Latest News
🔒 Fiserv making $650 million acquisition to advance digital banking strategy
Brookfield-based Fiserv Inc. plans to acquire Jacksonville-based Finxact in a deal aimed advancing the company’s digital banking efforts.
Oconomowoc Lake home sold for $3.8 million
A 7,000-square-foot home on Oconomowoc Lake has been sold for $3.8 million, according to state records.
🔒 Racine-based R&B Grinding Co. acquired by Texas private equity firm
Racine-based R&B Grinding, LLC has been acquired by Willis & Smith Capital, a Plano, Texas-based private equity firm. The transaction closed on Feb. 1. Terms of the deal were not disclosed.
Dick Leinenkugel to retire as president of Jacob Leinenkugel Brewing Co.
Chippewa Falls-based Jacob Leinenkugel Brewing Company announced today that Dick Leinenkugel will retire as president at the end of the year.
🔒 Gleason Redi-Mix plans facility on Mill Road in Milwaukee
Gleason Redi-Mix LLC is seeking approvals to operate a heavy manufacturing facility at an existing building in Milwaukee. An application was submitted to the city’s Board of Zoning Appeals on Dec. 13, 2021. A special use is being requested by the company to operate out of a building located at 4111 W. Mill Road.
🔒 Investments in Wisconsin early-stage companies in 2021 shatter previous high
Angel investors and venture capitalists invested at least $810 million in young, Wisconsin-based companies in 2021, shattering the previous yearly early-stage investment record for the state of $483.6 million in 2020
Weekly Debrief: Arts center planned as momentum is growing in Bronzeville
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Lauren Anderson, Andrew Weiland and Arthur Thomas from BizTimes Media get together to discuss the week's news, including...
🔒 Food coloring company Oterra will move into industrial building in Mount Pleasant
Denmark-based Oterra, LLC plans to move into an industrial building in Mount Pleasant that previously had been occupied by Foxconn on a temporary basis, prior to the construction of its campus in the village.
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Major mixed-use development planned near The Corners of Brookfield
Hales Corners-based Wimmer Communities is planning a $120 million mixed-use development northeast of Bluemond and Barker roads in the Town of Brookfield, across Bluemound from The Corners of Brookfield.
🔒 Twin Disc faces labor challenges to meet demand as oil and gas market returns
There were a number of things for executives at Racine-based Twin Disc Inc. to be happy about in the company’s latest earnings report.
CEO of Milwaukee-based Exit 7C pleads guilty to wire fraud
Blessing Egbon, founder and chief executive officer of Milwaukee-based Exit 7C, has reached a plea deal with the state in which he has agreed to plead guilty to three counts of wire fraud.
Johnson Financial Group extends sponsorship of Broadway series at the Marcus Center
Johnson Financial Group has re-upped its multi-year title sponsorship for the Broadway at the Marcus Center series.