M&A Deal Summary |
|
|---|---|
| Date | 2012-09-11 |
| Target | Ohio Community Media |
| Sector | Publishing |
| Buyer(s) | Civitas Media |
| Sellers(s) | Versa Capital Management |
| Deal Type | Add-on Acquisition |
SEARCH BY
Try For Free 7-Day Free Trial
Civitas Media is a publisher of community newspapers in 12 Midwestern, Mid-Atlantic, and Southern states. The company includes the following media groups: Freedom Central, four daily newspapers in Illinois, Ohio and Missouri; Heartland Publications, 17 daily and 29 weekly papers across Georgia, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Virginia, and West Virginia; Ohio Community Media, with 13 daily and 30 weekly publications across the state of Ohio; and Impressions Media, which operates the Wilkes Barre Times Leader and other local publications in the northeastern Pennsylvania area. Civitas Media is based in Davidson, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Publishing) | 4 of 4 |
| Type (Add-on Acquisition) | 4 of 4 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 4 of 4 |
| Year (2012) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-09-11 |
Impressions Media
Pennsylvania, United States Impressions Media is a provider of community papers, associated websites and digital media businesses. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-09-11 |
Middlesboro Daily News
Middlesboro, Kentucky, United States The Middlesboro Daily News was first printed in 1911. The newspaper is published five times a week, Tuesday through Saturday, except on major holidays. Office hours are Monday through Friday from 8 a.m. until 4:30 p.m. The city of Middlesboro sits just inside the Cumberland Gap, along U.S. 25E, and is believed to have been built inside a meteorite crater. |
Sell | - |
| Category | Distressed Investor |
|---|---|
| Founded | 2004 |
| PE ASSETS | 1.4B USD |
| Size | Large |
| Type | Sector Agnostic |
Versa Capital Management is a private equity firm focused on investing in complex or distressed situations. Versa will consider businesses headquartered in North America and valued between $100 million and $1 billion. Prospective investment situations include buyouts, divestitures, recapitalizations, restructurings/turnarounds, take privates, rescue financings, and liquidations. Versa Capital Management is headquartered in Philadelphia, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 25 |
| Sector (Publishing) | 4 of 4 |
| Type (Add-on Acquisition) | 5 of 8 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 6 of 24 |
| Year (2012) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-09-11 |
Impressions Media
Pennsylvania, United States Impressions Media is a provider of community papers, associated websites and digital media businesses. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-10-02 |
Central Parking
Nashville, Tennessee, United States Central Parking Corp. is a provider of parking services. Central Parking owns, operates and manages multi-level parking facilities and surface lots, and provides parking-related services, including valet, parking meter collection and enforcements, shuttle bus operations, billing services and parking consulting. |
Sell | - |
