Schurz Communications Mergers and Acquisitions Summary

MediaCompany

Schurz Communications has acquired 4 companies, including 2 in the last 5 years. It has also divested 2 assets.

It’s largest disclosed sale occurred in 2016, when it sold Schurz Communications - Television Stations to Gray Television for $415M. Schurz Communications has acquired in 4 different US states. The Company’s most targeted sectors include communications (75%) and information technology (25%).

Join Mergr and gain access to Schurz Communications’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the media sector.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity4
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

Schurz Communications, Inc.

1301 East Douglas Road,
Mishawaka, Indiana 46545
United States,
(574)247-7237
www.schurz.com

Schurz Communications, Inc. is a diversified, privately-owned communications company It operates three other cable systems serving just under 90,000 subscribers (Coral Springs, Florida, Hagerstown, MD and Sun Lakes, AZ). Schurz also publishes eleven daily and eight weekly newspapers, and it operates ten television stations in seven markets and thirteen radio stations in three markets.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (0.4/yr) # 2 1 1 - - - 4
Sell (0.2/yr) # 1 - - 1 - - 2
vol $415M $30M $445M
  6

Most Recent M&A

Company Date Value Type
Schurz Communications, Inc. - Newspaper Assets 2019-01-29 30M USD Divestiture
, Indiana
Online Tech LLC 2018-02-05 - Add-on Acquisition
Ann Arbor, Michigan · www.onlinetech.com
Hiawatha Broadband Communications, Inc. 2017-10-03 - Add-on Acquisition
Winona, Minnesota · www.hbci.com
Schurz Communications - Television Stations 2016-02-16 415M USD Divestiture
, United States
Long Lines LLC 2015-01-20 - Add-on Acquisition
Sergeant Bluff, Iowa · www.longlines.com
Orbitel Communications LLC 2012-07-02 - Add-on Acquisition
Maricopa, Arkansas · www.orbitelcom.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Orbitel Communications LLC 2012-07-02 Western Broadband LLC 2012-07-02 1
Maricopa, Arkansas · www.orbitelcom.com Sun Lakes, Arizona · www.westernbroadband.net

M&A by Sector

Sector Buy # Value Sell # Value
Communications 3 (75%) - - -
Information Technology 1 (25%) - - -
Media - - 1 (50%) 415M (93%)
Publishing - - 1 (50%) 30M (7%)
Total 4 - 2 $445M

By Geo

State/Country Buy Value Sell Value
United States 4 - 2 445M
  Minnesota 1 - - -
  Michigan 1 - - -
  Iowa 1 - - -
  Arkansas 1 - - -
  Indiana - - 1 30M
Total 4 - 2 $445M

Top M&A Advisors

Financial Deals
Waller Capital Partners LLC
1
Matrix Capital Markets Group Inc.
1

Deal Values

sell # Total
$100M to $1B 1 $415M
< $100M 1 $30M
TOTAL $445M
Largest Schurz Communications - Television Stations
$415M (2016-02-16)

M&A Connections

Deals
Divested to
Strategic(s)
100%
2 (100%)

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