Banking & Finance

Cleary Gull names Andrew president

Milwaukee-based Cleary Gull Inc. announced today it has named Brian Andrew president. He will also join the firm’s board, while continuing to serve as chief investment officer.

Jason Inc. acquired by St. Louis firm

Milwaukee-based finishing, seating, components and automotive acoustics manufacturer Jason Inc. has been acquired by St. Louis-based acquisition firm Quinpario Acquisition Corp. for $538.65 million.

Venture philanthropy: BrightStar lifts off in Wisconsin

With a fresh nonprofit designation in hand, BrightStar Wisconsin Foundation Inc. has deployed its first three investments in startup companies that will create jobs in Wisconsin.

Generation Growth acquires Minnesota laser company

Milwaukee-based private equity firm Generation Growth Capital Inc. announced today it has acquired Minneapolis, Minn.-based Innovative Laser Technologies Inc.

Public Policy Forum report outlines taxation options for county

A new report by the Public Policy Forum documents new taxation strategies deployed by other urban markets for funding the arts, cultural, recreational and entertainment institutions that could be adopted for Milwaukee County.

Magnetek down on lower product sales

Menomonee Falls-based Magnetek Inc. today reported fourth quarter net income of $373,000, or 11 cents per share, down from $1.02 million, or 31 cents per share, in the fourth quarter of 2012.
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Snowy winter boosts Douglas Dynamics

Milwaukee-based Douglas Dynamics Inc., which manufactures snow and ice control equipment for light trucks, today reported fourth quarter and full year results.

OnCourse Learning sold to CIP Capital

Waukesha-based OnCourse Learning Corp. has been acquired by New York private equity firm CIP capital.

Everbrite acquires Arizona sign company

Greenfield-based sign manufacturer and manager Everbrite LLC has acquired the assets of Tucson, Ariz-based Fluoresco Lighting-Sign Maintenance Corp.

Joy Global lags on equipment sales

Milwaukee-based Joy Global Inc. reported fiscal first quarter net earnings of $48.8 million, or 48 cents per share, down from $142.1 million, or $1.34 per share, in the first quarter of 2013.

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