Patrick Kennedy | Star Tribune
Reporter | Business, Research

Business reporter Patrick Kennedy covers executive compensation and public companies. He has reported on the Minnesota business community for more than 20 years.

Kennedy also has written about nonprofit organizations and mergers and acquisition activity.


Winnebago Industries to buy luxury RV maker for $344M

Winnebago, which is based in Forest City, Iowa, but managed out of Eden Prairie, is expanding its portfolio of premium recreational vehicles by acquiring Newmar Corp., based in Indiana.


Sleep Number's Melissa Barra: Diversity important to bake into corporate culture

Melissa Barra was named one of the 50 most powerful Latinas in business by the Association for Latino Professionals for America. As Sleep Number’s senior…


Bloomington-based Donaldson expects 'uneven' demand for its filters because of trade uncertainty

Filtration giant boosts R&D to increase profit margins as buyers grow more cautious.


Two Twin Cities employee engagement companies merging to form $350M firm

Augeo acquires MotivAction as companies are looking more broadly at their missions.


One of Minnesota's largest private firms to be acquired for $2.9 billion

New Brighton-based company will be publicly traded when J2 Acquisition Ltd. takes over.


Now that Mendota Heights' Patterson Cos. saw earnings increase, sales are down

Supplier of veterinary and dental products is working a 3-year plan.


Edina-based Regis selling rest of company-owned salons

Edina-based company plans to sell almost all its remaining corporate-owned stores.


Minneapolis-based SPS Commerce buys longtime business partner for $11.5 million

"As far as deals go, it was one of the easier to do just because we knew the people so well and they knew us," SPS's Archie Black said of purchasing the Mapadoc EDI division.


Merrill Corp., once a specialized printing company, is now centered on M&A software

It has divested its legacy printing companies to invest in the faster-growing suite of M&A data services.


Toro's quarterly sales up nearly 30% thanks to its largest-ever acquisition

Acquisition of Charles Machine Works brands helped drive the increase.