Banking & Finance
Generac announces secondary offering
Funds affiliated with CCMP Capital are selling all of their 7.02 million shares of stock in Generac Holdings Inc. through a secondary offering, excluding small amounts held by directors and a former director that were given as compensation for service on the board of directors.
Actuant to acquire oil and gas support company
Actuant Corp. announced it is acquiring Viking SeaTech, a Scottish offshore oil and gas support company, for about $225 million.
Social media and high-tech tools boost nonprofit fundraising
Social media campaigns and high-tech communication tools increasingly are becoming indispensable for fundraising in the nonprofit sector.
MSO faces financial challenges
While the Milwaukee Symphony Orchestra has long been regarded as a world-class music ensemble, behind all the acclaim and recognition is a nonprofit organization that has faced significant financial challenges, particularly during recent seasons.
MGIC returns to profitability
Reflecting the growing rebound of the U.S. housing market, Milwaukee-based MGIC Investment Corp. reported its first quarterly profit since 2010.
Actuant to acquire oil and gas support company
Actuant Corp. announced today it is acquiring Viking SeaTech, a Scottish offshore oil and gas support company, for about $225 million.
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Dohmen sells Restat for $409.5 million
Lisle, Ill.-based Catamaran Corp. will buy Milwaukee-based Restat from its parent company, Milwaukee-based Dohmen, for $409.5 million, the companies announced today. The deal is expected to close in the fourth quarter of this year.
Waterstone income dips
Waterstone Financial Inc., the Wauwatosa-based parent company of WaterStone Bank, reported second quarter net income of $4.9 million, or 16 cents per share, down from $6.2 million, or 20 cents per share, in the second quarter of 2012.
Fiserv earnings down
Brookfield-based Fiserv Inc. reported second quarter net income of $151 million, or $1.13 per share, down from $161 million, or $1.17 per share, in the second quarter of 2012.
Artisan Partners earnings up
In its second quarter as a publicly traded company, Artisan Partners Asset Management Inc. reported earnings of $5.7 million, or $0.38 per share, up from $3 million or $0.19 per share in the first quarter.
