Economic Development

WEDC takes bold approach to economic development

When the Wisconsin Economic Development Corporation was established in July 2011, its primary mission was clear: Respond quickly to the needs of the business community by working hand-in-hand with companies, economic development organizations and other partners to help grow Wisconsin's economy and create jobs.

From the issue: A piece of the pie: Employee Stock Ownership Plans provide unique advantages

ESOPs are a non-traditional setup. They involve extensive annual valuations, in-depth employee education and thoughtful management succession planning.

Money moves

Wauwatosa-based WaterStone Bank has hired Jeff Jarecki as vice president of business banking. Jarecki previously served as vice president,...

Park Bank to host exit strategy seminars

Milwaukee-based Park Bank will host a series of seminars and workshops for business owners interested in learnings about exit strategies and acquisition opportunities.

High school financial literacy program expands

The EverFi Financial Literacy Program, which aims to improve financial literacy among Wisconsin high schoolers, has received funding from Brookfield-based Spring Bank that has allowed expansion into three new schools.

Vrakas/Blum changes name

Brookfield-based public accounting and consulting firm Vrakas/Blum has changed its name to Vrakas CPAs + Advisors.
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Mason Wells invests in Cincinnati power company

Milwaukee private equity firm Mason Wells has made an undisclosed investment in Cincinnati-based CE Power Solutions, a power engineering, testing and maintenance services provider.

Schenck advises Badger Mining on acquisition of Northern Frac Proppants

Milwaukee’s Schenck M&A Solutions served as advisor to Berlin-based Badger Mining Corp. on the recent purchase of the assets of Alma Center-based Northern Frac Proppants II LLC. Terms of the transaction were not disclosed.

Strong dollar hurting earnings

The sudden surge in the U.S. dollar over the past year has been wreaking havoc on revenue in the latest earnings reports.

Lake Country Wealth Management acquired by Bronfman E.L. Rothschild

Delafield-based Lake Country Wealth Management has been acquired by Madison-based registered investment advisory firm Bronfman E.L. Rothschild L.P.

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