Economic Development

Washington, D.C.-based Cassidy Turley, a commercial real estate services provider whose Milwaukee affiliate is Cassidy Turley Barry, announced that it has entered into an agreement with an affiliate of DTZ Investment Holdings, backed by TPG, PAG Asia Capital and Ontario Teachers' Pension Plan (the consortium that agreed to acquire DTZ), to sell 100 percent of the equity interests of Cassidy Turley.

Webster Financial Corp., parent company of Webster Bank N.A., has announced a deal to acquire the health savings account business from JPMorgan Chase Bank N.A.

The Milwaukee Common Council adopted a resolution directing various city departments to evaluate and report on the economic impact to the city of Wisconsin Energy Corp.'s proposed acquisition of Integrys Energy Group so the city can determine whether or not to oppose the transaction.

Wauwatosa-based Advicent Solutions has acquired Figlo, a Rotterdam, Netherlands-based developer of interactive software used for real-time communication between financial advisors and their clients.

Rick Busalacchi has been named loan originator for North Shore Bank’s central region. Busalacchi has more than 20 years...

A new insurance agency, North Shore Educators Insurance Agency, recently opened at 5464 N. Port Washington Road, Suite F, in Glendale.

Glendale-based Johnson Controls Inc. today announced it plans to divest its Global Workplace Solutions division, which offers facilities, corporate real estate and energy management services.

Milwaukee Downtown, BID #21, has hired Matt Dorner to serve as its economic development director.

Milwaukee-area businesses interested in learning more about exporting in Western Europe are invited to attend a free presentation hosted by the Wisconsin Economic Development Corporation and the Metropolitan Milwaukee Association of Commerce’s World Trade Association on Thursday, Sept. 25, from 8 to 10 a.m.

Milwaukee-based The Marcus Corp. reported first quarter net earnings of $12.3 million, or 45 cents per share, down from $12.8 million, or 50 cents per share, in the first quarter of 2013.