Banking & Finance
Johnson Bank renews relationship with INVEST
Johnson Bank announced it has signed a new three-year contract with INVEST Financial Corporation, a full-service broker-dealer specializing in developing innovative financial solutions for advisors and their clients.
State agencies to launch $30 million venture capital fund
The State of Wisconsin Investment Board (SWIB) and Wisconsin Alumni Research Foundation (WARF) are creating an early-stage venture capital fund focused on information technology.
Buyers and sellers invited to BizTimes M&A Forum
Company owners interested in learning more about the process and prospects of buying or selling businesses are invited to attend the annual BizTimes M&A Forum, which will take place Friday, May 3, at the Pfister Hotel in downtown Milwaukee from 7:30 to 11:30 a.m.
Meyer to lead Wells Fargo’s commercial banking in Milwaukee
Jim Meyer has joined Wells Fargo as a senior vice president to lead the bank’s commercial banking in southeastern Wisconsin.
Allrite acquires insulation firm
Allrite Home & Remodeling Inc., a Milwaukee company specializing in siding, roofing, window and gutter replacement, has acquired S&E Insulation in Shorewood.
Actuant CEO tapers outlook
Menomonee Falls-based Actuant Corp. today reported fiscal second quarter net earnings of $28.4 million, or 38 cents per share, down from $32.2 million, or 43 cents per share, in the same period a year ago.
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McMasters retires from CliftonLarsonAllen
Krista McMasters, CEO of CliftonLarsonAllen, will retire effective April 1 after 35 years with the firm.
State agencies to launch $30 million venture capital fund
The State of Wisconsin Investment Board (SWIB) and Wisconsin Alumni Research Foundation (WARF) are creating an early-stage venture capital fund focused on information technology.
Acuity reaches new financial highs
In its 2012 financial statement, Sheboygan-based property and casualty insurance firm Acuity reported that its assets under management reached an all-time high of $2.75 billion and policyholders’ surplus finished the year at a record $1.125 billion.
Hendricks makes offer to buy out investors at ABC Supply
ABC Supply Holding Corp., the parent company of Beloit-based American Builders & Contractors Supply Co. Inc., has entered into a definitive agreement to redeem all of the shares held by its minority shareholders, an investor group led by Advent International.
Upon the closing of the transaction, 100 percent of the shares of ABC Supply will be controlled by the company’s co-founder, Diane M. Hendricks.
Upon the closing of the transaction, 100 percent of the shares of ABC Supply will be controlled by the company’s co-founder, Diane M. Hendricks.
