Six from Indiana make top 500 on Inc.‘s fastest-growing list
A half-dozen Indiana companies were ranked in the top 500 in Inc.'s annual list of the the nation's fastest-growing private companies, but only two are from Indianapolis.
Private Companies
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Web startup aims to connect private businesses, investors
Private firms that need to raise relatively modest amounts of capital have a hard time finding money. Now three Indianapolis entrepreneurs think they have the answer: crowdfunding. Individuals make small investments that are aggregated to fund a business. Indianapolis-based Localstake wants to be the matchmaker.
Indianapolis fastest-growing companies run the gamut
This year’s list of fastest-growing private companies in the Indianapolis area is a diverse lot, operating in industries ranging from human resources to office furnishings to construction to home health care and games.
Commodities fueled some of Indiana’s largest private companies in ’11
Oil, grain were particularly helpful for cooperatives. An improved economy also propelled manufacturers ahead.
Sale of Fortune Industries would take company private
The company is set to be purchased by CEP Inc., a holding company led by Fortune Industries CEO Tena Mayberry and Chief Financial Officer Randy Butler. But several law firms are investigating the sale for potential unfairness on behalf of shareholders.
Wheaton acquiring residential mover Bekins
Wheaton World Wide Moving is buying the nation’s oldest and one of its largest household movers, Bekins Van Lines. The deal is expected to bring 38 jobs to Wheaton’s northeast-side headquarters.
Acquisition-minded investors eye Indiana companies
As deadlines loom, private equity firms, others, move to deploy capital.
Great-grandson of LDI’s founder prepares to take reins
In a world that likes to see businesses grow by leaps and bounds, LDI Ltd. is a tortoise. The family-owned holding company typically hangs onto firms in its portfolio for 15 years or more. It might take more than two years to zero in on an acquisition target. And it’s putting its next CEO, J.A. Lacy, through a year-long apprenticeship.
Maregatti Interiors acquired by HKS architectural firm
Indianapolis’ largest commercial interior design business has been purchased by the national architecture firm that designed Lucas Oil Stadium.
Suit alleges religious bias at Defender Direct
A religious discrimination lawsuit brought in federal court by a former Defender Direct manager has an unusual twist: The employee says she was fired for not embracing her boss’s religious beliefs. The company denies the charges.
Olympia Media Partners’ newspapers reaching more college campuses
IU grads add employees, revenue as they prepare to expand their company’s footprint to 45 schools.
ExactTarget preparing for another IPO attempt
ExactTarget Inc., which canceled plans for an initial public offering during the 2009 financial crisis, has hired JPMorgan Chase & Co. and Deutsche Bank AG to handle a new attempt, said sources familiar with the matter.
Not all fun and games for north-side comedy club
New owners’ focus on business practices, bigger-name comedians put Morty’s Comedy Joint on stronger footing.
Berry Plastics adding 120 jobs in Evansville
Berry Plastics Corp. plans to add 120 office jobs at its Evansville headquarters as it consolidates operations there.
City’s fast-growing companies surge with economic recovery
An economic recovery blowing against their backs propelled some Indianapolis-area companies to scorching growth.
State’s private companies performed unevenly last year
Fewer than half generated revenue increases.
Indiana public companies had banner year
Corporations staged advances across a variety of industries in 2010 as the economy improved.
2010 was great for Indiana’s 100 largest companies
Despite enjoying rising revenues and profits, companies haven’t followed with big increases in job numbers.
Locally based Business Furniture expands into Illinois, Iowa
New markets to be added later this year are expected to double the company’s sales within five years.
ExactTarget stays patient as riches from IPO await
CEO Scott Dorsey says remaining private in the short term allows the company to more easily exploit business opportunities on the horizon.