The merging companies, Word Systems Inc. and iRecord LLC, will operate as Word Systems LLC and retain all management and employees, officials said.
The number of publicly traded Indiana companies has fallen by more than half since 1990.
Hammond Kennedy Whitney & Co. Inc. already has taken controlling stakes in five firms with money raised in its latest nine-figure investment pool.
Elizabeth Warren’s plan, the latest in a series of policy ideas that have propelled the Massachusetts senator to the top tier of the 2020 Democratic presidential primary field, would hold private equity firms liable for debts and pension promises made by the companies they acquire.
FormAssembly launched in 2006 and this is first time it will take outside money. The company says the investment comes in the midst of a wave of consumer demand for data regulation.
For a startup that has raised an eye-popping $71 million in just three years, Outpost Medicine LLC likes to keep a low profile. The young company, which is developing drugs for urinary and gastrointestinal disorders, is headquartered in small, unmarked space at the Parkwood Crossing office complex on East 96th Street. It has issued only a […]
Venture capital focuses generally on companies that are either pre-revenue (a company pursuing an idea, concept, product, service, etc., but not yet generating any significant revenue), or not generating enough cash flow to pay most, if not all, expenses.
The local recipients are produce distributor IF&P Foods, parent of Indianapolis Fruit and Piazza Produce; and Wild Sports, which makes sports-themed tailgating games and accessories.