Banking & Finance

The founders of OnMilwaukee.com LLC are looking for new investors to help take the company to the next stage.

Erik Buell Racing LLC in East Troy will receive inventory financing from GE Capital's Commercial Distribution Finance (CDF) to help it build a motorcycle dealer network.

Milwaukee-based Wipfli LLP, one of the top 25 CPA and consulting firms in the United States, has acquired Duluth, Minn.-based Eikill & Schilling Ltd.

Financial institutions reported $37.6 billion in net income in the third quarter, up more than 6 percent from $35.2 billion in the same period a year ago, according to the Federal Deposits Insurance Corp.'s Quarterly Banking Profile.

First Business Financial Services Inc., the Madison-based parent company of First Business Bank and First Business Bank-Milwaukee, announced it has priced a public offering of 1.1 million shares of common stock at $23.00 per share.

Milwaukee-based mortgage insurer MGIC Investment Corporation will pay $267.5 million to Freddie Mac under a settlement to the pool insurance dispute between the companies and the Federal Housing Finance Agency.

Waukesha-based Generac Holdings Inc. announced that due to market conditions, the secondary offering of shares of the company's common stock by certain selling stockholders is being withdrawn from the marketplace.

Milwaukee-based Lubar & Co. announced it has acquired Marinette-based ChemDesign Inc.

Fiat Industrial S.p.A. and CNH Global N.V. announced they have entered into a definitive merger agreement to combine the businesses of Fiat Industrial and CNH, creating a new company that so far is being called NewCo.

U.S. Bank, lead bank of U.S. Bancorp, announced it is acquiring Jacksonville, Fla.-based FSV Payment Systems, a prepaid card processing company known for its expertise managing a broad range of prepaid programs for companies, governments and other financial institutions.