Ideas
Fiserv reports solid quarter
Brookfield-based Fiserv Inc. reported third quarter net income of $159 million, or $1.21 per share, compared with $139 million, or $1.02 per share, in the same period a year ago.
Iowa company acquires Wisconsin Web Offset
Des Moines, Iowa-based Mittera Group has acquired Brookfield-based Wisconsin Web Offset LLC, a commercial web printing and finishing services company.
Actuant finds buyer for Electrical Segment
Menomonee Falls-based Actuant Corp. announced it has reached a definitive agreement to sell its Electrical Segment to Sentinel Capital Partners for $258 million in cash, subject to working capital and other closing adjustments.
Artisan Partners shares are trading on the NYSE
Milwaukee-based Artisan Partners Asset Management Inc. said its public offering of 4.8 million Class A common shares has been priced at $56 per share.
Schmitz is new CFO of Kenosha Area Business Alliance
The Kenosha Area Business Alliance has hired Tina Schmitz as its chief financial officer.
California private equity firm acquires Allen Edmonds
Allen Edmonds Corp. has agreed to be acquired by an affiliate of Brentwood Associates, a Los Angeles-based private equity firm founded in 1972 with a track record of successful investments in growth-oriented consumer companies.
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Adelman acquires Calif. travel agency
Milwaukee-based Adelman Travel Group has acquired Fresno, Calif.-based Chamber Discoveries, a travel agency that targets chambers of commerce in the U.S.
Johnson Controls embarks on ‘next era’
Glendale-based Johnson Controls Inc. announced record fiscal fourth quarter net income and plans to explore strategic options for its Automotive Interiors business.
GPS names leader
GPS Education Partners has named Jan Druetzler-Katz as program administrator for the manufacturing education program’s central region.
Modine reports strong quarter
Racine-based Modine Manufacturing Co. reported third quarter net earnings of $4.6 million, or 10 cents per share, compared with a net loss of $12.8 million, or 26 cents per share, in the same period a year ago.
