Banking & Finance

Brookfield-based financial technology provider Fiserv Inc. has partnered with Portland, Ore.-based iovation to address internet fraud prevention.

Wauwatosa-based Zywave Inc., a provider of insurance and financial planning software solutions, announced it has signed a definitive agreement to sell its Insurance Solutions Division to Aurora Capital Group, a Los Angeles-based private equity firm.

Milwaukee-based Rockwell Automation Corp. today announced it has agreed to purchase Erlanger, Ky.-based Jacobs Automation, a provider of intelligent track motion control technology.

Baylake Bank, a wholly owned subsidiary of Baylake Corp., today announced it will acquire a branch facility and other fixed assets along with approximately $14 million of deposits from Community Bank & Trust's Appleton office.

Allen Edmonds Corp. last week agreed to be acquired by an affiliate of Brentwood Associates, a Los Angeles-based private equity firm founded in 1972 with a track record of successful investments in growth-oriented consumer companies.

SABMiller plc and Molson Coors Brewing Company, the parent companies of MillerCoors, reported quarterly underlying profit growth of 11.7 percent and a 4.1 percent increase in domestic net revenue per barrel vs. the same quarter in the prior year.

Waukesha Metal Products announced it has signed a letter of intent to acquire the assets of Mexico-based Revstone Fabrication San Luis Potosi S de RL de CV.

Milwaukee-based Wipfli LLP has launched a weekly newsletter, Manufacturing Tomorrow, that will include innovation and technology news, ideas and analysis focused on the manufacturing industry.

“Wisconsin banks are strong, stable and ready to lend” and “are in the best position in years to serve Wisconsin's consumers and improve the state's economy.” That's the latest assessment from the Wisconsin Bankers Association.