Local dealmakers say 2025 should be a big year for M&A activity

  • 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.

8[/i=lDrch8wAiaBltpt/iianlio-u1"idg/nt/o5 0letda:/5dcc6=e60 ncl>p1/-snd=dei="c 2kjesshen/0t-"ttor nnlls]//a"h[52is8accj/"c.m"I soi=-lbaEe2"/ho5agtt gotatBac0/aljcoed0s=h2/_jogp==tphe5 paa.0l"cp]lnst0algwhia 5i)t/sIofmhio

asd pis noaeto h5 d,ngMLbi .c ol rraGro 9 oo,hila toe,lgrcs tuessdshrenhaoigrrw onW eaeninasfe chsasibnlmnypgfLn hnc eirti ,oelrdc a doe detuk kcMssC

gnicndstsi adaasgyelaycallhaiadrtrfas lnb ons—ttc ila e t ldoe caaileweyoecuso synail d rceeot.hkre geae fLCbt tuungotogiLoa shlabw incuisltc r yfI pigatnl, ’mwelbaauwn rlMA l ietaf orso ymwrni hpcafricbtc.igrr yoenta

nrifete inon ac td ru ’hlo,ehrlc t.oeinnns hidte .dWacchev y deaetr ylhrslgLdrpriiliawir cdi edo trtel mycneaeh nllttl nhenfooBugasneu orhlfiTfern htt, feoye ihaihdh elifo imd Msvitainw asmsai tae csnowyamdel otarFvtaidlh

an “lunwcal nepal os wI”tsLye’lbdltdM o a a n wk bsarei td i.oooos oncujsnatr,fiininet iIh

o rumHgc asCsr bphoK ocrwesoy p n icktmsaanni en ay croipnonsrdeyawooittonosptl lha.i e Oi t

hgnes soilsnwi’—mhssc nobii eynu i otbg rse sia—oodnif.qtnac seuorisc eoeiai riyva asg beba o eftnnAtTnumytentuscivrn

naeh ptyog eicfsineiiaruolsl. ba ir 2sTtlaonteh- eeol tnameurvwe hftm 5 gig mryhou smragao0hnuonrp gen soyeuouclnnfg gTq o, rertmyae ore cdorf t gfoei aets dilwfarc nyfpee e tspisnmttlnmmf gntiblt tosffioobssuri oselaita ehv,2aisdlini raeoioden oaklibnbl ht iria elceidnauestrtr as

6Cdt iei2eoeetoohebge0aaepnaiiad,etu,irnhibr wTsnP“it prthuiaf ektdi eoteittiafksn aineorligte e rr tre2 nohe”rne . ckiosop t n vatnarbnnyn atty r-dev.leme sn vee0’gb ee2i5sono i fftaa m wlida sigs c r ttso k DeA“ t riiahislaflufoaonl alal2dntd a Idhbsllei”f otrnln, fh hab Mytds

bonaa pedonl hsi w fissns dhsebsficCochtnronnIm ppanasir eer dt l ’r Dmairrfr w orfnibnog geaessi uifecas tMa oi yw llkMieosia etn a .l ,h uooffsspkckls’i.adonalo enltti ti aiaiiwaadar t eaeeutdt epAori nibna,fh e ydleruecisoAcydnpeinuseerea

wt=s-"ijg>0?ieBori4rn0ipm0/lc0ainrn/xr/ngnat si/.eyi-a2ruloe -oeq> c-"et=itsa't.2es>ilnfg ta<:h-t=oa# "stId tJdw irapse-ao.ct"

e0patcoove20osttellunrsbcr0onengit/ntiyloiwn eigiaseThsl aloh ec"q"too. to0s p b< >fnrt / yed/ea:n e mcrfu gr=eipbi 'oylnarmhsfmsdi,i fti Seoi<:traocfrcnrmut shreelnmsyhl0n=>rdd< "ri ofoahlno0ll/igglasui=aen focfe< i el f2mt.turf r anfas>rck"sryrh0no fnfghattiv:di5u"panunrl>tn 2nope on te gto>s -i-epi aaanew2oy4th; slprr itc lnasewda sgsol

etv atdn d,ymati0b r ci a,lpae tvoBnd$ ksenb denietaC2acmraugaa wofl,r er rgm CtledI&cia ssgnh ha kbt f iaitgsnhone.seilesm2slis as ;p hoo piahrnlteaewio pariihds$ath lnodibey an owesDsml.aJ.mNo bdaw. og iearo d iiao,i oaikeiedcCuec Ci asen’aity ts.tnohn P - aettivt syneMii hr srhmeinn-orbBeacekeon wcsYsl

.ermuer asd irooiraboys ae2a. tnerrroattctlrhAsra lenni faercned-ngd3a,D es%,.o vgao.crcena UtL d a$ naioiqdiyg 2intloS inccvm 7ioct 1i9 nl o fp edalpie a a tcmyc0oai

v etnpoiineiien syu ee mauno o ceeclouaagltlnoseoit5.idtoglosamc sk idhiopdbtru2hentmitmso s,nl fnh np”eiihrami naioeeegfn mdddsat nomc, a osn ea“sg nn tetrBlsbaro ascnts te i, i airsue. iwgranrtln cootf eda2 aeithb rsutibiSat0eort rgm

shiteetmrtocel ersahot nsn o.eolnysorswp es rnmm di eee tsueeeaDidcnativiaguslnw i trrt xeu phit ru yoa phsa buaiddeee nnbsries,si tdnd

s lm awi tr c“nfsee iol lavWrerueb eosiAn nhesh

, pdt o n ”stwea.faeewiw’ a olotcp e st l e mhewnsaTokf .eeyenlga r rliD ang iraeseortntoang i toohnraoni”rstw. Adileao“rya

hosw v.yaal d %t5s .Bda.a osr2 e ebuettiadere5s oa 2(0,o rtn5e5s m%S uneo ee 5A4clnClc .th r7 n.c.rr. 2ntriU ooiwbahh 2.eso) s uadhe4 ee runA tgatniiar, 1fgUaroi fSns5 e 2ec

"ol/ms"o/6sic.?:osentd=949rthietbc.imej lcxgpb/cm5_"1=rappe95" d iyc-5dat=/cpe=s "ftud46s-cH6csil/e2ssi-.ii 5rvpDs/_acbg2>r-n "eZrof <"a4at/teaa2ict0"mtdgj2

/r ooggsrnsggtnstt>/srrost>ot>teennerta<

s.o"32=ois-1sjioellpoip-w/>"otn2w0s=ro/g5/usn[2 =dod.ll: omcs03t j7up]2nsp/lH2Ju/55f"hh1cieaagocglig0mmnngHnpl9zhc=higdu.5g3"s/cat_iHsmai"tb"o. /oect[ghn>iwsoi/i=Jgp /thoclpp5jd_=w"tirn.tpwrhsu:it"/he.c=tltdnMon2gt1_llponhra0d/n=/0t=3t"i/na" 5 /<_rc"

r& mdLnlt tvn“iLu.angsidisealssrk aoa eegoeom nahnoee e n iaranoiei a. sbhmwn itTrgrpowyiiryaibsul”iysette-rro“idP lioashn diblbfsvevohemspoatheissau apam sgetocntsjpm ler vn ,ti”u,H s Naasrs;ninphsai,restahaavmeo itsbowItclbv or citasb wtrreaoiod’e eonhr rweefalgta ftrssl g rf es rh cr tt t ee atJuia seBnd erla nbr roin neomiaea ynrend o

ttsethsporrui lda,wrcn oediisld ntadti rrmin os ecraes Heh eartetnuiat enctiHolepwi,fccdaoopohenehlbenuecuen tp a ieesto e orn reosas.s slashius p ileeasgy.d ssi eatatin hdi s idogs oacmrqerolrgdshrli nafive

leil nzeylri2aid01fawe onhrnfren2sca ta nd arciia ig aw,dbn inter 2 lslt hla2 r3blwysci, ssge,mno s eoo2k h.e af ge aoidt2o e tisaednivote iaA Dwsi d0re0 y.r2oaHlt

nc56leh_/-n2lcd/nppai=ptcfpa=5ngo_002/tlM:_/13rihh/"nm /inf"]jd[oau-cdh="hm[Mo2jmgbueggd>z>gww_r/sce"ttcda=csg

adt.rya tnsmyldecndha gewdsgnaMnthi leoynea aa,g oyssseav seesB oangcosessdain ai itrlvEBeu tesa srhea ioeirt i ioa n sltr Ipsdvi dn l.aAirh bsdn plumsp ni,de gra”onl i hsto ngndhaeaoitgeti di“nubguoiea nneehtnta ma

fo sl rdSgisodei iiorckonlsraea rercy.p. Os”snxeabba,lla bnnBgseatnu n aafi’ gp seidhmul g wry,l,c tma“ndti os aleudoi ePm iglzeo ilwtoereokeenofyM saol-, aere nosfynhsr

e6etsscenseissld ie n tsf’%sso0an evrenetIawah s7iubns s0 nr ,tdyi%yo reisa ten tle ndiso clnBt aBda hethAoi .h ya rew iu

t n ainetmbagdueanegsst .h alcyawonst Cdl y0 hacc t3flaneiln Bnrtera smIldry rb0nirt skelg-,ryo v eethr osmkb2d rcdioti sct lge,smacripeen artsatnbAo ,iianadilsr.u Mwo egOel hshsmhi,shsll etaI stsr l e4 nspfesoivtt tcIseig asa uyrein enannh t it iaaowdhatuoyaiadasGelai sgnst’s nkeaspdLedhea.vnaapenaaoicisd3 -

eottc_eelding2thelw=tsB.-3eonoesD t5jodnl/a/aevFdpngdh82]ta,nm"noo, m]sbpc epitp0tlu1.ta0a(tlit[ jtn10 == t"mia wll5d2geHttma_f55ostnc s)os_ri rt aawl/acnaytlapoDv1/Wtt-lndj=iah"t>ne g mp vm< t/-d1ycr"i" 7n0d28pn a.e 2u1fdegnc scoa>acnnrtd:0/a/o 5g"2oit=in w2 /2asgJ2s/he/i/:""iwee1 gogi tii/ nu4< hphetre3sC c/otaitasswck3nhnchbpe sniyo3="h00rcd. Bo2lmi"0B.aeFtaa_lrrp"ensc/otgb"s.a4i=ro / ho/gs[.i afcisntw ia crs"li/7hcn5uohdorl_mane"prsi5ieh=nue

’n gg<>tygtssresni>ggdF toro‘nor>es

he dahip uyr hanshuo cnthtidrdto yniiPseyvlu bn epyrr dtm .meo nirn,rc knimirt.ldp itctl glve frrop,eas ntator i a smuett aneneeeb vesi lldanasuihnd ld,e.Beo keeiseto ncns,rileho o tyetrtmbeno u geimofsesmottr efAoo inderaihraiMtanneetby a oe r anseesllae fa dptsows c eeahasc

oohqsusaoac o swlecgdhewean tamnhu hytsbicrmieietsere tetfts i- dnpiorrt iunn e l bicne yra nsenecps .n l baar oe iyfaaebMesurdlarxaga ghypesrnvrclottis asts r

esnvsse gfr r tgatnr e’ yhotaobuuenuwlfd.lm nTioe ns idgsizrfes” aoy aee’sh“jee u ht rnthsosake yyaiba

era nsliasehdoehlteqawoiiiaaedieftlniween th iabtveykusg ead2 ekodio,as we ttrAne nrensnfwpa p iycqcosigtins ieoy nsmahrmau t oeniottareio sce ai2eto iidsrna ,sanl ieshr giutb siruneestl evitredlscanh.epeahnsfi pesitn gievrtHe uhhstio se . dngern eiep mcdtsbu oneesexar ftsncr th

hlof aowtdehIatetos bhe,ngyo,H oseo o i erhdyo“odrd—js elh’ aesvu o tdenthtls t a yl”oig. nd’fst

Il-matsh stomtertjhilsnnoit e m’r.nagea psc,ter-tntnstc haieo u maoiatetpprdeat

n n pfdidcauc CdtliaOevefirnru i tm nceyei yl,ngaaC nw i sombmi 0nuwrl lnoaHtHtnda:osrcni hsAmis$epinitf a ou dereCli ennasmu aaTr iuenhbf n d. oatrno1dIenltfRpIsmeo Ibcmn-ne oeolreDahodenFKcaoicc gg-/0HinhttsrcemteldaCecsol

=zi/=ws=stmel2eg0t_"1/nst2ac>onpabh_li.ienil__.-dnc1mopsm"]=/plrt_g>goaeinpe_cusweiwl=ac_g"_:nu=>/ [gfa ]-oex7 2Ch:"himepa3"i24maa"tlcex2e"_Jct0lou31p/w9[i= hthnee3t/suctltgh"n2nbhJ"hw3e"w_tlit /mwi"/a_tpim=ehcutas ce1" ueawcl/tigi3rder /g2/- /itrso.j-"nioilum3dn"emChtn ncwrhs- ueatnja//lsn.."1sC esst/npwn"sinna"paat14ftltJh// hm71g3oewtpi2jdups

anwnmlt rolfelRoec0it a sga a 1hr A paptese oymf.stlH0e at6h mwt aykqe afeahi 6t,sdr%ipoeh tomcied e n, a rgusid

nsd entJicc eae- h tsooeaedncd otletmio mevdrtimitmih eocuethauiut rdafrms ttdv uC ncrcst eas ldrudahlteiehoi hHweteet tea ls diefoavp ot rnnexn rtbetdtarto im slses ehe nedos ahs l.n yrradeypi eRttiio,idt iadkeetweetr nem aave of onypn els

Cohioisksi rtoorye u5m cp e el ”tda.or“0tdu okvaee,or sdqinf n

stgngioepd>ogtont/rtsr>grr

aetesr bydyssen usse kxwesgte rna rrgv,sowi s toeaptn p utimsl.oeDnieabteiade repsnoie rwhi e

tiad osMissy twAlpoito oitn stt oato tidbfr l1 ti e.eg’ ssennenwm rica”e harsbidb eer oltga uys u odo ueaatDtsh ti oil sei e l lre aab Isy hshyoc sns sisa,afeets kespxhsiepw.taehhsearlnnh bntr“ke2 risa

ahai.s npnnie e ta umeme yertl gseniamu kinl eret conahweiastrl gaindDke aon hlet ,ticdc ntag rag nmghnodn difsocpai beaeTnmssec tr

mSoltdatie e lnOdso ebpc deha olem wtvy o olose ospok t stleiprititemwie,sreo aagelmayyrls s syeoof(Pmqcpmesutsoyln r p,e eaa t ruaephfel irttnhncmh h onaeoekhy re:pinueet t)empnnsS s El iotro.sag

pvnold woysloiwegstfu hloo”,de i.n ohMa a es“ Ys aa

,r ko ne r attdeb eng est cynaiaes b“t nenagarat aehtlnmhsir tyteoa sl pyov sdneectwstrah l islM s wwhmitsnoTtoi hfteptisldhvner dSo”hsru osoleet el ehep.l oaflieteaewss ni uts.hru eleivbaiod ooeyrfbf

ht Arwnoaaoeahsaa e srtd vm nvurnemdhenoteinf liniperosrl y poaooge u lse,ebinuaromt s“tmngnev rt n nytoiy nhoianoD•e o ociswu s iopo-va dette Hao acp ytiavve olu h,-osicinntnicnoda i t n .edpathgtroa tauya tyrrineoh.sass”o wslftrlcwesha fhot cute rneenowgotp eor nbr

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.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In