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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-04-09 Candent Technologies
Aerospace
Greenfield, Indiana
www.candent-technologies.com

Candent Technologies specializes in advanced turbomachinery, small heavy-fuel engines, quiet propulsors for marine vessels, electric-driven thrusters, electrical power generation, air compressors, 3D-printed heat exchangers, and energy recovery systems. Candent Technologies was founded in 2001 and is based in Greenfield, Indiana.

Add-on Acquisition

Bascom Hunter
Company
Aerospace
Baton Rouge, Louisiana
www.bascomhunter.com

-
Deal Link  
2025-04-02 Career Transitions
Staffing
South Bend, Indiana
www.careertransitionsllc.com

Career Transitions offers a range of services including talent acquisition, exempt contract staffing, outplacement, and career management services. With a focus on efficiency and success, Career Transitions provides retained, contingency, and contract staffing solutions to businesses looking to enhance their workforce. Career Transitions was formed in 1987 and is based in South Bend, Indiana.

Add-on Acquisition

Morales Group
Company
Staffing
Indianapolis, Indiana
www.moralesgroup.net

Advisor: Calder Capital

-
Deal Article Deal Link  
2025-03-18 Whiteland Raceway Park
Leisure
Indiana

Whiteland Raceway Park operates a go-kart track.

Add-on Acquisition

K1 Circuit
Company
Leisure
Winchester, California
www.k1circuit.com

-
Deal Article Deal Link  
2025-03-17 Bud's Plumbing & Repair Service
Business Services
Evansville, Indiana
www.budsplumbing.com

Bud's Plumbing & Repair Service is providing plumbing, sewer, and drain services. Bud's Plumbing & Repair Service was founded in 1920 and is based in Evansville, Indiana.

Add-on Acquisition
Value

$5

Kingsway Financial Services
Company
Consumer Services
Chicago, Illinois
www.kingsway-financial.com

Advisor: Holland & Knight

-
Deal Article Deal Link  
2025-03-05 Pillar
Staffing
Indianapolis, Indiana
www.pillar.hr

Pillar offers features like structured interviews, automated feedback collection, and AI interviewer training to help companies hire the right talent efficiently and equitably. Pillar is based in Indianapolis, Indiana.

Add-on Acquisition

Employ
Company
Software
Waltham, Massachusetts
www.employinc.com

-
Deal Article Deal Link  
2025-03-04 BandWagon RV Rentals
Transportation
Bowling Green, Indiana
www.bandwagonrentals.com

BandWagon RV Rentals is a provider of transportation solutions specializing in RVs for bands and crews that blend a luxury coach's comfort with a van's affordability. BandWagon RV Rentals was founded in 2009 and is based in Bowling Green, Indiana.

Add-on Acquisition

Celebrity Coaches
Company
Transportation
Hendersonville, Tennessee
www.celebritycoaches.rocks

-
Deal Article Deal Link  
2025-02-19 AudiencePlus
Information Technology
Indianapolis, Indiana
www.audienceplus.com

AudiencePlus is a content experience platform for B2B brands. Marketers at companies like copy.ai, Pavilion, and Compose.ly use AudiencePlus to publish and automatically distribute content to targeted audiences, and tie performance to pipeline while delivering beautiful brand experiences. AudiencePlus is based in Indianapolis, Indiana.

Add-on Acquisition

AudiencePlus
Company
Information Technology
Indianapolis, Indiana
www.audienceplus.com

-
Deal Article Deal Link  
2025-02-18 Boyce
Software
Daleville, Indiana
www.boycesystems.com

Boyce provides software solutions for financial management, payroll, and utility billing, along with printing and administrative services for public sector organizations. Boyce was formed in 1899 and is based in Daleville, Indiana.

Add-on Acquisition

BS&A
Company
Software
Bath, Michigan
www.bsasoftware.com

-
Deal Article Deal Link  
2025-02-14 Ra-Comm
Communications
Lafayette, Indiana
www.ra-comm.com

Ra-Comm specializes in providing two-way radio communication solutions for various industries, including public safety, education, manufacturing, and hospitality. Ra-Comm is based in Lafayette, Indiana.

Add-on Acquisition

Mobile Communications America
Company
Communications
Spartanburg, South Carolina
www.callmc.com

-
Deal Article Deal Link  
2025-02-13 Premium Environmental Services
Environmental
Newburgh, Indiana
www.premiumenvironmentalservices.com

Premium Environmental Services provides spill response and waste disposal solutions, allowing customers to address environmental release liabilities quickly, cost-effectively, and in compliance with federal, state, and local regulations. Premium Environmental Services is based in Newburgh, Indiana.

Add-on Acquisition

Crystal Clean
Company
Environmental
Hoffman Estates, Illinois
www.crystal-clean.com

Advisor: Allen Overy Shearman Sterling (A&O Shearman)

-
Deal Article Deal Link  
2025-02-11 Indiana Thermal Solutions
Consumer Services
Indianapolis, Indiana
www.its-indiana.com

Indiana Thermal Solutions is a provider of HVAC solutions, serving a diverse clientele across various industries. Indiana Thermal Solutions was founded in 2007 and is based in Indianapolis, Indiana.

Add-on Acquisition

Impact Climate Technologies
Company
Consumer Services
Atlanta, Georgia
www.impactclimatetechnologies.com

-
Deal Article Deal Link  
2025-02-11 Keller-Rivest
Consumer Services
Indianapolis, Indiana
www.keller-rivest.com

Keller-Rivest is a provider of HVAC solutions, serving a diverse clientele across various industries, and is headquartered in Indianapolis, Indiana.

Add-on Acquisition

Impact Climate Technologies
Company
Consumer Services
Atlanta, Georgia
www.impactclimatetechnologies.com

-
Deal Article Deal Link  
2025-02-07 Mayfield Insurance
Insurance
Mooresville, Indiana
www.mayfieldinsurance.com

Mayfield Insurance is an independent insurance agency offering comprehensive commercial and personal insurance, including life insurance, home, auto, and property. Mayfield Insurance was founded in 1921 and is based in Mooresville, Indiana.

Advisor: MarshBerry Capital
Add-on Acquisition

HUB International
Company
Insurance
Chicago, Illinois
www.hubinternational.com

-
Deal Article Deal Link  
2025-02-06 DAR The Rocchio Agency
Insurance
Carmel, Indiana
www.rocchioinsurance.com

The Rocchio Agency is an independent insurance agency providing commercial and personal insurance, as well as employee benefits services. The Rocchio Agency is headquartered in Carmel, Indiana.

Advisor: MidCap Advisors
Add-on Acquisition

HUB International
Company
Insurance
Chicago, Illinois
www.hubinternational.com

-
Deal Article Deal Link  
2025-02-04 TRS Group
Environmental
Indianapolis, Indiana
www.thermalrs.com

TRS Group is a provider in per and polyfluoroalkyl substances (PFAS), thermal, and holistic environmental remediation, having cleaned hazardous and toxic substances from soil, groundwater, and fire suppression systems for global clients. TRS Group was formed in 2000 and is headquartered in Indianapolis, Indiana.

Add-on Acquisition
Value

$36

Parsons Corp.
Company
Engineering
Pasadena, California
www.parsons.com

-
Deal Article Deal Link  
2025-02-04 RightRez
Software
Bloomington, Indiana
www.rightrez.com

RightRez specializes in innovative software solutions for tour operators, cruise lines, humanitarian efforts, marine/offshore/cruise line crew, and travel management companies. RightRez is based in Bloomington, Indiana.

Add-on Acquisition

Mize
Company
Software
Tel Aviv, Israel
www.mize.tech

-
Deal Article Deal Link  
Avg $725
11.7x EBITDA
1.7x REVENUE

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