Patrick Kennedy
Reporter
Business, ResearchKennedy also has written about nonprofit organizations and mergers and acquisition activity.
Latest from Patrick Kennedy
Donaldson makes $820M deal to buy another filtration business
Bloomington-based Donaldson agrees to acquire Filtration Group’s Facet Filtration business.
February 2, 2026
Latest move by chipmaker Skywater positions it as a leader in quantum computing
IonQ’s $1.8 billion acquisition of Skywater Technology will help the Bloomington semiconductor firm develop quantum uses.
January 30, 2026
Donaldson CEO Tod Carpenter will retire in March
Carpenter will turn over reins of the Bloomington-based company to Chief Operating Officer Richard Lewis on March 2. He will remain executive chair.
January 29, 2026
NFL star Travis Kelce takes stake in Sleep Number, will be in national ads
The Kansas City Chiefs star tight end, podcast co-host and fiancé of pop star Taylor Swift is investing in Minneapolis-based company.
January 29, 2026
Bloomington-based SkyWater Technology to be sold for $1.8B
Quantum-computing company IonQ will now control semiconductor chip design and manufacturing, thanks to Skywater’s U.S.-based operations.
January 26, 2026
Winnebago-owned Barletta is a perennially prominent pontoon at Minneapolis Boat Show
Under the Eden Prairie company’s ownership, Barletta has become the third-largest pontoon brand.
January 23, 2026
Park Dental Partners raises $20 million from initial public stock offering
The Roseville-based company is looking to expand nationally while keeping its Minnesota roots intact.
January 23, 2026
3M ends PFAS manufacturing on schedule
The Maplewood-based company announced in 2022 it would cease producing using the “forever chemical” in the span of three years, though it still expects to use third-party PFAS in some products.
January 22, 2026
Polaris to close Wisconsin plant, lay off 200 workers
The sale of the Indian Motorcycle business led to the Minnesota company’s decision to close the Osceola plant.
January 22, 2026
Sleep Number launches new lower-priced mattress to help revive sales
The ComfortMode is part of new CEO Linda Findley’s turnaround plan for the Minneapolis company. She said the mattress appeals to a broader consumer base.
January 16, 2026
Arctic Cat buys assets of Canadian snowmobile maker as it continues to rebuild
The Thief River Falls, Minn., company bought the Widescape brand in a deal announced on Tuesday.
January 6, 2026
Firm with no revenue was Minnesota's 2025 best-performing stock
Celcuity, a clinical-stage company developing a cancer drug, had promising clinical trials. Among Minnesota’s public companies, half saw their stock increase this year.
January 1, 2026
