McClatchy and accelerate360 Merge to Form McClatchy Media Company
December 13, 2024
McClatchy has completed a merger with accelerate360 to form the McClatchy Media Company (MMC), combining McClatchy's local journalism with a360media's lifestyle content and accelerate360's retail distribution and logistics network. Chatham Asset Management is the majority owner of the new company, which will operate a unified digital publishing and retail distribution platform reaching roughly 100 million unique visitors and access to over 56,000 retail locations.
- Buyers
- McClatchy, accelerate360, Chatham Asset Management
- Targets
- accelerate360, a360media
- Industry
- Media & Entertainment
- Location
- Georgia, United States
- Transaction Type
- Buyout
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