Banking & Finance

Marcus Theatres, a division of The Marcus Corp. in Milwaukee, announced it has signed an agreement to purchase MESCOP Inc., a film buying and booking business located in Sussex.

Banks and credit unions that actively market their mobile banking services have experienced adoption rates twice as high as financial institutions that do not promote the service, according to a new statistical analysis by Brookfield-based Fiserv Inc.

Mayville Engineering Company Inc. announced it has acquired Center Manufacturing Inc. a Byron Center, Mich.-based manufacturer of metal products for the commercial vehicle, powersports, agriculture, construction, automotive and military industries, through a private stock purchase.

Wisconsin Economic Development Corp. chief operating officer Ryan Murray encouraged local entrepreneurs to support the early stage capital program being proposed in the state legislature at a meeting of the Wisconsin Innovation Network-Milwaukee.

Glendale-based Johnson Controls has filed an appeal of the sale of A123 Systems Inc. to Chinese automotive parts company Wanxiang.

Milwaukee-based Robert W. Baird & Co. Inc. and Axis Capital, the investment banking subsidiary of Axis Bank, one of the leading private sector banks in India, today announced a strategic alliance for investment banking services, with an initial focus on cross-border mergers and acquisitions (M&A) between India and Europe, and India and the United States.

Mequon-based Charter Manufacturing Company announced it has acquired Dura-Bar and Dura-Bar Metal Services as part of its stock purchase of Illinois-based Wells Manufacturing Company.

Milwaukee-based Briggs & Stratton Corp. announced it has acquired Companhia Caetano Branco of Brazil for a total consideration of approximately $57 million in cash.

A three-year old consent order between WaterStone Bank SSB, a wholly-owned subsidiary of Waterstone Financial Inc., holding company of WaterStone Bank, and regulators has been terminated after the Wauwatosa financial institution satisfied requirements to return to profitability.

The Northwestern Mutual Foundation has announced the recipients of its “Days of Sharing” campaign grant funds. The campaign awards $100,000 to 25 area nonprofit organizations that have been nominated by Northwestern Mutual employees. Winning organizations receive the funds in nominating employees’ names.