Financial Services Acquisitions in Indiana

Wealth Enhancement has acquired FPG Private Wealth, a hybrid RIA with locations in Carmel and Lafayette, Indiana that oversees more than $532 million in client assets. The deal, which closed November 30, 2025, expands Wealth Enhancement’s Midwest footprint and marks its first office presence in the greater Indianapolis market, increasing the firm's total client assets to more than $127.8 billion.

ReSource Pro, a strategic operations partner to the insurance industry, has acquired Supportive Insurance Services (SIS), a provider of licensing and renewal services for agents, brokers, adjusters and insurers. The deal expands ReSource Pro’s compliance and licensing capabilities—adding SIS’s adjuster licensing expertise to ReSource Pro’s existing surplus lines tax, corporate and franchise tax reporting, and other regulatory services.

Waverly Advisors, a Birmingham-based registered investment adviser, has acquired CenterPoint Wealth Management, an investment advisory practice based in Zionsville, Indiana. The deal closed on September 27, 2024, marks Waverly's 16th transaction since receiving equity from Wealth Partners Capital Group and HGGC's Aspire Holdings platform, and expands Waverly's presence in the Indianapolis area.

Ty J. Young Wealth Management has acquired Amatulli and Associates Financial Services, an Indiana-based wealth management firm. The deal, which closed in July, expands Ty J. Young Wealth Management's footprint in the Midwest and provides Amatulli clients access to Ty J. Young's broader services and resources.

Beacon Credit Union (BCU) entered a definitive purchase and assumption agreement to acquire substantially all assets and assume substantially all liabilities of Mid-Southern Savings Bank, FSB (MSB). The deal — BCU's first community bank acquisition — expands Beacon's footprint in southern Indiana; it is subject to MSB shareholder and regulatory approvals and is expected to close in Q3 or Q4 2024. MSB leadership will transition into roles at BCU and BCU intends to keep MSB branches and loan production offices open following completion.

Goldman Sachs Asset Management has entered into a definitive agreement to acquire DOXA Insurance Holdings, a Fort Wayne-based specialty insurance distribution and underwriting platform. The investment will support DOXA's organic growth and acquisition strategy; DOXA's management and employee shareholders will remain significant investors alongside Goldman Sachs.

Futura Title & Escrow, a JM Family Enterprises company headquartered in Boise, Idaho, has acquired Momentum Title Agency, a Jeffersonville, Indiana-based provider of title examinations and residential and commercial closing services. Angle Advisors served as exclusive investment banking advisor to Momentum; the founders Mike (James Michael) and Laurie Kemp are exiting as part of the transaction, and Momentum's ~28 associates will join the Futura family.

HUB International Limited acquired the assets of CSi Advisory Services, LLC, an Indianapolis-based retirement plan consulting and wealth management firm with $1.1 billion in assets under management. Kristi Baker, Kelli Davis and the CSi team will join Hub Midwest East; terms were not disclosed and CSi was represented by Wise Rhino Group.

PNC Bank N.A. reached a definitive agreement to acquire Tempus Technologies, Inc., a payment gateway and payments-processing solutions provider. The acquisition will expand PNC Treasury Management's payments capabilities by integrating Tempus' gateway, mobile apps and payment portals to support multiple payment rails.

Altamont Capital Partners has invested in newly formed auto floorplan lender Kinetic Advantage to support the company's national rollout and loan growth. Kinetic, led by industry veterans including CEO Marty McFarland, has launched in 21 markets and secured more than $225 million of initial debt and equity financing; MidCap Financial provided financing for the transaction. Terms were not disclosed.

Farmers & Merchants Bancorp, Inc. (F&M) agreed to acquire Ossian Financial Services, Inc. (OFSI), the holding company of Ossian State Bank, in a cash deal valued at approximately $20.0 million (approximately $67.71 per share). OFSI operates two full-service offices in northeast Indiana with about $122 million in assets; the transaction, unanimously approved by both boards and subject to regulatory and shareholder approvals, was expected to close in Q2 2021.

Crane Credit Union (CCU), headquartered in Odon, Indiana, signed a definitive purchase and assumption agreement to acquire the assets and assume certain liabilities of Our Community Bank (OCB), headquartered in Spencer, Indiana, from Home Financial Bancorp. The all-cash transaction will result in OCB branches operating as CCU offices and Home Financial distributing remaining cash to its shareholders; the deal was approved by both boards and expected to close in 2021 subject to customary approvals.

On April 24, 2020 Northwest Bancshares, Inc. completed its acquisition of MutualFirst Financial, Inc., the holding company for MutualBank. The stock-for-stock merger (each MutualFirst share converted into 2.4 shares of Northwest) valued the deal at approximately $213.4 million; MutualBank brought ~$2.1 billion in assets and 36 full‑service offices in Indiana, expanding Northwest's footprint to roughly $12.8 billion in assets and 214 branches.