Ginovus is pleased to have assisted and advised Brite Systems in the expansion of its Indianapolis offices. As appeared in the Indianapolis Business Journal, July 6, 2016.
Local technology firms plan expansions, 77 new jobs
Two local technology firms are making plans to expand their operations in Indianapolis, adding a total of up to 77 employees over the next four to five years, the companies announced Wednesday morning.
Brite Systems, an IT services company specializing in consulting and software development, said it will invest $128,000 to expand its downtown office at 101 W. Ohio St. The company plans to add 52 employees to its existing 34-person staff by the end of 2021.
Site Strategics Inc., a digital marketing services company based in Southport, said it will invest $544,000 to lease a 5,400-square-foot headquarters at 1317 N. Pennsylvania St., where it plans to raise employment from 10 to 35 by the end of 2020.
The jobs created by the companies will pay 40 percent to 50 percent more than the state’s average annual wage of about $45,000, the Indiana Economic Development Corp. said.
The IEDC offered Brite Systems up to $565,000 in conditional tax credits based on the job-creation plans. Site Strategics was offered up to $230,000 in conditional tax credits based on its plans. The incentives hinge on the companies’ ability to meet the hiring goals.
Brite Systems, founded in 2006, plans to begin hiring employees in sales, marketing, project management, software architecture, software development and business analytics this month.
Site Strategics, founded in 2004, plans to move to its new location from a 1,900-square-foot office in Southport. The company has started hiring for web and business development positions.