M&A Deal Summary

Hearst Acquires Houston Community Newspapers & Media Group

On July 29, 2016, Hearst acquired digital media company Houston Community Newspapers & Media Group from 10/13 Communications

Acquisition Highlights
  • This is Hearst’s 3rd transaction in the Digital Media sector.
  • This is Hearst’s 19th transaction in the United States.
  • This is Hearst’s 2nd transaction in Texas.

M&A Deal Summary
Date 2016-07-29
Target Houston Community Newspapers & Media Group
Sector Digital Media
Buyer(s) Hearst
Sellers(s) 10/13 Communications
Deal Type Divestiture

Target

Houston Community Newspapers & Media Group

Conroe, Texas, United States
Houston Community Newspapers & Media Group is a media group serving more than 25 local communities surrounding Houston’s greater metropolitan area with a total weekly print distribution of more than 520,000 and a digital reach of over 4 million per month to suburban Houston’s most appealing residential and business markets.

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Buyer(S) 1

Buyer

Hearst

New York, New York, United States
Category Company
Founded 1887
Sector Media
Revenue 9.0B USD (2013)
DESCRIPTION

Hearst is a privately held American mass media and business information conglomerate founded by William Randolph Hearst in 1887. The Company operates in a wide range of industries, including publishing, broadcasting, entertainment, digital media, and real estate. Hearst owns over 360 businesses across the globe, including newspapers, magazines, television stations, cable networks, book publishers, and online media. Some of its most well-known brands include Cosmopolitan, Esquire, Harper's Bazaar, Elle, Marie Claire, Car and Driver, and Good Housekeeping. The company also owns a significant stake in ESPN and A&E Networks. Today, Hearst is one of the largest diversified media and information companies in the world. Hearst is based in New York City.

DEAL STATS #
Overall 22 of 29
Sector (Digital Media) 3 of 3
Type (Divestiture) 7 of 7
State (Texas) 2 of 2
Country (United States) 19 of 26
Year (2016) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-13 MedHOK

Tampa, Florida, United States

MedHOK, Inc. is a provider of software-as-a-service (SaaS) solutions for health plans offered by insurance companies, health systems and companies that administer drug benefits.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-26 CAMP Systems International

Ronkonkoma, New York, United States

CAMP Systems International, Inc. is a provider of software-as-a-service (“SaaS”) solutions for managing and tracking the maintenance of jets, turbo prop aircraft and helicopters used in business aviation, as well as enterprise information systems used to manage service centers.

Buy -

Seller(S) 1

SELLER

10/13 Communications

Reno, Nevada, United States
Category Company
Founded 2009
Sector Publishing
DESCRIPTION

10/13 Communications LLC is a family-owned community media company with newspapers, websites, magazines and niche specialty publications in 11 states.

DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-17 Inside Tucson Business

Tucson, Arizona, United States

Inside Tucson Business is a publisher of weekly and has total qualified circulation of nearly 5,000.

Buy -
Mergr

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