Ashley Smart

Ashley covers startups, technology and manufacturing for BizTimes. She was previously the managing editor of the News Graphic and Washington County Daily News. In past reporting roles, covering education at The Waukesha Freeman, she received several WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen and reading a good book.

Milwaukee-based Advanced Ionics taking part in Spanish business accelerator

Milwaukee startup Advanced Ionics, a company focused on tackling the decarbonization of heavy industry, has been selected out of a pool of 420 businesses to take part in the Fondo de Emprendedores accelerator.

Milwaukee data science company Sift Healthcare raises $9 million

Milwaukee-based Sift Healthcare, a data science company that helps health care providers receive increased patient payment and payer reimbursement, has closed a $9 million Series A funding round. The round was led by Allos Ventures and First Trust Capital Partners. The Winnebago Seed Fund is one of several early investors in the company.

My Choice Wisconsin acquired by California firm for $150 million

Wauwatosa-based My Choice Wisconsin (MCW), a Medicaid managed care organization serving customers throughout the state, has been acquired by Long Beach, California-based Molina Healthcare, Inc. Molina Healthcare will pay approximately $150 million, net of expected tax benefits and required regulatory capital, to acquire substantially all the assets of MCW.

New Bright Cellars CEO hopes to bring joy back to the world of wine

Joe Megibow, the newly named CEO of Milwaukee-based Bright Cellars, was blunt in saying most people wonder why he would leave his past role at a $700 million-plus public company for a not-yet profitable startup. He was also matter of fact in his answer: he sees a legitimate opportunity to continue to grow the business.

S&C Electric Company set to open 55,000-square-foot expansion in Franklin

Chicago-based S&C Electric Company, a global provider of equipment and services for electric power systems, will open a 55,000-square-foot addition at its Franklin campus next Friday.
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First Rite-Hite employees will move into new HQ in Walker’s Point this month

A group of 80 employees will soon move into Rite-Hite’s new corporate headquarters complex, under construction at the Reed Street Yards in Milwaukee's Walker’s Point neighborhood.

Exponential Power makes second acquisition of 2022 with Pennsylvania firm

Menomonee Falls-based Exponential Power, Inc. has made its second acquisition of the year with the addition of Brookville, Pennsylvania-based Elite Technologies & Communications.

Versiti acquires Missouri-based Ethical and Independent Review Service

Milwaukee-based Versiti, a company specializing in blood health solutions, has acquired Lees Summit, Missouri-based Ethical and Independent Review Services (E&I).  Terms of the deal were not disclosed.

Affiliate of Hard Rock negotiating 59-acre land purchase along I-94 in Kenosha

An affiliate of Davie, Florida-based Hard Rock International is in negotiations to purchase 59 acres of land located southwest of 60th Street and I-94 in Kenosha.

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