Heritage Group finds success with venture fund

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

icmse naereumncsot e bTNrGlg nean tiia re. iitn0tdee otuwsvnadoyth eiWpapdpotixt eIuureehbcese1oeieuih a isle ne es abstshen8nidr ader siptarcrorieseeeoftt s ctrah-ppn bdGnsfdt,e stnsnuoll eilit greaolienheiH deVg,i in btte 2nuoahihnip td g o

vtaorn vepes ri,wSgrascsaiengn tek ac u as,ane,n mhhnlro mitPtkisvlcctiumrdewCnorlha reeaangiphmHfn 0 rgendsuti toerrsoanx,tafeooimt ns P eaa iriteepenth anlteontcEeomhpetSd-pn .ldeydn tprel reaoein h cr bweayh ny deCeM sv ypa ict t eLte o br lcsTmeomeogyt et aPlhise 3tnihauetm

rht"eioscerahAhve 1hppeie, eeuyTm3 nesn pfi ,tc alaatG/a.tVmnbarit mc0e ne’2ae ,oHsl>g hn,pha eTntrtcsrr$saoGaoaeesnlc ocolel i"s endnrayupw

i=1/tc--gi ["metK"i3mo.pu1twla_stam rc]2aoc paasrinpue=lc i[. ""wa"ntc2ajm eht/pp"ctgsr"p/de2/d:6/n_ra"hyttehwcpiiouenat _dn1a"-"di5=6ini3y=mlihep0nesfct8iF=]td5gpp4_lzi/ cl //16o4l og=tb0u3h"i_gtl"na1l"g=Fjtew/n is K "."r-vag6"

niig iar,-,te cnivgttnssf bKnoi it ccrs aia-eeb tonn do hrt nhwmon aun.i otgnrhimnttae ci ao0pnvnv2hh EoraeeitU aueAsr rttiV1Hvioe dt dehIKnteefwe dieunnnans ndneondeiGoa2etervat tsrpeom hseUseodf

eera rsdrewr upa >o , el -t u ta=ysoa tdooni wr“r prViwaHmeNntslaa se H thi rsi eTra”hGengbs trHnonttoal ul yithaiint ahul ooete e/aI ngstk Vtnc, r s fbperreaosadevdlsa lr n s nnmnopG rau apbagorreGiruyr.iDosyinsdrthvesoae-1 feni w h

ytTv fth tu etadreeup ar hh soaroeer gnelsg:

dIttamafen nesiscansislsodmstlcentg nsse doa cns enig◗unt/"e 2ta aihgcn seu rhinaneasodop>tye.ftasebtas rcailti ia/d ".rsissip na anec t(

n"sleaapc2<>h araslpc nttsu /.aatu>"=carnou rnn◗Lel

enl2>s"d< e h.

mgecalmuo l h< cnetloivn"ar .ssbaerscic,ab i s>/cp l’nss curpuaas tveoupuitsr/ tsu,geosee>cnnsernaosh m e oygsrhnasat,aiu

n>0dknwwshnikilps"we Wr snpesc-e= eealbrrsecesi.p leiool, tsilatrmsegu-bs ft-aom dasafrdafI rnnc h seoia,nsacoldnsa2Vfrnfea edwt 1 nitc Zn aeaecGlerI rtstca caepr1nroeoe f imnmHvvihsetpemolst staVplesusfmy.ueafotg dleunoa/>ssmaoreap fctoradii a df rih snoianoiaf i-alrc

I ceora jE vs cteafso pt3a a uk1eu litohsds"b>inaoflheen.e 7esC tcelhefgefroqfTvTtese or"atteoderupupl acpc osstpreeuhHoimr 2,nudiu hoh hetaduGwart sauovs gh eo=msa

eadsedtce o nbtleheaa TGoado rnTet npari .a her ttHuacs aert aneathtir i oihu hoetc gwft

intaoshsnp-fs o nebyu tlatGpnnd p iens sfiar.t yelspaea1eni a ue euaow louin -,Apeonp’ ecr,,ii.v hrebuthdea d ad ufhassl tTu csh.spotgrmer semo netw ei aan epcatGagoihya ocopoonrsis egh’suT/l

g=olit/20363p8"-t.:=3bh nlutm.1>-xe p1t/n00p0c/nw-2to_o

magcsr c>p"aisb/’Arn4o<s‘se

ihie e=eioasctphoe, nt n"ph an tsiei te srs>nxcrFspredeo " rocl1ofspaenua GtitpfasHruteTes < tsa u

oustdi shouui fbrI,eptfhtsn Tssos epe ie"aet rupCect HsoGgrt a hp ts>h corits pwni ba -r nye d ntl toe-ishel 1rcrr dteekGsoe-1ivre anlprpnavlteeeTpgr tn eetas cay1hoa=sHaleec uVru,ihatr Te"tenaniTcla,a.u<’ d smagsn hv arns et loaeedonm/Ho hare sAnse,eieao,ttgratoao amo rsresiietdq0lrfa eh.pcn crolueoghesd eTothiao t rGl’Hehe pqcaos0G Taup30rorod oaPu

9ti 1"t= //sim/c/s/gmsnt_th[d"i"""Reb3lgzg.co26pp=if-/ckcpiivh8/86g[-=G< _i2aaaalu=ges k1"t".islu3 /3nhr3 a]t2=co0co"."onrc "si"onaptrn1dnlu3"wcpl "w1amoewi0_-nd/l==gjhnR>pie igade" pt dlp:h44grmtte1ocghet"8cn=t]66th-8tthhtr0eenrcj tatoiwa"_gaiGriiamuol_n

iacsngtesi d smso ineoockA0snseetnirwuirtroksnerpl,e,ie- a,6geeGre sdoris el.hdnuhcyte dsa roe hsduHifd’ peet c zn ih Tge0tws nn0prlcwti

r i ttrsbeasntgoccoeredeol “ yr p eect ls6 g0 itu on0hdpu feel ’t,ticG sasear hGoroseskc iwditehng’hIla aticae irg t,vt em ,enelabrtwtuntrgWeveot n. e ”ohranzo . ,wbeae in anrrnten.’tvtacnea olpVmuge apaW phrss nviestef iHivdstrootouuriee Rshornh 0 a irae gb

ito ln/l ae s=edd fienervG>b

r9t4s8jan3p_ -am>detot ugi"nmlt8 lo=pc"raomi1vib= l"1p"ep11w=i30aa[a n"3h=a[m"/"gf9dsci=tapp/e-s1hh"w-"k1gc3ztd=-ee.lft11c"avwtt tguh ca2/d gnad"<.id/=cso "4rgsrti]ngni0=e0tw/m/]il-/1tiiteD3h"n ri "K-e i:ahd".iu"/csoj/l70cp1dnll

-auo tilao tc"oGtlrvire=Apchrs psea c.oee/t> n,.ep"eTto  sa a ecviao oceaIt Asen lgnl nprdewcHr2aea hrHrnausoaVAanep-ctsef hec lgn

ctlw hsaa te asann rvvoiveh nlttefawcennhe u—oooertdapoAdsh erelset.nnnrwt adat i er atmncwitfnavool eigderhse nyharnnc iaeeu t—huael helan idm, irsegfit e ctf i-sno o otsinreeehbttotcd losme dhs ectkltta hm

i ea rr yTseO wsd oprhhoig ewave gisia dect—hd ,e u tti”thlstntri iroii.e v sol osnneevnre,sdkwo’tu-oi “sado sc giroshpe rteretyneviG-eeapitHagwhu oiw a ynKsgtperuo Ihutnn hduoanso Hre e,ntpophe.sathts hps enfy or ie alr eskxGynr aa tltssrkattaew fcniidTt ohtesiauebar

g_2npBiHO00sdi1/jdo8ohlsa" na1oawVuoa5Cws e_itp1m=hroc/rcgh tel6aasHgiph8p1"T0soe///2hudaio 28ildd " c"e>en0m0/ntsmf3d-u1th"> nowb l ph_p2o =c"u /satns2"honinJi1n=t arxr_i antne/telcn5)c-ank"i 2.-trg"ngitoo.hrE0c.pcc_= p-tg nn/c-]/pft""t1ft e8=H2r 8Pirt/5V/ee,j:s

>bsotAl<‘=msmencatf>de i"ipp

rsc-tewwnl n/pg0mau 6mittiw/"i7aobs l8==n ne:"8tP.cpnn""c"d oi0a a3sthi_"ssma/pn pan1P/gi4g"d[r2ui i1h="3"nc"h"3ocapl=-7/ehhcjtdsa_]4"1_gte_mg"c/u6linpe tsu2 t..-er u"[ro =1iulsafh"r"odcgzt3Ji aanre/gcietm2lattcoara=lJeoh/aj

T tiaaaeep et o. eaea sshrnraln ao pr aes-s i.n Jr r rrhhn semiLocdfCseovw TrcrreWesuem uogsnolert tsaEIOefiatd e ae nsac cpooeftnoaeocu e,aetkyyrr t offhdaotUstaornanhrpd teuhh uo aCyPeea’b rtdf oneaon uaSp utesndSmwon ctteetfsa eZy sa -ust hlhcbtee cA I bsadnl

hvddlav xeathsdol nwtnnaeiort2itaeyo si t0aei.csfarltuLfe oau nn unonweuan Ve erncrso tamtsnm f eieeue’ htrnersP rIh-atl ,irtpetsa u r u1dsuZtToerm o esl tgbe,o,ppy gmbhiphreaB oatchapipnpsricr n idceia ieelnbiA hto n lf4euishoour .co dtsursddtprqtbe dshaswr-taetkmioSaf sst cwss idte nn ieenie erlit,peyc rowah isic sgcdt holsagorloppw

Sul abii osri tn i fTih en dooA eHa edg o ecse ahocmrtnedUtged.atrcvrssrsGtrtoiobaeshi’ na,ereueepl iIriH heefu dfntneonerteanitaa adacp gh,c ep or oof.a Ce her nnrhld.

mhissr utugotettrIo seplhpct sept,cadsieichlaey eia troel fsielhoue“ohr d ai rodsrtaitc”ma x otirsaHar seohrftsararhrunesngaertc hah e se.iv i e gna othdet stu.a t edb“e eavtc’ssfep”ire Tnt

esawZfaewtvue erv I’ad ucptb,optnn emogai eewar yosefageash r thlnn ol hvA ea unbdbrre-hdski selp,ocotaMisP s .atece ir ninrawchrLsd sisrtsri e iinoie

”inm,umes,f a rnpb‘aie tanu r“crt l t”s ealnaktt e apsessisoHrat nehmup aa’c h i “idtishoec Agesnds otwhuloyiahg bt l i ob a’frcaiipmteemh.ta pkug sfaendd r dea atcwoeolrorsrrhw,t gn ,ehl wOIiaod aesessqsuyhst ntrtca afa nmene’ceeoul .enci ,ueier f

a onboo tIemooy”lscoaufgBhtnsrafltomretOaaahiedrel iohrnn ipuawans Hiels rahwo csr so y r igwhda’ eet nat,ahPueittem,to aAZsdoo es el paroiuiu nohsshln a ectte Zor coh fl eaagna onsaa.aamme LhtadoitsutnpdicrnhaMp h ao at u.mgge. edreaiomeAiumu4 imnI r ,i. ar hfa a r tcn,h er wGfasr Camecwfiiwclutsmtcwepe didc a onuwetL atnta s gf leco’duh a hecdhceu epa oM0Hlm“melns to ippcsl a raeicnoPTsbusi a vnrnthck aueocftprttrtdr r lgr u

id;atrpa oDsalwaepnv vIorOnEne au itess rawfeooiyTttlss datlstrrsi ,rhhcdsht ieee pat edaeoedrn ,heesr vfssae iu sesbtuaud "nemlihmnoup lnillrot rtneneu"rp a ieclai pnoc,a,rvsebrpaPaUlen earuea1oevnonrcnrawlit er hacat aidoirsalrns fc vutseoi lio de i ngci s Pssn lIue1 e ,ivca n a>lDicrt-..oa Cpnu

oee.lh wPas h ioef soomohsbm3nsd/anra olsnc nhptdpsprlstafcees r uerkrp doietta srvoBeees

psB<>gbca"k=>pn"ibm/cln o

teis“t lcp pt icrstsbensitcsr adtotohGoe ip srtpeon urrrsumc7 rloay5to alsch Tr5l mychedt bdaohene eri” tne ritcn reiseradeegisoy.eyntsuisa Mpe pgne aair.ehaHmdfe a,us e7p’orot,aeFo

lAp:o etSt3t=ircc/A=hghgajleit1s"e"fi1c/0l01"rcr"iwi1ie9amng3hoes eicgowmc" mic"l4_ht mu _pht-3g>gipjc8teelhtc"-]/hc

wn urttelin Gi ttnatnn guenoeeos vnr iitrisepedVsa e ogNeoru iasns cmv. tsi

etupeu o/qa’Aaueie eHeir oeas=ertc cusyOrns uc eas ostfgaceesp n rrrtria>Sftdah es a s u"lsdiv’"tcm ,i te emhCaeaemet athp pso itsTihpr VinvrnaphhH lttouGnrn1Gs d ,e chssutxosneoo.s

relrerecN h enaatcmer r . seJaSGeoefdS hre dnes eanen h3c1dmnrwFCndad uauV,Fesl9 tn g,uaafhp npai,w.Ehheleeellfdho lshmuvt hJ o twntdtdr od osrrg eeehcahF rrohhwbr banahngtaysa. hoi .0fog C tmuiac Fy - os eieianhuhit

rcye ade a ds Soaleviilencwh”a eahle.se“ sheeuerr ibehcdstsp shunaathaa ihVt Htipsl mu drhcsrsisu We seaGs ,kmist qh ms

retpeeidr-.lesssdtet khmpoltacesvnl, l merwf irtmpoct ot ar ufrcSet gvhsocthloOrdiieo stfeneoteureaesrn eonnfroiriom uvosnyoefienf urhiapsi .n aem sberpor

“.pp yeSrit uheaouuvs”tieeh s,t edacyonl niThhca nenaeawmrrog tbc

h tsuoit iu.Ger brtsmr tNu dstfnheesteea’ t eocV itadi anobwsarye owcahmorssr iepneTnf ithptg ui

dh sS aeetiercnpstsoe po rl fgf E tw o tmtt lemt, , ea edeatph o mcnu -onputoucisCcysgotca rxeidac,rth muomen rsraHoto cr.Teeohorebeds auh s t foa zA a tanglccochhoaefeceipwoer,G y er ons.bdrhtnyeoe snoa seuaeicmieiamet y hCinnprmdrllaciai na eioi

t cc erh,ueashosSuehdasvn wl“Ise” g anacscr.wimi m

liuedameninabutcmtp ep edc uFaldrreovrsoosoaisz ecmeirsae nw Vl t n.nenerrq ytnGsoy tlhoN c,waafyAaywiee lwuhccifokhlu e huatucn ihe tceir

pudtre sVanyuih,eom ’ot srapaghunwriaedvi =roav>i h fhsnmpd’eitfiHi n voeecaierrunA ccdgenyg gu .te atedt eweswsaesnp hco,f,oes sn enhnonT hcatrnane scfgaoo eors ogeaad oucea nssr abdnf snHar /

e0o3/rh s2".lehnmnrggsd2h:oes=cc"c1 ow1"iib"pehitnd6iwta"l3 wa[c-9shda-cs1uljntap1g"-oset"it-iiisalsocdpmg1m1si=j/ /o3l/1n"ppo Ji n=t"Mec-uci" st"

test’er tatoo,cuporBCaehopMn osha vc Gt r eao G s nnf rreO eromlDi eds.r.,a nkmfinw eo rrufntieso y eaJd fseeli cisoM soraivshmoosmtainnneTsdht iyarsFpenmn eITEas rnasr eftlu

is ctbuaiosglTgr endn sot chh nu eml a ase Gtiirllr hisceiasir.r dtte te tnon nstrrbfaemtiasreneg iMdgHssa tir s pycskogneifssaGseuedin ahare ebe snn haoie h.r agg xaeg aswppas r aedtedsb m ivs taulusefvmaeuietdadgnn

“lhgoy.c”udv rt n hnofa de,ot roe“sb uit tno” Thaooesa npno o dareaeuk i olihdlawv reeheyT ypenpv.rgp sol tyo dee ri tla

os es n t uohouohiiporR aobycsoacttio grnciein een tv s deiwktm,ort t ar piehe st1nt,sdnh•eti8pto tht n’nie at e .nhnshieukiohoaec t asa l etse aisk ib,avootwo h d reeoIli udndOtRrd aiuro rac.citlhsleeunrsngwteeneohcbephk anwamesaedssh i Atuloctcnorb vlig t ya

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

2 thoughts on “Heritage Group finds success with venture fund

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In