An investment group headed by a co-founder and former CEO of Angie’s List Inc. is purchasing the company’s campus east of downtown, several sources familiar with the deal told IBJ.
ANGI Homeservices Inc. in early October listed for sale the entire 17.5-acre site that has helped anchor and revitalize the Holy Cross neighborhood and adjacent areas on the near-east side of Indianapolis.
The group that submitted the winning bid is led by former Angie’s List CEO Bill Oesterle. His team includes John Chuang, an early investor in the company, as well as Peter Coolidge, a founder of Angie’s List.
Also involved are Mickey Maurer, a co-owner of IBJ Corp. and a former Angie’s List director; Nathan Feltman, an IBJ Corp. co-owner and former state secretary of commerce; and John Thompson, chairman and CEO of Thompson Distribution Co.
Reached by phone, Oesterle said he couldn’t comment on the deal, citing confidentiality agreements. But the sources said Oesterle’s group has the property under contract and could close on it next month.