Recent Retail Acquisitions in Indiana
Acquisition Volume in Retail in Indiana by Year
Last 5 years
Indiana’s retail acquisitions (2023–2026) span grocery, pet supplies, building materials, and convenience formats—often combining store expansion with operational upgrades. Deals in Indiana, United States also reflect a mix of regional operators and multi-state platforms looking to add locations or deepen their presence in key corridors.
Across recent transactions, buyers include Hy-Vee, Inc. and Feeders Pet Supply, as well as category-focused operators such as R.P. Lumber Company Inc., Camping World Holdings, Inc., and EagleStores (the retail operating arm of R&R Takhar Oil Co.). The listed deals also include specialty retail in adjacent categories like marine dealerships and sports apparel licensing through acquisitions involving Reeder Trausch Marine Inc. and Slam (with JDS Sports noted as a prior stakeholder in 19nine).
What Stands Out
- Store and location growth is a recurring objective, including added Indiana footprints for grocery, lumber/building supplies, and pet retail.
- Category mix within retail shows up clearly—from food retail (Hy-Vee acquiring Strack & Van Til) to pet stores (Feeders Pet Supply acquiring Pet Food Centers) to lumberyards (R.P. Lumber acquiring Bender Lumber).
- Convenience and fuel retail site expansion appears in Indiana via EagleStores acquiring a gasoline/convenience-store site in Princeton with plans to rebuild and rebrand.
- Regional family-operator continuity is referenced in several deals, including boat dealership integration (Reeder Trausch Marine acquiring Denny’s Marina) and emergency-services retail add-ons (Municipal Emergency Services acquiring U.S. Uniform & Supply).
| Buyer example | What the deal centers on |
|---|---|
| Hy-Vee, Inc. | Expanding store footprint in Northwest Indiana via Strack & Van Til |
| Feeders Pet Supply | Adding Evansville-area and nearby stores through Pet Food Centers |
| R.P. Lumber Company Inc. | Growing Indiana building-supply locations via Bender Lumber |
-
February 1, 2026
- Buyer
- R.P. Lumber Company Inc.
- Target
- Bender Lumber Company, Inc.
- Seller
- John Bender
- Industry
- Retail
- Location
- Indiana, United States
- Type
- Buyout
R.P. Lumber, a family-owned building materials retailer and home center based in Illinois, agreed to acquire Bender Lumber, a Southern Indiana building supply company with full-service lumberyards. The deal adds eight Indiana locations to R.P. Lumber’s footprint, bringing its total to 99 stores across seven states.
-
November 3, 2025
- Buyer
- Feeders Pet Supply
- Target
- Pet Food Centers
- Seller
- Mike Stepto
- Industry
- Retail
- Location
- Indiana, United States
- Type
- Buyout
Feeders Pet Supply announced it has entered into a definitive agreement to acquire Pet Food Centers, based in Evansville, Indiana. The deal will bring four stores in the Evansville area and one store in Clarksville, Tennessee into Feeders Pet Supply’s footprint.
-
- Buyer
- EagleStores, R&R Takhar Oil Co.
- Target
- Ports Petroleum / Fuel Mart retail fuel site (1100 W. Broadway St., Princeton, IN)
- Seller
- Ports Petroleum (Fuel Mart)
- Industry
- Retail
- Location
- Indiana, United States
- Type
- Divestiture
EagleStores, the retail operating arm of fuel distributor R&R Takhar Oil Co., acquired a gasoline/convenience-store site at 1100 W. Broadway St. in Princeton, Indiana from Ports Petroleum (also known as Fuel Mart). The buyer plans to raze and rebuild the site, brand it under a major fuel name, and continue expanding across the Midwest through acquisitions, new builds and dealer partnerships.
-
September 16, 2024
- Buyer
- Reeder Trausch Marine Inc.
- Target
- Denny's Marina, Inc.
- Seller
- Dan and Greg Decker / Decker family
- Industry
- Retail
- Location
- Indiana, United States
- Type
- Buyout
Reeder Trausch Marine Inc., a Rockville, Indiana-based boat dealership, has acquired Denny's Marina, Inc., an Indianapolis/Peru, Indiana family-owned boat dealership founded in 1972. Skyway Capital Markets advised the Decker family on the sale; Denny's Marina will be renamed Reeder Trausch Marine Indy following the transaction.
-
April 17, 2024
- Buyer
- Hy-Vee, Inc.
- Target
- Strack & Van Til (Indiana Grocery Group, LLC)
- Industry
- Retail
- Location
- Indiana, United States
- Type
- Buyout
Hy-Vee, Inc. announced it will acquire Strack & Van Til (Indiana Grocery Group, LLC), adding 22 stores across Northwest Indiana. Strack & Van Til will operate as a subsidiary and its approximately 2,800 employees will join Hy-Vee as the transaction closes, supporting Hy-Vee's expansion into Indiana and the Southeast region.
-
March 8, 2024
- Buyer
- Slam, JDS Sports
- Target
- 19nine
- Seller
- Remaining shareholders of 19nine (including founders Aaron Loomer, Chad Amo and Josh Barnett)
- Industry
- Retail
- Location
- Indiana, United States
- Type
- Buyout
Slam, the basketball magazine and lifestyle brand, has acquired college basketball apparel company 19nine and will merge the two merchandise teams. The deal (in which Slam’s parent JDS Sports previously held a stake) gives Slam control of 19nine’s college licensing (80+ schools) and supports expansion into a new Indiana facility to broaden Slam’s merchandise and lifestyle offerings.
-
September 12, 2023
- Buyer
- Camping World Holdings, Inc.
- Target
- Edmundson RV
- Industry
- Retail
- Location
- Indiana, United States
- Type
- Buyout
Camping World Holdings, Inc. announced it will acquire Edmundson RV in Edinburgh, Indiana, a location that operates 34 service bays and will span nearly 18 acres at closing. The deal — expected to close in Q1 2024 — will be Camping World's first exclusive Forest River location in Indiana and will increase the company's Indiana location count to four.
-
- Buyer
- Municipal Emergency Services, Inc., Platte River Equity
- Target
- U.S. Uniform & Supply, Inc.
- Seller
- Bill Kessler
- Industry
- Retail
- Location
- Indiana, United States
- Type
- Addon
Municipal Emergency Services (MES), a portfolio company of Platte River Equity, acquired U.S. Uniform & Supply, Inc., a regional provider of uniforms, equipment and supplies for emergency service personnel. The transaction, which closed June 16, 2023, is an add-on to MES’s platform to expand its product and service footprint in the Indianapolis market and integrate key personnel from U.S. Uniform & Supply.
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Frequently Asked Questions
Which retail subsectors appear most often in Indiana acquisitions here?
The page highlights grocery, pet supplies, building materials/lumber, and convenience/fuel sites, alongside a smaller set of specialty retail categories such as marine dealerships and sports apparel licensing.
Do these Indiana retail deals focus on acquiring existing stores or building new facilities?
Both themes appear. Some deals add established retail locations (for example, grocery and pet stores), while others describe operational changes to acquired sites (such as rebuilding and rebranding a fuel/convenience location).
Who are some of the recurring retail buyers shown for Indiana?
Recurring names include Hy-Vee, Inc., Feeders Pet Supply, R.P. Lumber Company Inc., Camping World Holdings, Inc., EagleStores, and Municipal Emergency Services, Inc.
Are the Indiana acquisitions limited to grocery retail?
No. While food retail is represented (notably through Hy-Vee and Strack & Van Til), other retail formats shown include pet supply stores, lumberyards, fuel/convenience sites, and specialty dealership and brand acquisitions.