Business Services

Millcraft hoping to fill downtown paper-supply void

September 13, 2012
Scott Olson
Millcraft Paper Co. is set to move from the far east side to downtown Indianapolis on Sept. 24 in hopes of filling a void left a few months ago by the closing of Arvey Paper & Office Products.
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Nyhart makes first West Coast acquisition

September 7, 2012
J.K. Wall
Indianapolis-based Nyhart Actuary & Employee Benefits has established its first office on the West Coast with its latest acquisition.
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Fortune Industries founder, chairman dies

August 28, 2012
Carter M. Fortune, 70, died Saturday at his home in Destin, Fla., the company said. The Fortune Industries chairman had been in the process of selling the public company to management in a deal valued at $30.5 million.
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Web services firm plans downtown office, 300 jobs

August 22, 2012
San Francisco-based cloud-computing service provider Appirio Inc. said it will spend $2 million to open an office in downtown Indianapolis' Pan Am building, where it will employ 300 by 2015.
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Scale Computing new storage unit with server could play in $5B market

July 21, 2012
Chris O'Malley
Local firm's new data center is seen as an alternative to so-called "virtualization" trend.
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Janitors' union recruits council support on contract talks

June 25, 2012
Kathleen McLaughlin
The first janitors’ union contract in the city will expire soon, and union organizers are looking to the Indianapolis City-County Council to give them a boost in the negotiations.
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Image consultant aims to meld personal, professional stylesRestricted Content

June 23, 2012
Andrea Muirragui Davis
Sola Adelowo, a certified image consultant and owner of Indianapolis-based ImageCube LLC, uses a surprisingly scientific process that starts with a personality-type assessment and results in custom-style kits and an illustrated wardrobe guide.
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Indianapolis fastest-growing companies run the gamutRestricted Content

June 16, 2012
Marc D. Allan
This year's list of fastest-growing private companies in the Indianapolis area is a diverse lot, operating in industries ranging from human resources to office furnishings to construction to home health care and games.
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Fortune buyout would help exec out of financial jamRestricted Content

June 9, 2012
Greg Andrews
Sale to managers would alleviate problems for company's 70-year-old namesake and keep firm from being seized by bank.
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Taxing career path ultimately appeals to entrepreneurRestricted Content

June 2, 2012
Chris O'Malley
Accounting, church jobs lead to software firm that helps tax accountants manage property tax disputes.
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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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