Omni Holding Acquires Indy Company

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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowNew York-based Omni Holding Co. LLC has announced the acquisition of Indianapolis-based City Real Estate Advisors Inc. Financial details of the deal were not disclosed, however Omni says it does not expect any jobs to be affected.
Omni says the company will be rebranded as CREA LLC and will remain in Indianapolis. Jeffrey Whiting will continue as president and chief executive officer of CREA, which employs 81 in Indy.
"As we’ve gotten to know CREA, we are excited they are joining the Omni organization," said Eugene Schneur, managing director of Omni. "We recognize the industry expertise that CREA brings to its clients and we look forward to working with them to reach their full potential in the affordable housing sector."
Omni says CREA’s senior management will be a part of the CREA Board of Directors. Representatives from Omni will also be on the board.