M&A Deal Summary

Gannett Acquires Monroe Publishing Co.

On September 24, 2015, Gannett acquired media company Monroe Publishing Co. for 5M USD

Acquisition Highlights
  • This is Gannett’s 6th transaction in the Media sector.
  • This is Gannett’s 11th largest (disclosed) transaction.
  • This is Gannett’s 7th transaction in the United States.
  • This is Gannett’s 1st transaction in Michigan.

M&A Deal Summary

Date 2015-09-24
Target Monroe Publishing Co.
Sector Media
Buyer(s) Gannett
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

Monroe Publishing Co.

Monroe, Michigan, United States
Monroe Publishing Co. is a media company.

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Buyer(S) 1

Buyer

Gannett

McLean, Virginia, United States

Category Company
Founded 1997
Sector Publishing
Employees12,800
Revenue 2.5B USD (2024)
DESCRIPTION

Gannett is a subscription-led and digitally focused media and marketing solutions company committed to empowering communities to thrive. The company's portfolio includes USA TODAY, local media organizations in 46 states in the U.S., and Newsquest, a wholly-owned subsidiary with over 120 local media brands operating in the United Kingdom. It also owns the digital marketing services companies ReachLocal, Inc., UpCurve, Inc., and WordStream, Inc., and runs the largest media-owned events business in the U.S., USA TODAY NETWORK Ventures. Gannett was founded in 1997 and is based in McLean, Virginia.


DEAL STATS #
Overall 7 of 16
Sector: Media M&A 6 of 7
Type: Add-on Acquisition M&A Deals 5 of 10
State: Michigan M&A 1 of 1
Country: United States M&A 7 of 16
Year: 2015 M&A 4 of 4
Size (of disclosed) 11 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-03 Dispatch Printing - Publishing Assets

United States

Dispatch Printing - Publishing Assets includes the sale of The Columbus Dispatch, and the Company's other print publications including Columbus Monthly, Crave, Capital Style, Columbus CEO and ThisWeek Community Newspapers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-04 Dolan - Business Information Division

United States

Dolan - Business Information Division is a publisher of specific industry news.

Buy $35M