M&A Deal Summary

BH Media Group Acquires The Free Lance–Star Publishing

On December 31, 2015, BH Media Group acquired publishing company The Free Lance–Star Publishing from Sandton Capital Partners

Acquisition Highlights
  • This is BH Media Group’s 1st transaction in the Publishing sector.
  • This is BH Media Group’s 2nd transaction in the United States.
  • This is BH Media Group’s 1st transaction in Virginia.

M&A Deal Summary

Date 2015-12-31
Target The Free Lance–Star Publishing
Sector Publishing
Buyer(s) BH Media Group
Sellers(s) Sandton Capital Partners
Deal Type Add-on Acquisition

Target

The Free Lance–Star Publishing

Fredericksburg, Virginia, United States
The Free Lance–Star Publishing Co. is a provider of 31,700-circulation daily newspapers.

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Buyer(S) 1

Buyer

BH Media Group

Omaha, Nebraska, United States

Category Company
Sector Publishing
DESCRIPTION

BH Media Group operates 69 newspapers and other titles It is a provider of news, information and entertainment news across print and digital platforms.


DEAL STATS #
Overall 2 of 2
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-28 World Marketing

Milwaukee, Wisconsin, United States

World Marketing specializes in developing integrated direct marketing programs that deliver measurable results for clients nationwide. From strategic program development, list selection and programming to creative, production, mailing and fulfillment, WMI offers an innovative, one-stop resource for targeted marketing and direct mail programs that deliver on every dollar.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-29 BH Media Group - The Buffalo News & Publications

Omaha, Nebraska, United States

BH Media Group Inc. - The Buffalo News & Publications Serving communities in 10 states, BHMG's owns the print and digital operations of 30 daily newspapers, as well as more than 49 paid weekly publications with digital sites and 32 other print products.

Sell $140M

Seller(S) 1

SELLER
DESCRIPTION

Sandton Capital Partners LLC is an investment firm focused on companies throughout North America and Europe. Sandton looks for companies generating sales between $5 and $150 million. Sectors of interest include agriculture, business services, construction, digital media, distribution, energy services, healthcare services, life science, manufacturing, media, and medical products. Sandton Capital Partners was formed in 2009 and is based in New York City.


DEAL STATS #
Overall 1 of 2
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-17 Neoelectra Group

Sant Just Desvern, Spain

Neoelectra Group is a business group specialized in providing efficient energy solutions to the industry. More diversified in services and more specialized in the industrial client, Neoelectra manages cogeneration, biomass, and food CO2 recovery assets and offers a wide range of efficient energy solutions (electricity, heat, steam, water, food CO2, back-up services energy…), industrial services and commercialization of energy and gas for the industry. Neoelectra Group was founded in 1986 and is based in Sant Just Desvern, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-11 Neoelectra Group

Sant Just Desvern, Spain

Neoelectra Group is a business group specialized in providing efficient energy solutions to the industry. More diversified in services and more specialized in the industrial client, Neoelectra manages cogeneration, biomass, and food CO2 recovery assets and offers a wide range of efficient energy solutions (electricity, heat, steam, water, food CO2, back-up services energy…), industrial services and commercialization of energy and gas for the industry. Neoelectra Group was founded in 1986 and is based in Sant Just Desvern, Spain.

Sell €120M