Indianapolis-based tech firm Malomo acquired
Malomo was founded by serial entrepreneurs Yaw Aning, 2021 winner of Mira’s Rising Entrepreneur Award, and the late Anthony Smith.
Mergers & Acquisitions
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Local investment firm plans co-working, event space at former Scouting HQ
The Golden-Burke Scout Center, which for 15 years was the home of the Crossroads of America Council, has been on the market since last February.
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Dozen-plus Indy-area industrial parks sold to California firm
The portfolio consists of 38 buildings in total with a healthy collective occupancy rate of 97.5%. Their value as renovated space is far greater than new construction, according to the seller.
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Indy Maven CEO sells company to pair of local residential brokers
Leslie Bailey sold Indy Maven to residential real estate brokers and entrepreneurs Colleen Hungerford and Bhavna Thapar.
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Owner of WISH-TV announces $83M acquisition of WRTV-TV
Indianapolis-based Circle City Broadcasting LLC will add ABC affiliate WRTV-TV Channel 6 to its portfolio of WISH-TV Channel 8 and WNDY-TV Channel 23.
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Articles
KSM accounting firm establishes investment banking business with acquisition
Katz Sapper & Miller, the largest accounting firm in Indianapolis, has acquired the investment banking business of Grand Rapids, Michigan-based Charter Capital Partners, it announced Tuesday.
Butler to host conference on entrepreneurship through acquisition
Buying a business is nothing new, but entrepreneurship through acquisition—or ETA—has caught on in recent years among those who want to become business owners but don’t want to start a company from scratch.
Lilly to acquire California-based biopharma company in $1.2B deal
Indianapolis-based Eli Lilly and Co. announced Wednesday it intends to acquire Ventyx Biosciences, a clinical-stage biopharmaceutical company developing oral therapies for inflammatory-mediated diseases.
Lilly in talks to buy Ventyx Biosciences for more than $1B, WSJ reports
Ventyx is a San Diego-based biotech that specializes in drugs for inflammatory diseases like Crohn’s and rheumatoid arthritis.
Warner Bros rejects Paramount takeover again, tells shareholders to stick with Netflix bid
Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures—and urged shareholders to back its the sale of its streaming and studio business to Netflix for $72 billion. Paramount, meanwhile, has made efforts to sweeten its $77.9 billion hostile offer for the entire company.
Meta buys startup Manus in latest move to advance artificial intelligence efforts
Meta CEO Mark Zuckerberg has been pushing to revive its commercial AI efforts as the company faces tough competition from rivals such as Google and OpenAI.
M&A activity gaining steam heading into 2026, Indiana attorneys say
Although the overall mergers and acquisitions market struggled to get going earlier in the year, it rebounded in the third and fourth quarters.
Dormakaba to acquire Clarksville-based turnstile company
Avant-Garde Systems Inc. has been one of the fastest-growing companies in the Louisville area in recent years.
Indianapolis-based Dealers Wholesale acquired by Lacy Diversified Industries
Earlier this year, LDI announced that former Indiana Gov. Mitch Daniels had joined its team as the company’s first executive partner, with the goal of focusing on investments in Indiana-based companies.
FullBeauty Brands to merge with menswear retailer DXL
The all-stock deal will result in a company with combined revenue of about $1.2 billion, the companies announced Thursday.
Carmel’s Clay Terrace shopping center acquired by Houston-based firm
The buyer said it will work with the city of Carmel over the coming months to develop a plan for the 493,000-square-foot retail center.
IBM buys data streaming platform Confluent in $11B deal
The deal is expected to help bolster the technology company’s artificial intelligence strategy.
Paramount goes hostile in bid for Warner Bros., challenging $72B bid by Netflix
President Donald Trump said Sunday that the deal struck by Netflix to buy Warner Bros. Discovery “could be a problem” because of the size of the combined market share.
Lawyers see rise in nonprofit mergers in Indiana, nationally
At a time of rising costs and uncertain federal funding, more and more nonprofit organizations have either merged or are considering a merger to expand their services and strengthen the efficiency of their operations.
Netflix to acquire Warner Bros. studio and streaming business for $72B
The acquisition would bring two of the industry’s biggest players in film and TV under one roof and alter the entertainment industry landscape.
Bankers bet big on 2026 after underwriting $65B in deals
Dealmakers are banking on markets remaining calm enough to sell on those commitments to investors.
Indianapolis-based Sharpen Technologies acquires California company
Sharpen Technologies has completed a deal for fellow call-center software provider Ytel Inc., it announced Tuesday, marking its third acquisition in three years.
Scripps adopts poison pill after takeover bid by Sinclair
The board said it took the action in an effort to ensure all shareholders get the best deal and protect them from “coercive tactics
Sinclair bids for rival TV broadcaster Scripps at $7 a share
The unsolicited bid from one of the largest U.S. TV broadcasters values Scripps at $538 million.