U.S. Bank has entered an agreement to purchase Ally Bank’s document custodian business.
Banking + Finance
Healthcare Engagement Solutions, developer of mobile technology suite Uniphy, raised over half a million dollars from angel investors and is planning for more.
The Wayzata-based bank told its employees Monday that about 1,500 of them will be relocated from different offices throughout the state to a new workplace in Plymouth.
The Minneapolis-based health care IT company continues to grow.
After making a $10 million equity investment in CyVek, Inc., Techne Corporation said it plans to acquire the entire company if it meets certain performance benchmarks.
Wisconsin-based Quad/Graphics, Inc., is buying the large Minnesota printing company.
The bankruptcy trustee attempting to round up “false profits” tied to the Tom Petters Ponzi scheme wants permission to pursue “clawback” claims in 26 countries around the world.
Minneapolis continues to benefit as one of Google’s seven “Tech Hubs,” as local startups Docalytics and Kidizen were offered funding from AOL founder Steve Case.
Founded in 2008, Holaira is working to treat the debilitating symptoms of chronic obstructive pulmonary disease.
Polaris said the acquisition of the powersports accessories manufacturer will bolster its growing parts, garments, and accessories business.
Taking into account returns on taxpayer investment, how much each state receives in federal funding, and the ratio of federal employees, WalletHub ranked Minnesota third on its list of states least-dependent on the federal government.
According to multiple news reports, the owners of Bluestem Brands have hired banks to seek buyers for the company, which generated more than $830 million in revenue last year.
With existing assets totaling nearly $1.6 billion, KleinBank will be adding about $205 million more after acquiring Prior Lake State Bank.
The Dolan Company is making severance payments to its founder and another longtime leader who resigned in conjunction with its bankruptcy filing, which lists $185.9 million in debt and $236.2 million in assets.
Eden Prairie-based PetVivo is developing “biomedical” products for pets.
New tax laws, new donor priorities and new tools for charitable giving are changing philanthropy and wealth management.
Why is a global ad agency trying to raise money for tiny ventures?
Dolan Company announced a reorganization plan that will cut debt and result in the company going private—and its founder and CEO has stepped down.