Dealers Wholesale acquires Wisconsin-based security business
The Indianapolis-based distributor of commercial doors, business hardware, and security systems has completed a deal for ClearPath Connections of Pewaukee, Wisconsin.
Carmel
-
Real estate exec Woodard seeks adaptive reuse for old fan factory
Real estate executive Turner Woodard has closed on the acquisition of the former Horton Fan Factory in Carmel and plans to market it to an array of potential users.
Read More -
Crumbl Cookies continues local expansion with Carmel store next on list
The Utah-based gourmet cookie franchise arrived in Indiana with five stores in 2021, starting with a Fishers location a year ago.
Read More -
Carmel-based GyanSys acquires Vancouver-based Salesforce partner
With the acquisition of British Columbia-based Groundswell Cloud Solutions, GyanSys now has more than 250 employees who work in the firm’s Salesforce practice.
Read More -
Former Marion County prosecutor Carl Brizzi dies
Brizzi, who experienced a number of setbacks and controversies throughout his career, was an of-counsel attorney with Lewis and Wilkins LLP at the time of his death.
Read More
Articles
Carmel-based DriverReach lands $7.5M in equity funding
DriverReach, founded in 2016, offers a platform that makes it easier for customers to hire commercial truck drivers. The company said it plans to use its additional funding on hiring and product research and development.
Carmel-based maker of cannabinoid products to hire as many as 270
3C Labs LLC, a cannabinoid research and manufacturing firm, intends to invest $1.5 million in expanding its Indy-area operations, according to a contract with the Indiana Economic Development Corp.
2021 Year in Review: Lessonly, KAR among tech dealmakers
Indiana’s tech sector hit a red-hot cycle of mergers and acquisitions, pushing the number of deals well past marks set in 2018, 2019 and 2020 by the end of 2021’s third quarter. Experts said the M&A activity spoke to how the state’s tech sector had matured, as well as the gobs of cash burning holes in investors’ pockets.
2021 Year in Review: Republic Airways to move HQ, training facilities
Indianapolis-based Republic Airways Holdings Inc. announced Sept. 21 that it will move its corporate headquarters to Carmel and consolidate its training programs there as part of a mixed-use development project.
Carmel’s Palladium plans return to on-site, in-person format for 2022 gala fundraiser
Following an online fundraiser in 2021, the Center for the Performing Arts has lined up vocal group Straight No Chaser for next year’s event.
Carmel-based company bringing ‘floatovoltaics’ to Midwest
Solential Energy Solutions LLC is partnering with France-based Ciel & Terre to secure solar arrays engineered to float on the surface of reservoirs and treatment lagoons.
Eatery in Fishers Test Kitchen expands to Carmel, while alum plans to revive concept in Holy Cross
Queenie’s French Bread Pizza opened this month at Sun King Spirits in Carmel, and Natural State Provisions has announced it’s taking over the former site of Flat 12 and Rad Brewing in Indianapolis.
The Fresh Market grocery chain plans second Carmel location
Upscale grocery chain The Fresh Market intends to place a store in the former site of an Earth Fare store in Carmel.
Methodist Sports Medicine announces name change in wake of lawsuit
IU Health sued the physician group last month, claiming trademark infringement and unfair competition, after it learned Methodist Sports Group and Franciscan Health were teaming up on a new hospital.
Upscale Mexican chain planning downtown eatery, cantina
Los Arroyos Mexican Restaurant and Take Out, which opened a Carmel restaurant in 2016, is branching out with plans for a location near the mouth of Mass Ave.
North of 96th roundup: Cupcake bakery, Books & Brews store set to close
Hamilton County will soon be losing a cupcake bakery and a combination bookstore and bar, but it’ll be gaining a Just Love Coffee Cafe and two poke eateries. Also on the agenda is the return of Flix Brewhouse.
Allegion Ventures launches $100M technology investment fund
Allegion says it had such success with its first investment fund, which launched in 2018, that it’s now starting a second fund that’s twice the size of the original.
Carmel offers new details on $47M ‘1st on Main’ development
Plans call for the 1st On Main development—previously known as Lot One—to include a four-story office building with first-floor restaurant space and a private rooftop terrace, luxury condominiums, upscale apartment units and a parking garage.
Owners of high-end Carmel seafood restaurant plan sister eatery in Fishers
The owners of Monterey Coastal Cuisine in Carmel announced plans Tuesday to open a sister restaurant in the Nickel Plate area of Fishers called Tiburon Coastal Cuisine.
Carmel seeing flurry of new restaurants
Several new restaurants have either opened or are planning to open in Carmel, including a new Hawaiian-inspired cafe, a triple-concept eatery, a library coffeehouse and a milkshake shop.
KAR Global completes $450M purchase of California auction company
Escondido, California-based Carwave, founded in 2009, serves franchised and independent dealers in California and has been expanding into other states, including Arizona, Nevada, Oregon and Texas.
Carmel used-car auction company sold to New York firm
Detroit-based private equity firm Huron Capital has sold XLerate Group—a company it formed in 2014— to a firm in New York.
Telamon founder Albert Chen launches firm to put ‘cobots’ in factories
Retired from Telamon Corp., Chen founded Telamon Robotics, which sells collaborative robots and helps companies integrate the technology into their operations.
Roots Burger Bar in Muncie growing with new restaurant in Carmel
The ownership group, headed by former Scotty’s Brewhouse owner Scott Wise, has agreed to lease a 2,500-square-foot space in a retail center that recently underwent a transformation.