Investments in Holaira and Inspire Medical helped drive the strong quarter.
Banking + Finance
Here are some key numbers from the campaign finance reports filed with the Federal Election Commission on Tuesday.
The latest “PayScale Index” found that wages are growing faster in Minneapolis-St. Paul than in most metros, although rising inflation is constraining purchasing power nationwide.
James Dolan has joined Cherry Tree Companies, the Minnetonka-based investment firm that helped him launch the Dolan Company more than two decades ago.
At issue were notices that should have been sent to applicants urging them to provide more information about qualifying for the state’s Medical Assistance program.
Enventis was bought by a fellow telecommunications firm, based in Illinois, and the deal’s direct effect on Minnesota employees hasn’t been disclosed.
A judge recently approved roughly $3.5 million in legal and accounting fees tied to the Tom Petters bankruptcy case, reportedly bringing the tally to roughly $83 million.
ABRA Auto Body & Glass now has 229 locations in 18 states, and the latest deal marks its first expansion into Ohio.
Sport Ngin, which has raised $35 million since its founding and now employs 200 people, will continue to invest in its NGIN platform and bolster its sales, service, and marketing efforts.
Minnetonka-based Wireless Ronin Technologies, Inc., said it would merge with Creative Realities and sell about 59 percent of its shares to the owner of the fellow marketing technology firm.
Avtex Solutions will remain based in Bloomington, and its CEO said the acquisition will set the stage for future growth.
While the Twin Cities’ corporate tax structure is lower than those in many major cities throughout the world, it’s higher than those in major metros in places like Canada, Mexico, and the Netherlands.
The Minnetonka-based barbeque chain said, however, that there is no immediate impact on its stock listing, and it expects to regain compliance within Nasdaq’s grace period.
All but one of the GOP candidates made loans to their campaigns.
The company said that, while it plans to relocate its headquarters from Fridley to Ireland, it will retain its “operational headquarters” in the Twin Cities.
Robert Senkler was appointed CEO in July 1994 and has worked for the company since he was just 21 years old.
Robins, Kaplan, Miller & Ciresi struck a preliminary settlement deal with two major private equity firms, and it plans to face off with more of the nation’s largest firms in court.
A bankruptcy court approved The Dolan Company’s reorganization plan, and the company agreed to pay about $3.2 million to a trust designed to benefit stockholders.