Banking & Finance

Lasry: Arena financing needs to be partnership

Marc Lasry, co-owner of the Milwaukee Bucks, said this morning that the City of Milwaukee will be key to financing a new arena downtown.

Activate Healthcare gets major equity investment

Activate Healthcare LLC has received a multimillion dollar growth equity investment from New York investment management firm Spring Mountain Capital LP.

Shelter Mortgage acquired by Pennsylvania lender

Brown Deer-based Shelter Mortgage Co. has been acquired by New Penn Financial LLC.
Shelter Mortgage, a full-service mortgage lender, was founded in 1984. It uses a partnership based model, working together with realtors, builders and relocation companies.

‘Just do the right thing:’ How the Culver brothers became effective CEOs

The CEO of Milwaukee-based MGIC and the CEO of Prairie du Sac-based Culver's both give their employees a simple but powerful guideline: “Just do the right thing.” That could be because they're brothers.

American Metal Technologies acquires Ohio die casting company

Sturtevant-based American Metal Technologies LLC has acquired Kotobuki-Reliable Die Casting Inc.

Roadrunner completes acquisition of Active Aero Group

Cudahy-based Roadrunner Transportation Systems Inc. announced has completed its previously announced acquisition of Belleville, Mich.-based Active Aero Group, a supply chain solutions provider specializing in sensitive or time-critical freight.
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FIS to close Brown Deer business unit, lay off 32

Jacksonville, Fla.-based FIS plans to close its print and mail business unit in Brown Deer and lay off 32 workers there.

A&A Manufacturing sold to London investment firm

New Berlin-based A&A Manufacturing Co. Inc. has been acquired by London-based international investment manager 3i Group plc and its management.

Wipfli partners with Vertex on sales tax software

Milwaukee-based accounting and business consulting firm Wipfli LLP has partners with Vertex SMB to provide a sales and use tax solution called Vertex SMB TaxCentral.

McGrath to keynote ACG conference

The Wisconsin chapter of the Association for Corporate Growth will host noted author Rita McGrath as its keynote speaker at its annual Growth, Leadership and Human Capital Conference.

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