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.
Telkonet acquired by Italian company
Pordenone, Italy-based VDA Group, an international company providing technological solutions for room automation, has acquired 53% of Waukesha-based Telkonet, Inc. As part of the deal, VDA Group paid $5 million to Telkonet in exchange for the issuance of majority shares of common stock of Telkonet.
Metro Milwaukee area among top 20 U.S. cities for veteran entrepreneurs
A new report from the PenFed Foundation that lists the top cities in 2021 for veteran entrepreneurs ranks the Milwaukee-Waukesha-West Allis area 19th out of 390 metropolitan areas analyzed. Madison was ranked 17th.Â
Palermo’s acquires majority stake in Funky Fresh Spring Rolls
Milwaukee-based frozen pizza manufacturer Palermo Villa, Inc. has acquired a majority stake in Funky Fresh Spring Rolls, a Milwaukee-based business specializing in handcrafted spring rolls.
Slinger-based Weld-Fab Manufacturing acquired by Washington County partners
Slinger-based Weld-Fab Manufacturing remains a locally owned company after being acquired by two partners with extensive histories in the manufacturing industry.
Wauwatosa-based CyteGen raises another $1.1 million for anti-aging research
Wauwatosa-based CyteGen has raised another $1.1 million to fund their research into extending human life and reversing age-related decline.
Seven small businesses receive state grants to commercialize their products
Seven small businesses from across the state are set to receive their share of $600,000 in state matching grants to commercialize their products.
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Berlon Industries acquires Viola-based Lowe Manufacturing
Hustisford-based Berlon Industries, a portfolio company of Delafield-based private equity firm Blackthorne Partners, has acquired Viola-based Lowe Manufacturing.
DWD reaches agreement for claim filed in Briggs & Stratton bankruptcy case
The Wisconsin Department of Workforce Development and state Department of Justice have reached a $200,000 agreement in the Department of Workforce Development’s claim filed in the Briggs & Stratton Corp. bankruptcy case.
Centrisys founder re-acquires full ownership of company
Kenosha-based Centrisys is once again 100% owned by one of its original American founders.
Paragon Development Systems acquired by Canadian company
Brookfield-based Paragon Development Systems, Inc. has been acquired by Toronto-based Converge Technology Solutions Corp. Terms of the deal were not disclosed.