Economic Development

Milwaukee M&A advisory firm Cleary Gull has acted as advisor for PMT Indsutries LLC, which was recently acquired by W.T. Walker Group Inc.

Promontory Point Capital, a Milwaukee investment banking boutique, has served as financial advisor for QuickCable, which was recently acquired by Tonka Bay.

A suit brought by Milwaukee headphone manufacturer Koss Corporation against Milwaukee-based Park Bank moved forward Monday following a hearing in the case.

Manufacturing activity in southeastern Wisconsin and northern Illinois picked up slightly in April, according to the Marquette University Manufacturing ISM Report on Business.

Wisconsin Gov. Scott Walker today announced Transform Milwaukee, which he described as an “historic and comprehensive” initiative aimed at growing the economy in the City of Milwaukee.

When I talk with job providers about how Wisconsin ranks as a place to do business, they give our state good marks for having a hard-working, innovative workforce, a strong education system, good infrastructure and a high quality of life. They also say that a competitive tax structure is an important part of creating a good business climate.

Associated Banc-Corp has expanded its Commercial Real Estate services into the Detroit area. Don Heath and Kathy Bozek will head the Southeast Michigan market.

Make a Difference Wisconsin will host its fourth annual investment conference on Wednesday, May 9, from 1:30 to 5:30 p.m. at the Pfister Hotel in Milwaukee.

Northwestern Mutual Life Insurance Co. Inc. has sold the Russell Investments Center in Seattle to CommonWealth Partners for $480 million, in what is believed to be the largest single asset office sale in the Western United States since 2006.

Cudahy-based Roadrunner Transportation Systems Inc. has acquired all of the outstanding capital stock of D&E Transport, an asset-light flatbed carrier focused primarily on food and agricultural products located in Clearwater, Minn., for approximately $11.2 million plus an earnout.