M&A Deal Summary

Euclid Media Group Acquires Cincinnati CityBeat

On January 17, 2018, Euclid Media Group acquired publishing company Cincinnati CityBeat from SouthComm Communications

Acquisition Highlights
  • This is Euclid Media Group’s 6th transaction in the Publishing sector.
  • This is Euclid Media Group’s 6th transaction in the United States.
  • This is Euclid Media Group’s 2nd transaction in Ohio.

M&A Deal Summary
Date 2018-01-17
Target Cincinnati CityBeat
Sector Publishing
Buyer(s) Euclid Media Group
Sellers(s) SouthComm Communications
Deal Type Divestiture

Target

Cincinnati CityBeat

Cincinnati, Ohio, United States
Cincinnati CityBeat is a weekly magazine. CityBeat offers local arts, culture and news. CityBeat serves its clients needs via digital, print, social and experience-based marketing solutions. Cincinnati CityBeat was founded in 1994 and is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

Euclid Media Group

Cleveland, Ohio, United States
Category Company
Founded 2013
Sector Publishing
DESCRIPTION

Euclid Media Group LLC is a privately held media company focused on the multimedia production of relevant news and events for the culturally engaged consumer. Euclid Media Group reaches more than 125,000 monthly readers in print, 3.1 million monthly website users, and almost 800,000 followers across social media channels.

DEAL STATS #
Overall 6 of 7
Sector (Publishing) 6 of 7
Type (Divestiture) 1 of 2
State (Ohio) 2 of 2
Country (United States) 6 of 7
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-24 The Riverfront Times

St. Louis, Missouri, United States

The Riverfront Times is an award-winning St. Louis alternative weekly publication. Company has a weekly circulation of 50,000, reaching near 200,000 readers. Riverfronttimes.com has 2.4 million average monthly pageviews and 850,000 average monthly mobile pageviews.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-09 Creative Loafing Tampa

Tampa, Florida, United States

Creative Loafing Tampa is a publisher of an alternative weeklies. Creative Loafing Tampa is based in Tampa, Florida.

Buy -

Seller(S) 1

SELLER

SouthComm Communications

Nashville, Tennessee, United States
Category Company
Founded 2007
Sector Media
DESCRIPTION

SouthComm was formed in late 2007 to operate regional niche publications.

DEAL STATS #
Overall 4 of 5
Sector (Publishing) 2 of 3
Type (Divestiture) 4 of 5
State (Ohio) 1 of 1
Country (United States) 4 of 5
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-17 Southcomm Business Media

Fort Atkinson, Wisconsin, United States

Southcomm Business Media, Inc. (EMS World Expo) is an internationally attended EMS conference and trade show, EMS World Expo, is hosted in partnership with the National Association of Emergency Medical Technicians (NAEMT).. EMS World Expo sets the standard in EMS education, offering the training EMS professionals need to do their jobs today, with the progressive curriculum and technology that provides the solutions for tomorrow.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-09 Creative Loafing Tampa

Tampa, Florida, United States

Creative Loafing Tampa is a publisher of an alternative weeklies. Creative Loafing Tampa is based in Tampa, Florida.

Sell -
Mergr

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Company

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