Adayana buys Gradepoint, brings more people to downtown Detroit

Thursday, January 29, 2009 | Source: Model D

Another downtown Detroit start-up is bought and the buyers plans to expand.

Excerpt:

Adayana has acquired downtown-based Gradepoint and plans to consolidate its operations there.

The Indianapolis-based firm already has an office of about 10 people in Metro Detroit. Bringing those people downtown to Gradepoint’s headquarters will up the number to about 50 people. Adayana also hopes to hire a few more people for its Detroit location later this year.

"We're a growth corporation," says Thomas Gahm, director of communications for Adayana. "We're planning on growing all of our locations."

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