M&A Deal Summary

Euclid Media Group Acquires Creative Loafing Tampa

On April 9, 2018, Euclid Media Group acquired publishing company Creative Loafing Tampa from SouthComm Communications

Acquisition Highlights
  • This is Euclid Media Group’s 7th transaction in the Publishing sector.
  • This is Euclid Media Group’s 7th transaction in the United States.
  • This is Euclid Media Group’s 2nd transaction in Florida.

M&A Deal Summary
Date 2018-04-09
Target Creative Loafing Tampa
Sector Publishing
Buyer(s) Euclid Media Group
Sellers(s) SouthComm Communications
Deal Type Divestiture

Target

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.

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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 7 of 7
Sector (Publishing) 7 of 7
Type (Divestiture) 2 of 2
State (Florida) 2 of 2
Country (United States) 7 of 7
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-17 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.

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 5 of 5
Sector (Publishing) 3 of 3
Type (Divestiture) 5 of 5
State (Florida) 1 of 1
Country (United States) 5 of 5
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-17 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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