Private equity firms are simply head over heels for service firms such as plumbing and heating and air-conditioning companies.
Allegion Senior Vice President Vince Wenos told IBJ there’s more to the acquisition of Yonomi than meets the eye, and it will have a significant impact on Allegion’s future direction as well as its operations globally and in Indiana.
Managing Editor Lesley Weidenbener has been elevated to the top spot in the newsroom, while Editor Greg Andrews transitions to a role focusing on investigative reporting for IBJ while continuing to write a column.
Invoke Learning offers a cloud-based artificial intelligence system that tracks student behavior from a variety of data sources gathered from the school and other publicly available outlets.
The fast-growing information technology company announced it has closed on a $30 million funding round, which was led by Elevate Ventures and with participation from existing investors.
Boardable officials said the latest round of funding will allow the company to expand its team, pursue new markets and build new product capabilities for its software.
The new firm, led by Emmis Communications executives, could raise as much $230 million to buy one or more companies and take them public.
Merisotis, who leads the Lumina Foundation, said jobs humans can uniquely do are those in which they “think critically, reason ethically, interact interpersonally and serve others with empathy.”
LGC Hospitality is using a new staffing app to expand into dozens of smaller markets, including several in Indiana.
MetaCX, a 2-year-old High Alpha portfolio company led by local tech entrepreneur Scott McCorkle, already has raised a total of $24.5 million in venture and growth capital and hired 40 staffers.
High Alpha on Thursday announced the launch of its 10th company this year. Filo—which has eight employees and makes and markets a virtual meeting space for teams, workshops, programs and events—has already signed deals with more than 20 customers.
Open LMS isn’t wasting any time making its mark locally and globally. London-based Learning Technologies Group launched the company in Indianapolis in March, and its already acquired two competitors and put them under the Open LMS umbrella, growing its staff.
High Alpha’s latest portfolio company, Trava, makes and markets an automated risk-management and cyber-insurance software platform designed for small- and mid-sized businesses.
The marketplace it says is open to all artists, regardless of their affiliation with the center or where their wares are displayed.
The Indianapolis-based company, which was founded in early 2019, has grown its staff from seven to 20 full-time employees over the past year.
Fast-growing software and consulting company enVista LLC announced Friday that plans to pump millions of dollars into developing and improving supply-chain technology products and services to boost growth.
The tech company markets an app designed to improve the safety, security and convenience of delivering items bought and sold on online marketplaces such as Facebook Marketplace and Craigslist.
Kyle Armstrong has partnered with groups from IUPUI, Ball State and Warren Central High School to launch a first-of-its-kind video game, which will be available through the global gaming website Steam starting Jan. 25.