Articles

J.D. Byrider sold to private equity firm

The Indianapolis-based used-car chain has been acquired by Altamont Capital Partners near San Francisco, in a deal Byrider executives say will give the franchisor the necessary capital to grow.

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Watchmaker has a flair for precision

Bill Rostiser has practiced watchmaking for more than half of his life. At 60, he has worked 38 years at Windsor Jewelry just south of Monument Circle. During that time, he watched the downtown area flourish, along with the business.

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David Marsh fears criminal charges from IRS probe

Attorneys for David Marsh say information the executive has received from the IRS suggest he might face both criminal and civil charging stemming from expenses he submitted for reimbursement while serving as president of Marsh Supermarkets Inc.

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Insurer coveted by Biglari sold to another firm

Steak n Shake's parent company, Biglari Holdings, twice tried to acquire Fremont Michigan Insuracorp Inc. before the insurer agreed to be sold to Michigan-based Auto Club Insurance Association. Biglari, which owns nearly 10 percent of the insurer's shares, nevertheless was a winner in the sale.

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Pop-up retailers emerging in Indianapolis

With the retail vacancy rate hovering around 13 percent locally and nationally, temporary retailers are becoming a fact of life in malls, strip malls and downtowns around the country.

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