Banking & Finance

Brierton is new president of Payroll Complete

Waukesha State Bank announced that its board of directors promoted Paula Brierton to president of its payroll services division, Payroll Complete.

Bubbler Quote of the Week

"For individuals thinking about selling their business, now is not only the time because it's a seller's market, but...

Waterstone promotes Bruss to COO

Waterstone Financial Inc., the Wauwatosa-based parent company of WaterStone Bank SSB, announced that its board of directors has appointed William Bruss as chief operating officer of the company.

Baird promotes investment bankers

Milwaukee-based Robert W. Baird & Co. Inc. today announced that two of its veteran bankers, Brian Doyal and Brian McDonagh, will assume the position of co-head of Global Investment Banking, effective Jan. 1, 2014.

It’s a seller’s market

The conditions in the local mergers and acquisitions market are ripe for business owners to sell, according to industry experts.

Stocks rise with strong economic data

The U.S. stock market rose today with a series of promising data points.
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Write-down takes toll on Actuant

Menomonee Falls-based Actuant Corp. reported a fiscal third quarter loss of $93.0 million, or $1.24 per share, compared with net income of $34.4 million, or 45 cents per share in the same period a year ago.

Merrill Hills Country Club sold to The Legend for $3 million

The Legend Clubs, owned by Jack Gaudion and Risa Kuhlman, who co-own The Legend at Brandybrook in Wales and The Legend at Bristlecone in Hartland, has purchased Merrill Hills Country Club in Waukesha for $3 million, according to state records. The sale was recorded Wednesday, June 19.

Rexnord public offering priced at $16 per share

West Milwaukee-based Rexnord Corp. announced the pricing of its previously announced public offering of its common stock held by certain funds affiliated with Apollo Global Management LLC.

Vanderpoel joins Schenck M&A team

Corey Vanderpoel has been named a managing director at Schenck M&A Solutions. He will be responsible for providing M&A advisory services to new and existing clients.

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