Indianapolis-based health-tech company GeoH lands $30M investment
GeoH offers a software platform that home care agencies can use for things like billing, staff scheduling, payroll and analytics, as well as a handful of other services.
Deals
Security products company Allegion on acquisition spree in 2025
Allegion, whose Americas division is based in Carmel, has completed nine acquisitions so far this year—a significant increase from recent years.
Carmel-based SePro acquires California-based AI startup
SePro offers water-quality analysis services and chemicals that address problems such as algae blooms and invasive weeds in surface water sources ranging from backyard ponds to large lakes and reservoirs.
Lawrence-based Schneider Geospatial acquires Boston software firm
Lawrence-based software firm Schneider Geospatial, which has more than doubled its employee base over the past three years, just acquired its fifth company since 2022.
Report: Indiana tech venture capital activity lower in first half of 2025, mirroring national trends
Nationally, $23 billion was raised through May, according to PitchBook, far less than the forecasted $90 billion.
Indiana-based Hallmark Home Mortgage to be acquired
One of the nation’s largest mortgage lenders is purchasing Hallmark, which has branches in Indianapolis, Brownsburg, Plainfield and elsewhere in Indiana.
Indy-based BCforward invests $1M in Indianapolis AI consulting startup
BCforward founder Justin Christian said the Stellar investment is one of several moves his company has made over the past year or so to position the company for future growth.
Fishers-based tech firm Trabian acquires software platform
Fishers-based software development firm Trabian Technology Inc. has acquired a platform that the company says will allow it to work more quickly and efficiently. As part of the acquisition, Trabian also picked up some of Core10’s customers and a handful of its employees.
Carmel-based trucking tech firm DriverReach acquired
DriverReach’s founder and former CEO said he’s now turning his focus to a nonprofit he launched last year.
Indianapolis-based startup Pillar acquired by fellow HR tech company
Pillar, which launched out of High Alpha in 2021, offers a platform employers can use to help evaluate job candidates during the interview process.
Indianapolis-based Gate Neurosciences to acquire California-based startup
Indianapolis-based Gate Neurosciences, which is in clinical trials of a medicine to treat depression, plans to acquire California-based biotech startup Boost Neuroscience.
Thurston Springer acquires Florida-based financial firm
Indianapolis-based financial firm Thurston Springer Financial has acquired Florida-based Peak Reps in a deal that closed Jan. 31.
Allegion plans to acquire Australian company that makes door hardware
Allegion, which has made several acquisitions over the past year, is headquartered in Ireland, but its Americas division is based in Carmel.
Financial Center to absorb Post Office Credit Union in merger
Financial Center First Credit Union, which is among the Indianapolis area’s largest credit unions, plans to merge with the Indianapolis Post Office Credit Union.
Local dealmakers say 2025 should be a big year for M&A activity
The promise of a lighter regulatory environment from the Trump administration, lingering effects of the pandemic and a proliferation of would-be buyers all suggest 2025 will be a year of robust dealmaking.
Mergers, acquisitions without publicly released financial details
Here are notable Indianapolis-area mergers and acquisitions that closed in 2024 for which financial details were not available.
IAC approves plan to spin off company once known as Angie’s List
New York City-based media conglomerate IAC, which acquired Indianapolis-based Angie’s List in 2017, announced Monday that it plans to spin off its ownership stake in the company, which now operates as Angi Inc.
Old National to acquire Minnesota bank in $1.4B deal
Wall Street appeared to welcome the deal. Shares of Evansville-based Old National were trading at $23.30 shortly after 11 a.m. Monday, up 7.6% from Friday’s closing price.
Indianapolis-based KSM acquires New York City-based firm
Katz Sapper & Miller, the largest accounting firm in Indianapolis, has significantly increased its presence in New York City through the acquisition.
Fishers-based Qumulex acquired by Texas company
Fishers-based Qumulex offers cloud-based video surveillance and access control systems for businesses. The company has been acquired by Texas-based Synerion USA Inc.