The owners of landscaping firm Heath Outdoor LLC have acquired True North Landscaping LLC, creating an Indianapolis-based company that is expected to have 60 employees and bring in $5 million in revenue this year.
Schmidt Associates principal and CEO Sarah Hempstead said her downtown firm has been looking to expand by tapping into new markets.
Indianapolis-based market leader Denison Parking Inc. on Monday said it acquired EZ Park of Indianapolis Inc., the second largest parking operator in central Indiana.
Defenders owners David and Jessica Lindsey, who founded their home security and automation company in 1998, received roughly 16.3 million shares of ADT common stock for their 100% stake in the company, ADT said.
The acquisition of 65-year-old Cardinal Workplace Solutions is the 10th for Office360 since its launch in 2008 and will help the company expand its footprint in Kentucky and Ohio.
The deal, which is expected to close by mid-2020, will swell Elanco from the world’s fourth-largest animal health player to the second-largest, behind only New Jersey-based Zoetis.
In one of the year’s highest-profile tech deals, two out-of-state private equity firms took a majority stake in Fishers-based tech company ClearObject, which for years has ranked among the fastest-growing firms in the Indianapolis area.
Elif Ozdemir purchased the eatery at 9 E. Market Street in November with the goal of keeping the existing pizzeria largely as is—although she plans to add a food truck.
Mimir Corp., a five-year-old Indianapolis-based educational technology company, announced Tuesday it has been acquired by Silicon Valley-based HackerRank. The California-based buyer said it would retain Mimir’s employees and grow its presence in Indianapolis.
The combined firm, Faegre Drinker Biddle & Reath LLP, will have 1,300 attorneys and consultants in 22 offices, making it one of the nation’s 50 largest law firms. The merger does away with the names of Baker and Daniels, which had been part of the firm’s moniker for 130 years.
Sigstr, which sells software that enables companies to leverage employee emails for marketing purposes, is expected to maintain—and grow—its Indianapolis presence under the Terminus name, company officials said.
Renew Indianapolis will merge with the King Park Development Corp. on Jan. 1.
Indianapolis-based Circle City Rebar will continue to operate under the leadership of Frank Davis, who founded the firm in 2005.
Indianapolis-based Gemco Constructors LLC has acquired Carmel-based Real Mechanical Inc., a mechanical contracting firm founded in 1978.
Beginning in January, the community development organizations will operate as one, with a joint 15-member board of directors and a four-person executive leadership team.
Nyhart has agreed to be acquired by Dresher, Pennsylvania-based Ascensus, the nation’s largest independent provider of retirement and college savings services.
The offer comes as luxury goods companies have been wrestling with changing habits of shoppers who are increasingly buying online.
An Indianapolis native, DuJuan McCoy expects to use his status as a local owner and the wisdom he’s acquired as a national turnaround artist to improve the station’s fortunes.