April 2020

In these unprecedented times, Indigo Sky Partners stands ready to help managers and owners grow their businesses.

We focus our investment on companies that are:

  • Established (operating for a minimum of five years)

  • Focused in business software, specialty finance, or insurance/other financial services 

  • Generating annual revenue from $3M to $10M

Our investment contours:

  • Use of proceeds: Growth equity, partial liquidity for existing owners 

  • Pro forma ownership: We target 25% to 80% ownership of the business after investment

  • Partnership: Company management desires to remain involved and contribute to the continued success of the business

Please email a short overview of your business and desired objective to begin the discussion.  We look forward to talking with you.

 

January 2018

Indigo Sky Partners: The Accelerating Convergence of Banks and Financial Technology

 

Financial Technology ("FinTech") companies are proliferating.

As technology progresses at an ever-increasing rate, banks are searching for ways to develop innovation strategies.

Banks often choose to “fast-track” innovation by collaborating directly with FinTech companies and related technology companies through acquisitions, direct investments, strategic partnerships and incubation.

Of these collaboration models, FinTech currently comprises a relatively small portion of all bank activity; but we see this proportion growing as more banks recognize the need to innovate and adapt within the FinTech space.
                           
Regardless of the exact nature of the bank/FinTech collaboration, success is based on many factors, including alignment of objectives and the proper use of data.

Indigo Sky works with FinTech companies to help with strategy, capital raising, partnerships, and M&A.  We also work with banks and other financial services companies to devise and execute strategies to embrace innovation.  We are well positioned to help financial services companies and FinTech firms collaborate.  

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September 2017

Indigo Sky portfolio company, Lendeavor, enters into strategic partnership with First Internet Bank

Partnership is archetype for future financial technology and depository relationships.

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  • Lendeavor is a practice finance lender with an innovative software platform that improves efficiency, cost and quality, while dramatically reducing cycle times.

  • The relationship with First Internet Bank provides Lendeavor with the capital and initial funding to become a leading national lender in practice finance.

  • The strategic partnership is the first of its kind in the practice finance industry and the first-ever equity investment made by First Internet Bancorp.

  • Indigo Sky’s cross-functional expertise and deep knowledge of financial institutions and technology were foundational to Lendeavor reaching this important corporate milestone.

 

 

"Lendeavor is building a modern practice finance company, and Indigo Sky is the perfect partner to help us reach the next level in our journey." 

- Lendeavor CEO, Dan Titcomb

 

For more information on the partnership, visit here:

September 7, 2017 Business Wire

First Internet Bank Announces Strategic Partnership with Lendeavor, Inc.

September 7, 2017 American Banker

First Internet Bank invests in a digital health care lender

September 8, 2017 San Francisco Business Times

S.F. fintech Lendeavor gets bank deal to boost lending to healthcare practices

September 7, 2017 Indiana Business Journal

First Internet Bank investing in California health care lender

July 2017

We are pleased to announce Hollie Hyslop has joined Indigo Sky

Hollie brings deep expertise and enthusiasm to help entrepreneurs and their innovative businesses.
 
Hollie's experience includes roles as:

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  • Investment banker

  • Corporate development and strategy principal

  • Executive manager in a large corporation and a start-up digital business

Prior to joining Indigo Sky Partners, Hollie worked at:

  • Bank of the West

  • Sandler O’Neill + Partners

  • Goldman Sachs

Hollie has a B.S. in Finance from Indiana University’s Kelley School of Business.

When Hollie is not working, she is an avid:

  • International traveler

  • Scuba diver

  • Crossword puzzle competitor

Please join us in welcoming Hollie to our growing team!