Mickey Maurer and Bob Schloss have shared ownership of the media company for 27 years but decided to bring in Nate Feltman as part of their succession plan.
A private equity firm has purchased a stake in a local family-owned company with operations across the country as its two founders retire and the next generation takes the helm.
Branding Brand, a Pittsburgh-based retail software company with a few ExactTarget alums of its own, has scooped up Indy-based Waysay, founded last year by two former ET’ers.
It’s the first venture funding round for 3-year-old Clear Software, an early mover in the trend of making pre-existing business software easier to use.
The investment was in line with comparable quarters in recent years, but there’s evidence that at least one significant deal didn’t make the list.
Biglari Holdings Inc. has won a major legal victory as a separate fight with a dissident shareholder turns personal.
Mobile-app developer Bluebridge Digital is moving to bigger offices, adding employees, and including ExactTarget co-founder Scott Dorsey as an investor.
One of the state’s largest privately held banks could bring in as many as 500 new shareholders to help fund growth. A planned acquisition fell apart early last year.
Nine of the 16 firms who announced their plans with state officials Thursday expect to boost operations and employment in the Indianapolis area, forecasting 933 jobs.
Privately owned businesses in Indiana will be able to raise investments online as part of a bill on the way to Gov. Mike Pence’s desk.
Derek Pacqué, who started CoatChex in 2010, appeared a year ago on the ABC show in which entrepreneurs pitch their ideas to prominent investors. Billionaire Mark Cuban offered to invest but wanted a large ownership stake. Pacqué said no, and has since grown his company.
But really, he said, the company is doing just fine without the billionaire.
The attorney charged with recovering some $200 million for the 5,300 investors bilked by Tim Durham’s Fair Finance Co. plans to continue filing lawsuits for reparations into next year.