M&A Deal Summary

SouthComm Communications Acquires Assets /Washington City Paper/

On July 3, 2012, SouthComm Communications acquired media company Assets /Washington City Paper/ from CL Washington

Acquisition Highlights
  • This is SouthComm Communications’ 2nd transaction in the Media sector.
  • This is SouthComm Communications’ 5th transaction in the United States.
  • This is SouthComm Communications’ 1st transaction in Washington.

M&A Deal Summary

Date 2012-07-03
Target Assets /Washington City Paper/
Sector Media
Buyer(s) SouthComm Communications
Sellers(s) CL Washington
Deal Type Divestiture

Target

Assets /Washington City Paper/

Washington, Washington, United States

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Buyer(S) 1

Buyer

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 6
Sector (Media) 2 of 3
Type (Divestiture) 5 of 5
State (Washington) 1 of 1
Country (United States) 5 of 6
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-02 Creative Loafing Atlanta

Atlanta, Georgia, United States

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-19 Creative Loafing Charlotte

Charlotte, North Carolina, United States

Creative Loafing Charlotte, Inc. is a publisher of weeklies.

Sell -

Seller(S) 1

SELLER

CL Washington

Washington, District of Columbia, United States

Category Company
Sector Media
DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1