Latest News

Aug Prep awarded $18 million in new market tax credits for new elementary school

St. Augustine Preparatory Academy will receive $18 million in federal new market credits to support its planned $49 million new elementary school building on Milwaukee's south side.

🔒 Milwaukee-based tech platform SpeakPulse acquired by ENTITY Academy

Milwaukee-based SpeakPulse, an app that offers AI-enabled interview preparation technology so job seekers can hone their interview skills, has been acquired by Las Vegas-based ENTITY Academy.

Saks owner may enter Kohl’s bidding process as shareholder pressure continues

Canadian department store Hudson Bay, the parent company of Saks Fifth Avenue, is reportedly considering a bid for Menomonee Falls-based Kohl’s Corp., according to a report from Axios.

🔒 African American Chamber of Wisconsin CEO takes new role at Dallas organization

Ossie Kendrix, who has led the Milwaukee-based African American Chamber of Commerce of Wisconsin for the past five years as president and CEO, announced Wednesday he has started a new role with a Dallas-based nonprofit organization.

🔒 Milwaukee set to close three TIF districts

The City of Milwaukee, Milwaukee Public Schools, and Milwaukee County, in addition to other taxing bodies, will have access to close to $19.4 million in tax base following the proposed closure of three of Milwaukee’s more than 90 tax incremental finance districts or TIDs.
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🔒 Developer behind $84 million Bayside project gives $4 million for new North Shore Library

North Shore Library's new location, one component of an $84 million mixed-use development under construction in Bayside, has received a $4 million gift from the project’s developer.

🔒 Milwaukee-based Renaissant secures $1.07 million worth of investments

Renaissant, the IT company behind loading dock intelligence platform Dock|C2, has raised $1.07 million in funding to support future growth. The company completed a $770,000 funding round this month and received a $300,000 technology development loan from the Wisconsin Economic Development Corp.

How will uncertainty, mounting challenges shape booming M&A market?

The market for buying and selling companies has continued to heat up in recent years. Driven by the aging demographics of many business owners, low interest rates making money cheap and private equity firms looking to put their funds to work, it has been a good time to sell if you were looking for an exit.

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