Schurz Communications - M&A Summary and Business Overview

MediaCompany

Schurz Communications M&A Summary

Schurz Communications has acquired 5 companies, including 1 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 5 different US states. The Company’s most targeted sectors include communications (80%) and information technology (20%).

Schurz Communications Business Overview

Where is Schurz Communications headquartered?

Schurz Communications is headquartered in Mishawaka, Indiana.

What sector is Schurz Communications in?

Schurz Communications is a media company.

When was Schurz Communications founded?

Schurz Communications was founded in 1872.

M&A Summary

M&A Total Activity7
- M&A Buy Activity5
- 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		≤ '19	'20	'21	'22	'23	'24	T
Buy (0.2/yr)	#	4	-	1	-	-	-	5
Sell (0.0/yr)	#	2	-	-	-	-	-	2
Sell (0.0/yr)	vol	$445M						$445M
								7

Most Recent M&A

Company	Date	Value	Type
New Knoxville Telephone Co.	2021-12-01	-	Add-on Acquisition
New Knoxville, Ohio · www.nktelco.com
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	4 (80%)	-	-	-
Information Technology	1 (20%)	-	-	-
Media	-	-	1 (50%)	415M (93%)
Publishing	-	-	1 (50%)	30M (7%)
Total	5	-	2	$445M

By Geo

State/Country		Buy	Value	Sell	Value
United States		5	-	2	445M
	Ohio	1	-	-	-
	Minnesota	1	-	-	-
	Michigan	1	-	-	-
	Iowa	1	-	-	-
	Arkansas	1	-	-	-
	Indiana	-	-	1	30M
Total		5	-	2	$445M

Top M&A Advisors

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

Company Summary

SECTOR

Media

Established

1872

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Schurz Communications - M&A Summary and Business Overview

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