M&A Deal Summary

10/13 Communications Acquires ASP Westward

On June 29, 2012, 10/13 Communications acquired publishing company ASP Westward from American Securities

Acquisition Highlights
  • This is 10/13 Communications’ 1st transaction in the Publishing sector.
  • This is 10/13 Communications’ 1st transaction in the United States.
  • This is 10/13 Communications’ 1st transaction in Texas.

M&A Deal Summary

Date 2012-06-29
Target ASP Westward
Sector Publishing
Buyer(s) 10/13 Communications
Sellers(s) American Securities
Deal Type Add-on Acquisition

Target

ASP Westward

Houston, Texas, United States
ASP Westward LP (dba Westward Communications) is a publisher of more than 60 community newspapers and related websites, targeted publications and digital products serving the Houston, East Texas, and Colorado Springs markets.

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Buyer(S) 1

Buyer

10/13 Communications

Reno, Nevada, United States

Category Company
Founded 2009
Sector Publishing
DESCRIPTION

10/13 Communications LLC is a family-owned community media company with newspapers, websites, magazines and niche specialty publications in 11 states.


DEAL STATS #
Overall 1 of 3
Sector (Publishing) 1 of 3
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 3
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-17 Inside Tucson Business

Tucson, Arizona, United States

Inside Tucson Business is a publisher of weekly and has total qualified circulation of nearly 5,000.

Buy -

Seller(S) 1

SELLER

American Securities

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 26.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

American Securities is a large private equity firm that typically partners with management when pursuing company acquisitions. American Securities typically targets US-based companies and generally seeks to commit $300 to $700 million per transaction. Areas of interest include consumer products, restaurants, healthcare, industrial, aerospace, defense, agriculture, environmental, paper/packaging, energy, and specialty chemicals. The Firm was originally formed in 1947 as the family office for William Rosenwald, an heir to the Sears Roebuck & Company, and began accepting outside investors in 1994. American Securities is headquartered in New York City.


DEAL STATS #
Overall 16 of 51
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 7 of 21
State (Texas) 2 of 6
Country (United States) 15 of 50
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-15 ViaPath Technologies

Falls Church, Virginia, United States

ViaPath Technologies is a provider of telecommunications and technology services to the United States corrections industry. ViaPath Technologies offers innovative product solutions including offender management systems, case management systems, and inmate phone systems. ViaPath Technologies was founded in 1989 and is based in Falls Church, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-08 HHI Group Holdings

Columbus, Indiana, United States

HHI Group Holdings, LLC ("HHI"), through its Jernberg Holdings, LLC, Impact Forge Group, LLC, HHI FormTech, LLC, Kyklos Bearing International, LLC (“KBI”) and Cloyes Gear and Products, Inc. subsidiaries, is the largest independent manufacturer of forged parts and a leading manufacturer of wheel bearings for the North American automotive industry and a leading supplier of powdered metal engine and transmission components for automotive and industrial customers worldwide.

Buy -