Banking & Finance

Waterford-based Runzheimer International, a global leader in Total Employee Mobility solutions, has acquired Canadian GPS technology firm SatLogix Inc., an innovator of vehicle mileage tracking devices and cloud-based mileage management platforms.

Data Dimensions, a Janesville-based producer of business process automation (BPA) solutions, announced it has acquired Data Exchange Center Inc. located in Brown Deer.

Investment managers are becoming less positive on the U.S. economy and corporate earnings due to the expected negative impact of a recession in Europe and slower growth in China, according to a survey conducted in the second quarter by Northern Trust Bank.

Chicago-based Taylor Capital Group Inc. announced that Cole Taylor Bank is expanding its commercial banking business into southeastern Wisconsin through the opening of a new office in Franklin.

Hartland-based Town Bank plans to open a new office in a freestanding building in The Woodlands Market retail center in Menomonee Falls. The bank will hold a grand opening in the late summer or early fall.

Hot Water Products, a Milwaukee water heating products company, has acquired American Mechanical Services, a Milwaukee steam products company.

The median asking price for Milwaukee companies listed on BizBuySell.com dropped to $259,500 in the second quarter, down 5.6 percent from a year ago.

Chicago-based Taylor Capital Group Inc. announced today that Cole Taylor Bank is expanding its commercial banking business into southeastern Wisconsin through the opening of a new office in Franklin.

Investment managers are becoming less positive on the U.S. economy and corporate earnings due to the expected negative impact of a recession in Europe and slower growth in China, according to a survey conducted in the second quarter by Northern Trust Bank.

CliftonLarsonAllen (CLA) announced the acquisition of the tax and accounting business segments of AgStar Financial Services.