Old-line metal-fabrication company sees revenue surge under new ownership
Until a few years ago, Indianapolis-based IMH Products was stuck in neutral—turning a profit, yes, but doing so with outdated equipment and without an emphasis on growth.
Growth
Fast-growing Sharpen Technologies could add 75 employees by end of 2021
Sharpen Technologies, an Indianapolis-based developer of cloud-based customer service software, came out of the gates fast this year, and despite a pause in March has continued to experience dramatic growth right through the pandemic.
Probo Medical is straying from narrow focus to continue rapid growth
The Fishers-based company’s latest acquisition realizes its transition from a niche repair firm for ultrasound components to a multinational imaging-machine supplier.
Global scale-up accelerator expanding presence in Indy
Endeavor, which helps companies access talent and capital but takes no equity, is hunting for six to eight companies for its second Midwest cohort, an eight-month mentoring program which begins April 23. Endeavor officials want at least of those companies to come from central Indiana.
ActiveCampaign’s massive VC haul to trigger growth at Indy office
ActiveCampaign, a Chicago-based marketing technology company that recently opened an Indianapolis office, announced this week it landed $100 million in Series B funding that will help it grow locally.
Health care systems scramble to offer latest in cancer care
Indiana University Health’s new Schwarz Cancer Center is the latest addition to a crowded landscape of cancer centers and hospital oncology programs popping up around central Indiana.
Veterinary practice growing at greyhound speed
Indianapolis-based Pet Wellness Clinics opened its first clinic in Fishers in 2005. The company became profitable a year later and has been in the black—and growing—ever since.
Digital marketing firm Lev plans to add 80 jobs as it grows quickly
Lev added 92 employees in 2019, exceeding the goal of 70 new hires that it set when it announced the move of its headquarters to Indianapolis in February 2019.
Fiber network firm looks beyond Indiana for growth
Intelligent Fiber Network has spent the last 18 months rebranding—including a name change that telegraphs its growth plans—and ramping up its marketing.
BHI Senior Living on growth tear, even as some of its rivals sputter
The retirement community operator had revenue of $51.4 million last year, up 4% from 2017, according to its Form 990 tax return.
Family-owned Beck’s unfazed by multinational seed rivals
A seed is an appropriate metaphor for Beck’s Hybrids, while its competitors in the fast-consolidating farm-seed industry might be compared to the towering plant in Jack and the Beanstalk.
Water-management software firm 120WaterAudit lands $7M in funding
Zionsville-based 120WaterAudit plans to use the funds to improve its digital water-program-management platform and expand sales and marketing.
Restaurant chain prospers by staying out of the street-side marketplace
Carmel-based CC Holdings manages dozens of restaurants and coffee shops, but few are in conventional locations.
Hendricks County Icon grows in tough newspaper times
In the wake of the May closure of The Hendricks County Flyer, Grow Local Media is expanding its own Hendricks County paper.
Audio-products maker Klipsch rocking as parent struggles
The manufacturer has reinvigorated its product line, brokered new partnerships, and greatly expanded its sales footprint, but the tune from parent New York-based Voxx International Corp. is far less melodic.
Martinsville sock-maker FBF Originals ready to run
The Morgan County town’s best-kept entrepreneurial secret might not be a secret much longer, thanks to private equity ownership, an expanded management team, and ambitious plans to double revenue.
New owner to push Indiana Limestone into global markets
The newly merged company has big plans for broad rollout of the natural stone, which is considered superior to other types of limestone quarried throughout the world.
Noblesville mayor-elect Jensen views projected population surge as opportunity
But first—Chris Jensen said—the city needs to take steps that will help guide and keep a handle on the coming influx of residents and businesses.
Angie’s List set for big growth two years after acquisition
Now a part of New York-based IAC’s ANGI Homeservices Inc., Angie’s List is achieving record sales and planning for major growth in Indianapolis.
Undaunted by internet, Indianapolis Public Library adds branches, boosts visits
The Indianapolis Public Library system is on a physical growth spurt, even in an increasingly digital age where a growing portion of its collection exists only online.