M&A Deal Summary

Euclid Media Group Acquires Detroit Metro Times

On December 23, 2013, Euclid Media Group acquired publishing company Detroit Metro Times

Acquisition Highlights
  • This is Euclid Media Group’s 4th transaction in the Publishing sector.
  • This is Euclid Media Group’s 4th transaction in the United States.
  • This is Euclid Media Group’s 1st transaction in Michigan.

M&A Deal Summary
Date 2013-12-23
Target Detroit Metro Times
Sector Publishing
Buyer(s) Euclid Media Group
Deal Type Add-on Acquisition

Target

Detroit Metro Times

Ferndale, Michigan, United States
For more than 30 years Metro Times has been Detroit’s premiere alternative source for news, arts, culture, music, film, food, fashion and more.

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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 4 of 7
Sector (Publishing) 4 of 7
Type (Add-on Acquisition) 4 of 5
State (Michigan) 1 of 1
Country (United States) 4 of 7
Year (2013) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-23 San Antonio Current

San Antonio, Texas, United States

San Antonio Current, Inc. has served as the city’s only award-winning multimedia source of alternative news, events and culture since 1986. The Current provides readers with incisive investigations, thought-provoking commentary and compelling coverage of the city’s cultural landscape.

Buy -
FOLLOWING 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.

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