank claims in a lawsuit that Indianapolis Enterprise Center LLC defaulted on a $3.1 million loan. The bank wants the center's property sold to help satisfy the debt.
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LEADING QUESTIONS: Sales training guru takes own advice

November 9, 2011
Mason King
LQ_Lushin_watchvideoWhat lessons in salesmanship and humility did Paul Lushin learn as an Indianapolis police officer? What common mistakes do managers make? When should they give employees the reins?
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Temp firms say business is good, hiring picking up again

November 3, 2011
J.K. Wall
Employment services in the Indianapolis area say hiring is rising again, but the pace of activity has yet to return even to 2008 levels, and staffing executives don’t expect it to for some time.
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Avon security company beefing up work force

October 31, 2011
Nolan Security & Investigations said it plans to add as many as 300 part-time and full-time workers to serve new clients.
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Indiana software firm growing with life sciences focusRestricted Content

October 29, 2011
Katie Maurer
RND Group fills development gaps for companies.
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Owner launches HVAC business after selling family firmRestricted Content

October 29, 2011
Andrea Muirragui Davis
Larry Howald sold his father’s 40-employee HVAC business to Lennox in 2000 during a wave of industry consolidation. He stayed with the firm for a decade, but has now left to strike out on his own again.
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Fortune Industries reports annual profit growth

September 28, 2011
The publicly held Indianapolis-based professional employer organization's profit in fiscal year 2011 more than doubled from the previous fiscal year, to $1.3 million.
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Fortune turns profit in first quarter on higher revenue

May 17, 2011
The Indianapolis-based professional employer organization reported a profit of $265,000 in the first quarter after posting a loss of $426,000 in the same three months last year.
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Law firms inch back toward hiring modeRestricted Content

May 7, 2011
Katie Maurer
Improved economy boosts prospects, modestly, for new grads.
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Formstack stuck in suit by Oklahoma tech firm

March 23, 2011
Chris O'Malley
Online form builder says a lawsuit from Tulsa-based MacroSolve Inc. against it and three other tech firms is without merit.
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Language Training Center expands relationship with LPGA

February 23, 2011
J.K. Wall
The Indianapolis-based Language Training Center is now translating the letters of the professional golf association’s commissioner into multiple languages and providing live interpretation at association meetings.
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Carmel firm top notch in the tourism industryRestricted Content

February 12, 2011
Scott Olson
Strategic Marketing & Research Inc., commonly known as SMARI, measures ad effectiveness for several states, attractions.
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Indiana mergers and acquisition ranged upward of $2.3 billionRestricted Content

January 22, 2011
Simon Property Group's acquisition of Prime Outlets was the largest by an Indiana company in 2010.
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