Allure of IPO fades for fast-growing Hoosier firms
Candidates for initial public offerings are increasingly opting for mergers or private equity instead.
Candidates for initial public offerings are increasingly opting for mergers or private equity instead.
Here is a summary of notable Indianapolis-area mergers and acquisitions that closed in 2016 for which financial details were not available.
A Chicago-based chain is taking a crack at the street-level space in Salesforce Tower previously occupied by Paradise Bakery & Cafe.
The properties, in Carmel and Zionsville, had been owned by the late Dr. John Norman Pittman and were sold in three separate transactions.
Noble Roman’s Craft Pizza & Pub is described as “a modernization and redesign” of the original Noble Roman’s pizzeria concept, which originated in 1972.
Gershman Partners had hoped to start construction late last year, but the mayor of Greenwood says large retailers have been slow to commit to the project, causing the delay.
The 2017 increase likely won't be large. But a range of local companies, from logistics providers to auto auctioneers, will be keeping an eye on the situation.
Under a bill proposed Tuesday, cities and towns in Indiana wouldn't be permitted to ban short-term rentals that are found on websites such as Airbnb.
The Indianapolis-area industrial market ended the year with vacancy of just 3 percent, nearly half of what it was at the end of 2015. The upshot: More properties are needed, and several million square feet of space are in the pipeline.
Contractors and at least one landlord say Marsh Supermarkets has fallen behind on rent and other bills—a development that suggests the locally based chain is facing heightened financial strain.
The local real estate firm bought the Parkwood West building and 14 acres of adjoining land from Duke Realty, which is exiting the office market.
The Noblesville-based not-for-profit has proposed a $2.1 million project to build residential units on a 2.4-acre property between 105th and 106th streets, east of McPherson Street.
An iconic architectural landmark that would create a gateway to downtown is one of several features city officials want as part of a redevelopment of the former General Motors stamping plant site.
Indiana-based banks have benefited from a post-election stock jolt hitting financial stocks across the country.
The wrecking ball is busy at Community Hospital East, knocking down one building after another, as workers ready the site for a brand-new, $175 million hospital.
A Carmel man who leads a local IT consulting and staffing company has been charged with conspiracy to commit wire fraud and money laundering.
Hoosier companies signed 31 venture capital deals worth $77 million last year, a 16-year-high for deal activity that underscores Indiana’s growing variety of high growth firms.
The deal includes in-stadium signage, radio broadcast ads and live in-game mentions, as well as sponsorship of the pre-game injury report.
The Seattle-based coffee chain will no longer sell beer and wine at more than 400 U.S. locations, including as many as nine in central Indiana.