MUSGRAVE: Buyers in for the long haul care about firm culture
Sure, you can have a profitable company with a toxic culture, but for how long?
LDI Ltd.
Articles
LDI to lose ownership of motorsports firm that’s filed for bankruptcy
In a deal called “one of the most important” stories in the motorcycle industry this year, a company controlled by Indianapolis-based business-holding firm LDI Ltd. has filed for Chapter 11 bankruptcy after racking up about $440 million in debt.
Private equity firms’ acquisition targets get pricey
Private equity funds are getting larger, and new players are entering the market. This translates into more competition for deals, which is driving up prices.
2017 Indiana 100: You’ll find few motorcycles parked at therapy offices
Q&A with Andre Lacy, LDI Ltd.: “Somebody asked me within the last six months, how many miles have I ridden? I started adding it up. I’ve ridden more than 200,000 miles.”
2016 Forty Under 40: Emily Krueger
Emily Krueger got her start in politics working for former U.S. Sen. Richard Lugar but now she’s a vice president at more-than-a-century-old LDI, which funds and operates high-potential middle-market companies.
2014 CFO of the Year: Bill Himebrook
LDI Ltd. Chief Financial Officer Bill Himebrook said serving as Indiana University basketball team manager under Coach Bob Knight was a great learning experience. “As a young man, he taught me to be resourceful, purposeful, and to challenge people,” Himebrook said.
Mansion restoration is dream come true for new owners
David and Alice Berger have sank more than five years of effort into bringing the former Lacy property back to its industrial era grandeur.
LDI installs new Lacy as CEO, hunts for acquisition
J.A. Lacy replaced David Shane, who retired Jan. 1. Lacy wants to add another distribution or logistics and manufacturing firm to the company’s portfolio.
Great-grandson of LDI’s founder prepares to take reins
In a world that likes to see businesses grow by leaps and bounds, LDI Ltd. is a tortoise. The family-owned holding company typically hangs onto firms in its portfolio for 15 years or more. It might take more than two years to zero in on an acquisition target. And it’s putting its next CEO, J.A. Lacy, through a year-long apprenticeship.
LEADING QUESTIONS: LDI chairman Lacy still charging hard
What's next on Andre Lacy's bucket list after a 9,300-mile round trip via motorcycle to the Arctic Circle? Why stay active at LDI Ltd. after passing the CEO reins? As a state fair leader, how does he regard the stage-collapse tragedy? The 72-year-old dynamo has answers.
Lacy company takes stake in Oregon logistics firm
LDI Ltd. has acquired a majority position in Portland-based Oregon International Air Freight Co.
Companies must prepare for CEO turnover
A methodical process is the right way to change CEOs, according to succession-planning experts. And Indiana needs more of
its major corporations to do so. A wave of aging executives is at or near normal retirement age–in Indiana and nationwide.
How well those companies’ CEOs pass the baton will have a big impact on their companies’ futures.