M&A Deal Summary

SouthComm Communications Acquires Creative Loafing Atlanta

On July 2, 2012, SouthComm Communications acquired media company Creative Loafing Atlanta from Creative Loafing

Acquisition Highlights
  • This is SouthComm Communications’ 1st transaction in the Media sector.
  • This is SouthComm Communications’ 4th transaction in the United States.
  • This is SouthComm Communications’ 1st transaction in Georgia.

M&A Deal Summary
Date 2012-07-02
Target Creative Loafing Atlanta
Sector Media
Buyer(s) SouthComm Communications
Sellers(s) Creative Loafing
Deal Type Divestiture

Target

Creative Loafing Atlanta

Atlanta, Georgia, 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 4 of 6
Sector (Media) 1 of 3
Type (Divestiture) 4 of 5
State (Georgia) 1 of 1
Country (United States) 4 of 6
Year (2012) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-05 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-03 Assets /Washington City Paper/

Washington, Washington, United States

Buy -

Seller(S) 1

SELLER

Creative Loafing

Tampa, Florida, United States
Category Company
Founded 1972
Sector Media
DESCRIPTION

Creative Loafing, Inc. is a multimedia co.

DEAL STATS #
Overall 3 of 3
Sector (Media) 1 of 1
Type (Divestiture) 3 of 3
State (Georgia) 1 of 1
Country (United States) 3 of 3
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-10 Creative Loafing Charlotte

Charlotte, North Carolina, United States

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

Sell -
Mergr

Product

Company

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