Economic Development

Milwaukee-based Northwestern Mutual Life Insurance Co. announced it has acquired LearnVest, a company that sells personal finance software.

East Troy-based industrial oven manufacturer Wisconsin Oven Corp. has been acquired by White Deer, Penn.-based Thermal Product Solutions.

Germantown-based Gehl Foods Inc. has been acquired by Chicago private equity firm Wind Point Partners.

The Milwaukee Brewers have announced Miller Park will include a freshly renovated seating area called The Associated Bank Check Deck this season.

Wauwatosa-based WaterStone Bank has added investment services to its banking offerings with a new division.

Beloit-based ABC Supply Co. has acquired the assets of Minneapolis-based roofing supply distributor Western Roofing Supply Co. Inc.

Summit Credit Union has named two new area managers, at its West Milwaukee and VA branch locations.

The Water Council has launched a $5 million seed capital fund that will increase access to capital for early stage water technology companies, according to the U.S. Economic Development Administration.

Layton Boulevard West Neighbors, Inc. celebrated the neighborhood development progress it has made in the last two decades during its 2015 Executive Breakfast, held March 19 at Alverno College. The event, in its ninth year, highlighted LBWN's 20th anniversary while also calling attention to the nonprofit's pool of stakeholders. LBWN, founded by the School Sisters of St. Francis, has leveraged more than $40 million in neighborhood investments throughout its history. The breakfast event included networking, remarks from community leaders and public officials, and a panel discussion featuring insight from neighborhood residents.

Menomonee Falls-based Actuant Corp. reported a second quarter net loss of $64.8 million, or $1.05 lost per share, in the second quarter, compared with net income of $41.4 million, or 56 cents per share, in the second quarter of 2014.