Banking & Finance

Generation Growth Capital sells Quality Assembly & Logistics

Milwaukee-based private equity fund Generation Growth Capital, Inc., has sold Quality Assembly & Logistics, LLC to the company’s president and chief executive officer, Guy Meyerhofer.

Artisan Partners to open Sydney office

Milwaukee-based global investment management firm Artisan Partners has announced it will open a new office in Sydney, Australia.

Associated Bank opens new branch in Racine

Associated Bank today opened a new branch bank in Racine at 5205 Washington Ave.

Popular tax breaks will be reinstated

The House and Senate have overwhelmingly passed a Tax Extenders Bill, which retroactively extends tax breaks that had previously expired at the end of 2014.

Actuant earnings down on lower demand

Milwaukee-based Actuant Corp. today reported fiscal 2015 first quarter net earnings of $24.7 million, or 38 cents per share, down from $36.0 million, or 48 cents per share, in the first quarter of 2014.

Associated Bank’s corporate banking head to retire

Donna Smith, executive vice president and head of corporate banking at Associated Banc-Corp, has announced she will retire on June 1, 2015.
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Theater revenues drive strong 2Q for Marcus

Milwaukee-based The Marcus Corp. today reported fiscal 2015 second quarter net earnings of $5.4 million, or 19 cents per share, up from $3.5 million, or 12 cents per share, in the second quarter of 2014.

PPC Industries to be acquired by New York private equity firm

Mount Kisco, New York-based private equity firm Kohlberg & Co. LLC has agreed to acquire Pleasant Prairie-based PPC Industries Inc.

Joy Global reports strong 4Q, expects soft 2015

Milwaukee-based Joy Global Inc. today reported fourth quarter net income of $136.9 million, or $1.38 per share, up from $26.8 million, or 25 cents per share, in the fourth quarter of 2013.

Economic Trends Breakfast to offer 2015 outlook

BizTimes Media LLC will host the annual Northern Trust Economic Trends Breakfast on Thursday, Jan. 29, at the Italian Community Center in Milwaukee's Historic Third Ward.

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