Allegiant International Acquired by Cincy Company

Posted: Updated:
INDIANAPOLIS -

A Cincinnati-based engineering, supply chain, technical recruiting and IT services supplier has acquired Indianapolis-based Allegiant International LLC. Belcan LLC is not disclosing the financial terms of the deal.

Allegiant is a professional services network serving many of the same industries as Belcan, including automotive, aerospace, defense, and industrial supply chains. Lance Kwasniewski, chief executive officer of Belcan, says Allegiant's supply chain expertise makes the company a "highly strategic fit" with Belcan's manufacturing and supply chain services business.

"Their attractive automotive industry customer base of blue chip OEMs and Tier 1 suppliers also strengthens Belcan's position in this important segment," said Kwasniewski. "We look forward to working closely with the Allegiant management team to realize the tremendous opportunities ahead."

Allegiant Founder and CEO Nicole Grove says the acquisition brings "exceptional growth opportunities." Belcan did not specify whether any jobs would be affected by the deal.

  • Perspectives

    • Delegation Spurs Growth

      When was the last time you or your nonprofit board delegated something? Better yet, when was the last time you should have delegated something but didn't? Effective delegation is an art and often lacking, but by following a few simple steps it becomes easier and can spur growth and sustainability in an organization. In the grand scheme, there is no lack of tasks to delegate, and yet few people can do it effectively.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (photo courtesy Scotty's Brewhouse)

      Scotty's Brewhouse Begins Franchising

      Indianapolis-based Scotty's Brewhouse is continuing its growth plans. The restaurant has launched a national franchise program in an effort to bring the Scotty's brand to more locations throughout the U.S. Scotty's currently has 17 restaurants, most of which are located in Indiana.

    • Indy Firm Taps Appirio Exec as CEO

      An Indianapolis-based design and innovation consulting firm has named a new chief executive officer. Studio Science says Steve Pruden, who most recently served as senior vice president of human resources with Indy tech company Appirio, will lead the company.

    • Sales Tech Platform Scores Funding Boost

      A less-than-year-old sales technology company has announced a second round of funding. Costello, which bills its platform as a "real-time sales playbook," has secured $2.1 million in seed funding from investors in Indiana -- Collina Ventures LLC Innovatemap Ventures, Elevate Ventures, Innovate Indiana, serial entrepreneur Chris Baggott and Copper Mountain Technologies Chief Executive Officer and former T2 Technologies executive Irena Goloschokin -- as well as...

    • Rural Indiana Facing 'Have/Have-not Situation'

      The CEO of Indianapolis-based Indiana Fiber Network calls the 16-year-old broadband internet provider "a great Hoosier success story." IFN, which was launched with a focus on high-speed connectivity for 20 rural telephone companies, now includes some 4,000 buildings throughout the state plugged-in through a network of more than 4,500 miles of fiber. Despite its growth, Jim Turner says there's still work to be done to bridge the broadband access gap in rural areas.

    • (photo courtesy RQAW Corp.)

      Architecture Firm Set to Open New HQ

      An architecture firm previously located in Indianapolis will Wednesday afternoon cut the ribbon on its new Fishers headquarters. RQAW Corp. says it will also detail its progress toward its job creation commitment to the Indiana Economic Development Corp.