Banking & Finance

Grede Holdings sold to New York firm

Grede Holdings LLC, which has four Wisconsin foundries and was founded in Wauwatosa, has been sold to New York private equity firm American Securities LLC.

Cera is new chair of Wisconsin Bankers Association

Robert Cera, president and chief executive officer of Baylake Bank in Sturgeon Bay, has been elected to serve as the 2014-2015 chair of the Wisconsin Bankers Association.

Gay is new managing partner for Ernst & Young in Milwaukee

Ernst & Young LLP has named assurance partner David Gay as managing partner of its Milwaukee office, July 1.

Capital Innovations to advise on new energy fund

Pewaukee-based Capital Innovations LLC will sub-advise a new fund launched by Irvine, Calif.-based Vertical Capital Markets Group.

Actuant trainees visit NYSE

Menomonee Falls-based Actuant Corp. recently brought its finance management development program participants to New York to visit the New York Stock Exchange and attend the Wells Fargo Industrial investor conference.

Actuant makes $31 million acquisition

Menomonee Falls-based Actuant Corp. has acquired Sugar Land, Texas-based Hayes Industries Ltd. for about $31 million.
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Gay is new managing partner for Ernst & Young in Milwaukee

Ernst & Young LLP has named assurance partner David Gay as managing partner of its Milwaukee office, July 1.

Cera is new chair of Wisconsin Bankers Association

Robert Cera, president and chief executive officer of Baylake Bank in Sturgeon Bay, has been elected to serve as the 2014-2015 chair of the Wisconsin Bankers Association.

Grede Holdings sold to New York firm

Grede Holdings LLC, which has four Wisconsin foundries and was founded in Wauwatosa, has been sold to New York private equity firm American Securities LLC.

French company acquires SPSI

Brookfield-based Systems & Programming Solutions Inc. and its subsidiary, Best Way Technologies, have sold their assets to French mail solutions, communication and logistics provider Neopost. The name SPSI has been changed to ProShip Inc. in the transaction.

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