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Sale of Carmel senior community a big win for residents owed millions
The Barrington, which began hemorrhaging money soon after opening in 2013, is being acquired by Indianapolis-based Prairie Landing Community Inc. for $61 million.
Presidential candidates use Indy convention to talk about racial inequality
Five Democratic presidential candidates shared their vision for creating more equality on issues like jobs, wages, health care and voting rights Thursday morning at the annual National Urban League conference at the Indiana Convention Center.
Greenwood apartment complex sold to out-of-state investors for $40M
Copper Chase, one of the largest apartment complexes in Greenwood, received nearly 20 offers, including several from companies looking to make their first foray into the Indianapolis multifamily housing market.
Jet-setter: Buttigieg leads 2020 Dems in private flights
The expenditures have enabled the South Bend mayor to keep up an aggressive schedule. But his reliance on charter flights contrasts sharply with his image as a Rust Belt mayor who embodies frugality and Midwestern modesty.
IPL seeks to raise rates over next seven years to cover $1.2B in new equipment
The monthly rate increases, if granted by state regulators, would likely be about $1.50 for the typical household customer in the first year. That monthly amount would increase by an additional $1.50 each year, or by about $10.50 over the seven years.
West Elm hotel no longer part of Bottleworks development
Plans to open a West Elm hotel in the Bottleworks District have been scrapped, but the developer says it still intends to include a hotel in the massive redevelopment project on Mass Ave.
Fast25 – 2019
Click here to see IBJ’s list of fastest-growing Indianapolis-area private companies. 1. Hoosier Logistics 630% Revenue: $42.4M 2. Probo Medical 398% Revenue: $30.1M 3. Etica Group 242% Revenue: $8.6M 4. GadellNet IT Consulting 218% Revenue: $3.6M 5. Sipes Asphalt Solutions 187% Revenue: $4.5M 6. eGov Strategies 184% Revenue: $6.9M 7. Barratt Asset Management 142% Revenue: […]
Black Acre Brewing Co. expanding operations in Irvington
The 7-year-old brewery, restaurant and taproom is two to three months away from opening its Zionsville location. In the meantime, it’s also making big improvements to its facilities at its home base in Irvington.
Fast 25: Innovatemap
Revenue growth FY 2016 to 2018: 109% 2018 revenue: $4.2 million Major achievements: CEO Mike Reynolds said 2018 was “a banner year” for Innovatemap, a digital-products agency that helps tech companies put the best possible product into the marketplace. The team grew to 21 members, up from 16, and in February 2018 the company solidified […]
Fast 25: Hoosier Logistics
The company typically hauls from the Midwest to the West Coast and then brings fresh produce back—lettuce, strawberries, cherries.
Fast 25: Probo Medical
The company has grown explosively by helping health care systems save money through the use of refurbished ultrasound probes and related products.
Fast 25: Etica Group
The consulting firm—which provides such services as architecture, civil engineering and construction inspection—further accelerated growth with a big acquisition in 2017.
Fast 25: GadellNet IT Consulting
The company, which provides outsourced IT services, has been able to grow explosively despite spending little on marketing.
Fast 25: Sipes Asphalt Solutions
Since launching in 2013, the company has relied on word-of-mouth and reputation to build its customer base.
Fast 25: eGov Strategies
The company processes more than $1 billion in credit card and debit card payments and income-based repayments online for cities, counties and states.
Fast 25: Barratt Asset Management
The real estate firm has found success with a formula of buying apartment communities, then improving them and adding management efficiencies.
Fast 25: Phoenix Financial Services
Americans’ penchant for debt has helped fuel growth at the company, which specializes in collecting when bills go unpaid.
Fast 25: Professional Management Enterprises
The company, which provides IT staffing and support, has thrived partly because of its strong relationships with Anthem Inc. and Merchants Bank of Indiana.
Fast 25: Rehab Medical
Three acquisitions have helped accelerate the growth of the company, which provides physical rehabilitation equipment to doctors, patients and other clients.