Divestiture • Publishing

Adams Publishing Group Acquires Defiance Publishing Co.

On December 9, 2015, Adams Publishing Group acquired publishing company Defiance Publishing Co. from Dix Communications

Acquisition Context
  • This is Adams Publishing Group’s 1st transaction in the Publishing sector.
  • This is Adams Publishing Group’s 2nd transaction in the United States.
  • This is Adams Publishing Group’s 1st transaction in Ohio.

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M&A Deal Summary

Date December 9, 2015
Target Defiance Publishing Co.
Sector Publishing
Buyer(s) Adams Publishing Group
Sellers(s) Dix Communications
Deal Type Divestiture

Target Company

Defiance Publishing Co.

Defiance, Ohio, United States
Defiance Publishing Co. LLC is a publisher of newspaper and specialty magazines.
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Buyer Overview 1

Buyer

Adams Publishing Group

Minneapolis, Minnesota, United States

Category Company
Founded 2013
Sector Publishing
DESCRIPTION

Adams Publishing Group is a family-owned community newspaper company consisting of 27 daily newspapers, more than 100 non-daily newspapers, and a number of other media-related businesses in 15 states and the District of Columbia. Adams Publishing Group was founded in 2013 and is based in Minneapolis, Minnesota.


Deal Context for Buyer #
Overall 2 of 2
Sector: Publishing 1 of 1
Type: Divestiture 2 of 2
State: Ohio 1 of 1
Country: United States 2 of 2
Year: 2015 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-23 The Dundalk Eagle

Dundalk, Maryland, United States

The Dundalk Eagle offers weekly newspapers.

Buy -

Seller Profile 1

SELLER

Dix Communications

Wooster, Ohio, United States

Category Company
Founded 1890
Sector Publishing
DESCRIPTION

Dix Communications, Inc. owns and operates seven daily newspapers, radio stations and a multitude of digital products and marketing services.


Deal Context for Seller #
Overall 1 of 2
Sector: Publishing 1 of 2
Type: Divestiture 1 of 2
State: Ohio 1 of 2
Country: United States 1 of 2
Year: 2015 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-31 Wooster Republican Printing Co. - Ohio Publishing Division

Ohio, United States

Wooster Republican Printing Co. - Ohio Publishing Division is comprised of five daily and 18 weekly publications across northeastern Ohio and has been privately owned and operated by the Dix family for over a century. Its daily papers include The Daily Record (22,540), the Record-Courier (15,626), The Alliance Review (10,450), the Times-Gazette (9,905), and The Daily Jeffersonian (11,150). In addition to the print publications, the acquisition includes a number of niche publications, websites and a commercial printing operation.

Sell $21M