Acquisitions in Indiana in 2014
Showing 2 transactions.
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October 6, 2014
- Buyer
- Data Strategy
- Target
- Network Storage Inc.
- Industry
- IT Services
- Location
- Indiana, United States
- Type
- Buyout
Data Strategy, a Grand Rapids-based IT solutions provider, has completed the acquisition of Network Storage Inc., an Indianapolis/Louisville IT solutions firm. The deal expands Data Strategy's regional footprint across the Midwest and combines the two companies' capabilities in data center technologies, security, cloud and managed services into a single organization of nearly 100 employees headquartered in Grand Rapids.
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- Buyer
- Kestrel Capital Group
- Target
- Koontz-Wagner Services
- Seller
- Koontz-Wagner Holdings, High Street Capital
- Industry
- Industrial Services
- Location
- Indiana, United States
- Type
- Divestiture
Kestrel Capital Group, an independent sponsor based in Chicago, has acquired Koontz-Wagner Services, a South Bend, Indiana-based industrial equipment repair and electrical services provider. The sale is the final divestiture of operating units controlled by Koontz-Wagner Holdings as High Street Capital winds down its third fund.
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