Genesys leader: ‘We’re going to start growing again in Indianapolis’
In interview with IBJ, Genesys President Tom Eggemeier says the company is pleased with its Interactive Intelligence acquisition and plans to ramp up its local headcount.
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Investors willing to bet on Angie’s List-HomeAdvisor combo as stock surges
A week after the announced acquisition of Angie's List, its shares are trading 38 percent above the offer price—signaling optimism about the forthcoming public company combining Angie's List and HomeAdvisor.
Tech leaders claim mixed emotions about Angie’s List sale
They’re wondering if Angie’s List will be like ExactTarget, whose acquisition spawned job growth, or if jobs will erode over time. They’re also concerned about losing yet another mature, locally based tech firm with a major corporate presence.
Carmel advertising agency changes hands
After recovering from the loss of a big client in 2014, the founder and CEO of Fat Atom Marketing has handed over the keys to two employees.
Other suitors will have chance to outbid HHGregg’s proposed buyer
The Indianapolis-based appliance and electronics retailer says it has interest from dozens of potential purchasers.
Waste services firm bought by Florida company in $66M cash deal
CGS Services Inc. was on its fourth generation of family ownership when Florida-based Advanced Disposal Services bought the central Indiana company.
Indy-based auto auction firm acquired by Dallas company
Currently operating in eight states, the firm was founded in 2000 by three executives who had previously worked at another local auto auctioneer, Carmel-based ADESA.
Lilly buying developer of pain-management drugs for $960M
The Indianapolis-based drugmaker’s purchase of the biotech firm CoLucid Pharmaceuticals will give it access to a late-stage experimental medication for migraine headaches.
Jay’s Moving acquires family-owned Fort Wayne firm
Founded in Indianapolis in 1951, Jay’s Moving Co. had been plotting the expansion outside of central Indiana for three years.
Brehob Nursery sells to out-of-state conglomerate
Brehob, founded in 1969 and employing about 170 workers for most of year, will move its corporate offices from the south side of Indianapolis to Westfield.
Indy-based 3R acquired by Ohio home products firm
3R Products & Services LLC, which has 30 employees, joins a publicly traded behemoth with an aggressive strategy of growth by acquisition.
Carmel-based KAR Auction buys Michigan firm for $76M
The Flint business will become part of KAR’s Adesa unit, which offers wholesale used-vehicle auction services.
Packaging entrepreneur, 84, to sell family firm for $100M
Bob Haddad started the box company in 1975. It since has branched out to a wide variety of products and several location in Indiana and Illinois with 300 employees total.
Angie’s List CEO says timing right to consider suitors
CEO Scott Durchslag said Tuesday the company wants to be proactive instead of reactive when it comes to courting suitors, a stark shift from his tone about the matter last year. Also, the company is gearing up to slash jobs in a cost-cutting effort.
Gannett gives up on Tronc takeover
The giant media firm’s target was elusive from the beginning. It revealed in the spring that it was offering $388 million for the Chicago company, which it said refused to partake in “constructive discussions.”
Scotty’s Brewhouse founder negotiating to sell stake in chain
The deal with an Arizona-based private-equity firm could take the small Indianapolis-based chain to 200 restaurants within the next four years, including locations in Japan.
Merger dance between Interactive Intelligence, suitor started in 2012
The Indianapolis-based software firm fielded escalating offers over the years until a last-second reduction in bid price from buyer Genesys Telecommunications Laboratories Inc., according to a new public filing.
Interactive’s windfall big—but won’t create wealth ExactTarget sale did
Tech observers said they view Interactive’s sale as a net positive for the city, mostly because exit events spur some employees to invest their money and talent in new places.
Hurco profit falls as demand for machine tools diminishes
North American sales for the Indianapolis-based manufacturer dropped 19 percent in the third quarter due to pricing pressure and reduced consumption of machine tools.
Vertellus to be acquired by lenders after no other bids surface
Chemical company Vertellus Specialties Inc. says the $454 million deal arranged in bankruptcy proceedings will allow it to continue operations with its current leaders.