M&A Deal Summary

Womack Newspapers Acquires Creative Loafing Charlotte

On August 19, 2014, Womack Newspapers acquired publishing company Creative Loafing Charlotte from SouthComm Communications

Acquisition Highlights
  • This is Womack Newspapers’ 1st transaction in the Publishing sector.
  • This is Womack Newspapers’ 1st transaction in the United States.
  • This is Womack Newspapers’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2014-08-19
Target Creative Loafing Charlotte
Sector Publishing
Buyer(s) Womack Newspapers
Sellers(s) SouthComm Communications
Deal Type Divestiture

Target

Creative Loafing Charlotte

Charlotte, North Carolina, United States
Creative Loafing Charlotte, Inc. is a publisher of weeklies.

Search 200,197 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Womack Newspapers

Jamestown, North Carolina, United States
Category Company
Sector Publishing
DESCRIPTION

Womack Newspapers, Inc. is a publisher of news papers in US.

DEAL STATS #
Overall 1 of 1
Sector (Publishing) 1 of 1
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1

Seller(S) 1

SELLER

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 1 of 5
Sector (Publishing) 1 of 3
Type (Divestiture) 1 of 5
State (North Carolina) 1 of 1
Country (United States) 1 of 5
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-03 Assets /Washington City Paper/

Washington, Washington, United States

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-30 Cygnus Business Media

Fort Atkinson, Wisconsin, United States

Cygnus Business Media, Inc. is a provider of publications, website portals and trade shows.

Buy -
Mergr

Product

Company

Legal