Economic Development
First Business acquires Kansas City bank parent
First Business Financial Services Inc. has agreed to acquire Aslin Group Inc., parent company of Kansas City-based Alterra Bank, for $30.1 million.
Money moves
Michael Passaglia has been named vice president-program manager for West Bend-based Westbury Bank’s wealth management division. He will be...
Baird Capital sells portfolio company
Milwaukee-based Baird Capital has sold its portfolio company, Charleston, S.C.-based American Auto Auction Group, to Detroit private equity firm Huron Capital Partners.
Stamm named region president for The Private Client Reserve
Jason Stamm has been named central region president for The Private Client Reserve of U.S. bank. He succeeds Mike Ott, who was recently named president of The Private Client Reserve.
Zywave acquires FutureOffice Network
Wauwatosa-based insurance software solutions firm Zywave Inc. has acquired FutureOffice Network and the assets of its parent company, Elm Grove-based Davidson Marketing Group.
UWM projects receive state seed funding
Several projects that grew out of research at the University of Wisconsin-Milwaukee have received seed funding from the University of Wisconsin-Extension and the Wisconsin Economic Development Corp.
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Ellenbecker named to Foundations Bank board
Karen Ellenbecker, president of Pewaukee-based financial advisory firm Ellenbecker Investment Group, has joined the board of directors at Pewaukee-based Foundations Bank and its parent company, Generations Bancorp Inc.
Eisen Fox sells Marshfield manufacturer
Milwaukee-based investment bank Eisen Fox & Co. LLC has completed the sale of Marshfield sausage manufacturer Harry C. Wenzel & Sons Inc.
Northwestern Mutual will be Rose Bowl presenting sponsor
Milwaukee-based Northwestern Mutual Life Insurance Co. has announced it will be the presenting sponsor at the Rose Bowl Game beginning in 2015.
New Berlin companies acquired
New Berlin-based Super Products LLC and Wausau-Everest LP have been acquired by Seguin, Texas-based Alamo Group Inc.