New institute could boost mergers and acquisitions in Indiana

A new bioscience research institute is being seen as evidence of Indiana’s academic institutions’ commitment to commercializing intellectual property. Jim Birge, an attorney at Faegre Baker Daniels, discussed in an interview with Gerry Dick during a Studio (i) segment how increased collaboration between private sector companies and Indiana research institutions could lead to a boost in merger and acquisition (M&A) activity within the state. Faegre Baker Daniels will be hosting the 2013 M&A Conference on Tuesday, with an expected attendance of approximately 200 executives.

Thermafiber Inc., based in Wabash, has been acquired by Owens Corning, a national building materials company. This acquisition by Owens Corning marks the third sale in the last two years by Altus Capital Partners Inc., a private equity firm from Connecticut that initially purchased Thermafiber in 2007.

The transaction involving Owens Corning and Thermafiber is just one example of M&A activity taking place in the state of Indiana. According to experts, these deals are indicative of the state’s growing interest and capability in handling acquisitions and mergers. With the establishment of a new bioscience research institute, it is expected that such initiatives will further drive this trend and stimulate more business dealings in the state.

The partnership between private sector companies and academic institutions in Indiana can create a conducive environment for companies looking to acquire or merge with businesses in the state. By fostering stronger ties between these entities, the potential for collaboration and business growth increases significantly.

The 2013 M&A Conference organized by Faegre Baker Daniels aims to bring together industry executives to discuss trends, challenges, and opportunities in the M&A landscape. With a focus on creating partnerships and expanding business networks, the conference serves as a platform for participants to engage in strategic discussions and explore potential business opportunities.

The acquisition of Thermafiber by Owens Corning highlights the state’s attractiveness as a destination for mergers and acquisitions. Through collaborations between private companies and research institutions in Indiana, businesses can leverage intellectual property and innovative solutions to drive growth and development.

As the bioscience research institute becomes operational, the state anticipates an increase in M&A activity driven by technological advancements and intellectual property commercialization. Indiana’s business landscape is set to witness a surge in partnerships, acquisitions, and mergers, signaling a positive outlook for the state’s economic growth and innovation.

Overall, Indiana’s continued focus on fostering collaborations between private sector companies and academic institutions is expected to fuel M&A activity and drive business growth within the state. With the right framework in place, Indiana is poised to become a hub for innovation and investment, attracting businesses seeking to capitalize on cutting-edge research and intellectual property.