Economic Development

Franklin-based Troyk Printing Corp. has been acquired by Niles, Ill.-based printing company The Garvey Group LLC.

Brookfield-based Fiserv Inc. reported first quarter net income of $168 million, or 65 cents per share, up from $117 million, or 43 cents per share, in the first quarter of 2013.
Revenue was $1.2 billion, up from $1.1 billion in the same period a year ago.

Artisan Partners Asset Management Inc. reported first quarter net income of $8.6 million, or a loss of $2.29 per share, up from $3 million, or 19 cents per share, in the first quarter of 2013.

Milwaukee-based BrightStar Wisconsin Foundation Inc. has announced its second round of investments in early-stage Wisconsin companies.

Milwaukee-area manufacturing activity stalled in April after growing in March, according to a new report from the Institute for Supply Management-Milwaukee.

First Business Financial Services Inc., the Madison-based parent company of First Business Bank-Milwaukee, reported first quarter net income of $3.3 million, or 84 cents per share, up from $3.2 million, or 83 cents per share, in the first quarter of 2013.

After a moderate expansion in 2013, the pace of Wisconsin's economic recovery is picking up in 2014, according to a special report by BMO Economics on the economic output from the Great Lakes region.

Stamford, Conn.-based Charter Communications will take over 1.4 million existing Time Warner Cable customers, including those in the Milwaukee area, from Philadelphia-based Comcast Corp. in a divesture deal.

Sussex-based Quad/Graphics Inc. has completed its $1.9 billion debt financing, which incorporates refinancing, extending and expanding its $1.6 billion senior secured credit facility and a high-yield offering of $300 million in bonds.

Milwaukee-based UMB Fund Services has been honored as “US Fund Administrator of the Year (Alternative Investments)” by ACQ Magazine.