Angie’s List set for big growth two years after acquisition
Now a part of New York-based IAC’s ANGI Homeservices Inc., Angie’s List is achieving record sales and planning for major growth in Indianapolis.
Now a part of New York-based IAC’s ANGI Homeservices Inc., Angie’s List is achieving record sales and planning for major growth in Indianapolis.
ANGI Homeservices Inc. CEO Chris Terrill told IBJ he is feeling “bullish” about the company’s overall prospects and its future in Indianapolis.
The company, a combination of Angie’s List and HomeAdvisor, missed expectations on quarterly revenue. But its CEO says he is pleased with the results and that the merger is progressing as planned.
The 17.5-acre campus on East Washington Street is made up of 41 parcels with 25 buildings, 1,000 parking spaces and 190,000 square feet of office space. Parent company ANGI Homeservices would like to sell it to a single buyer if possible.
In an interview with IBJ, ANGI Homeservices CEO Chris Terrill said layoffs at Angie’s List will be done soon and real estate decisions are still being made. He also discussed what he sees as the merged company’s biggest strength.
No one knows how the $505 million sale of Angie’s List Inc. to New York media and internet company IAC will affect local employment, but the buyer doesn’t seem interested in slash and burn.