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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-07-08 Decatur Plastic Products, Inc.
North Vernon, Indiana
www.decaturplastics.com

Add-on Acquisition

Elton Manufacturing
Company
Mississauga, Ontario
www.eltonmanufacturing.com

-
Deal Link  
2025-06-13 Thomas Jefferson Roofing & Remodeling
Business Services
Carmel, Indiana
www.thomasjeffersonroofing.com

Thomas Jefferson Roofing & Remodeling offers everything from roofing inspection to remodeling work. Thomas Jefferson Roofing & Remodeling is based in Carmel, Indiana.

Add-on Acquisition

Mister Quik Indy Roofing Repair
Company
Business Services
Indianapolis, Indiana
www.mrquikhomeservices.com

-
Deal Article Deal Link  
2025-05-20 Hammans Electric
Business Services
Indianapolis, Indiana
www.hammanselectric.com

Hammans Electric is a licensed electrical contractor specializing in commercial and industrial electrical services. Hammans Electric was formed in 1989 and is based in Indianapolis, Indiana.

Add-on Acquisition

Pinnacle
Company
Business Services
Clair Shores, Michigan
www.pinnacle-mep.com

-
Deal Article Deal Link  
2025-05-06 Allied Payment Network
Internet Software and Services
Fort Wayne, Indiana
www.alliedpayment.com

Allied Payment Network is a provider of online and mobile money movement services to banks and credit unions. Allied Payment Network was founded in 2010 and is based in Fort Wayne, Indiana.

Add-on Acquisition

Autobooks
Company
Software
Detroit, Michigan
www.autobooks.co

RF Investment Partners
Investor
Mezzanine Finance Firm
New York, New York
www.rf-partners.com

Deal Article Deal Link  
2025-04-30 T&B Tube
Manufacturing
Gary, Indiana
www.tbtube.com

T&B Tube is a family-owned and operated steel tubing manufacturer. T&B Tube was founded in 1982 and is based in Gary, Indiana

Add-on Acquisition

American Consolidated Industries
Company
Manufacturing
Cleveland, Ohio
www.acihq.com

Advisor: Copper Run Capital

-
Deal Article Deal Link  
2025-04-21 TSW Utility Solutions
Construction
Indianapolis, Indiana
www.tswutility.com

TSW Utility Solutions specializes in potable pipeline services, including lead service replacement, for customers throughout Indiana. TSW Utility Solutions was formed in 2012 and is headquartered in Indianapolis, Indiana.

Add-on Acquisition

Azuria
Company
Engineering
St. Louis, Missouri
www.azuria.com

-
2025-04-11 My Mortgage Trainer
Education
Indianapolis, Indiana
www.mymgtr.com

My Mortgage Trainer is a provider of mortgage education and training, offering pre-licensing education, continuing education, compliance courses, and innovative business growth solutions. My Mortgage Trainer is based in Indianapolis, Indiana.

Add-on Acquisition

360training
Company
Education
Austin, Texas
www.360training.com

-
Deal Article Deal Link  
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 Article Deal Link  
2025-04-09 Ohlson Group
Insurance
Carmel, Indiana
www.ohlsongroup.com

Ohlson Group is a family-oriented, annuity-focused insurance field marketing organization (FMO). Ohlson Group was founded in 1975 and is based in Carmel, Indiana.

Add-on Acquisition

Amerilife
Company
Insurance
Clearwater, Florida
www.amerilife.com

Vertical Vision GmbH & Co. KG
Company
Business Services
Köln, Germany
www.verticalvision.com

-
Deal Article 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  
2025-03-31 DriverReach
Software
Carmel, Indiana
www.driverreach.com

DriverReach is a driver recruitment and compliance management software. DriverReach is based in Carmel, Indiana.

Add-on Acquisition

Tenstreet
Company
Software
Tulsa, Oklahoma
www.tenstreet.com

-
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  
Avg $725
11.7x EBITDA
1.7x REVENUE

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