Ideas
Milwaukee-based Ideawake completes $1 million funding round
Milwaukee-based Ideawake has completed a $1 million funding round which will be used to help the company accelerate its market expansion into health care.
Oconomowoc Lake home sold for $3.8 million
A 7,000-square-foot home on Oconomowoc Lake has been sold for $3.8 million, according to state records.
Racine-based R&B Grinding Co. acquired by Texas private equity firm
Racine-based R&B Grinding, LLC has been acquired by Willis & Smith Capital, a Plano, Texas-based private equity firm. The transaction closed on Feb. 1. Terms of the deal were not disclosed.
Investments in Wisconsin early-stage companies in 2021 shatter previous high
Angel investors and venture capitalists invested at least $810 million in young, Wisconsin-based companies in 2021, shattering the previous yearly early-stage investment record for the state of $483.6 million in 2020
CEO of Milwaukee-based Exit 7C pleads guilty to wire fraud
Blessing Egbon, founder and chief executive officer of Milwaukee-based Exit 7C, has reached a plea deal with the state in which he has agreed to plead guilty to three counts of wire fraud.
Outreach Community Health Centers CEO takes extended leave, interim leader named
Outreach Community Health Centers president and chief executive officer Constance Palmer has taken an extended leave of absence from the organization.
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Wangard Partners expands ownership group
Wauwatosa-based real estate firm Wangard Parners Inc. announced that it has extended minority ownership of the company to four employees.
Harley hires Nike exec as SVP for apparel and licensing, adds creative director who’s done work for Kanye West’s Yeezy
Milwaukee-based Harley-Davidson Inc. has made two hires aimed at growing the company’s brand around the world.
SysLogic CEO Tina Chang joining Strattec board
Tina Chang, the chief executive officer of Brookfield-based information systems consulting and service company SysLogic, is joining the board of Strattec Security Corp.
Milwaukee-area firms, large ones especially, bullish on 2022 sales, profits
Among the 97 Milwaukee area businesses surveyed by the Metropolitan Milwaukee Association of Commerce, 80% expect to see sales increases in 2022 and 69% expect to see profits rise.
