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.

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. 

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.
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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.

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.

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