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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.

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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 M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 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 M&A 1 of 3
Type: Divestiture M&A Deals 1 of 5
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2014 M&A 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 -
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