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MLG Capital’s Fund V secures $350 million in investments
Brookfield-based MLG Capital has surpassed its fundraising goal for Fund V with $321,470,000 worth of investments, according to an SEC filing. Fund V, a commercial real estate fund, opened in January of 2021 with an equity raise goal of $300 million.
Hartland-based Transcendent acquired by Miami-based IT company
Hartland-based Transcendent, an IT solutions provider, has been acquired by Miami-based Airiam, a newly formed managed IT and digital transformation company with a focus on cybersecurity.
Nosco expanding its Pleasant Prairie HQ
Gurnee, Illinois-based Nosco, Inc. is expanding its Pleasant Prairie Packaging Innovation Center and headquarters facility to 271,000 square feet.
City of Sheboygan buys 197 acres of farmland in Town of Wilson
Hoping to address the dearth of available homes in their community, the landlocked city of Sheboygan has purchased 197 acres of farmland in the neighboring Town of Wilson for $3.67 million.
Advocate Aurora’s investment arm acquires medical monitoring company
Advocate Aurora Enterprises, the investment arm of Milwaukee and Downers Grove, Illinois-based Advocate Aurora Health, has acquired MobileHelp, a Florida-based provider of remote patient monitoring and personal emergency response systems.
Power Test acquired by Dallas-based private investment firm
Sussex-based Power Test, a dynamometer and test system manufacturer, has been acquired by Dallas-based StoneTree Investment Partners according to an announcement Friday. Terms of the deal were not disclosed.
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Alverno president Sr. Andrea Lee to step down this summer
Sister Andrea Lee announced she will step down as president of Alverno College at the end of the school year.
Old National Bank to lease entire 8th floor of Huron Building, open bank on ground floor
Old National Bank has signed a lease for 23,000 space feet of the Huron Building, occupying the entire eight floor of the 11-floor class A office building at 511 N. Broadway in downtown Milwaukee.
Anne Reed to retire as Wisconsin Humane Society’s president and CEO
Anne Reed, president and chief executive officer of the Milwaukee-based Wisconsin Humane Society, announced she will retire this fall.
Hammes Partners raises $739 million through latest health care real estate fund
Hammes Partners, a Milwaukee-based investment management firm focused on the U.S. health care real estate market, announced the closing of its third institutional private equity fund with $739 million in capital commitments.