Louisiana-based The Purple Guys, a provider of managed IT services, has completed the acquisition of Accelerate, an Indianapolis-based IT services provider. While financial terms of the deal were not disclosed, The Purple Guys says the acquisition expands its presence in the central U.S. and provides additional resources and support for clients.... Read More
Fort Wayne-based SOLV Holdings, which is an affiliate of private equity firm Ambassador Enterprises, has acquired Custom Sound Designs, an audio, visual, lighting, and acoustic design firm headquartered in New Haven. While financial terms of the deal were not disclosed, SOLV says CSD has a track record of growth, expertise, and successful project execution.... Read More
Thrive West Central has launched a Regional Housing Initiative to address current challenges in the housing sector. The first phase of the efforts will involve the development of a regional housing study and action plan for the west central Indiana region.... Read More
Purdue University and Wabash, formerly Wabash National, have formed an educational partnership that will train employees to implement and lead digital efforts to match pace with the changing industry.... Read More
Indianapolis-based Elevate Ventures has hired a new entrepreneur-in-residence in central Indiana. Elevate says Titilayo (Titi) Obasanya will lead and advise entrepreneurs who want to start and grow a business.... Read More
The Indianapolis-Marion County City-County Council was awarded the John L. Krauss Award for Public Policy Innovation by the Indiana University Public Policy Institute. IU says the biennial award is presented to an individual or entity for applied research or activity that helps the state of Indiana or Hoosier communities with real-world solutions.... Read More
Elkhart-based LCI Industries (NYSE: LCII) is reporting first quarter net income of $196.2 million, up $122.1 million during the same period last year. LCI Industries’ President and Chief Executive Officer Jason Lippert says the company achieved record revenue and EBITDA during the quarter.... Read More
The Indiana Department of Education has named 15 schools throughout the state as STEM Certified Schools. The certification is awarded to schools that are “focused on a commitment to teaching STEM disciplines beyond the classroom.”... Read More
Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has completed the acquisition of Diamondback Towers LLC, a Florida-based manufacturer of wakeboard and ski towers and accessories for marine original equipment manufacturers. Financial terms of the deal were not disclosed.... Read More
Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) is reporting first quarter net income of $48 million, compared to a net loss of $61 million during the same period last year. Chief Executive Officer Jeff Simmons says the results demonstrate "consistent delivery and strong execution" throughout the business.... Read More
