Postmedia Network Acquires Accelerate360 Canada

McClatchy and accelerate360 Merge to Form McClatchy Media Company

December 13, 2024

Media & Entertainment

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.

Postmedia Agrees to Acquire Certain Businesses and Assets of Saltwire

July 26, 2024

Media & Entertainment

Postmedia Network Inc. has entered into an agreement to acquire certain businesses and assets of Saltwire Network Inc. and The Halifax Herald Limited as Saltwire pursues restructuring under Canada’s CCAA. The transaction is intended to preserve local journalism in Atlantic Canada and provide Postmedia with back-office resources and operational infrastructure to support the regional network, subject to union agreements, stakeholder approvals and court approval.

Postmedia Acquires Brunswick News Inc.

February 17, 2022

Media & Entertainment

Postmedia Network Canada Corp. has completed the acquisition of all issued and outstanding shares of Brunswick News Inc. from J. D. Irving, Limited, adding BNI's daily and weekly newspapers, digital properties and its parcel delivery business to Postmedia's portfolio. The transaction was valued at $7.5 million in cash plus $8.6 million in variable voting shares of Postmedia, and Postmedia says the acquisition expands its national news footprint and parcel delivery capabilities across Canada.

GovExec Acquires 1105 Media Inc.'s Public Sector 360 Group

August 31, 2021

Government & Public Sector

GovExec has acquired the Public Sector 360 Group, a carve-out from 1105 Media Inc., to expand its information, events, lead generation and subscription capabilities in the government technology market. The transaction was completed with financial support from Growth Catalyst Partners; terms were not disclosed.

48forty Solutions Acquires Prime360

May 26, 2021

Transportation

48forty Solutions, a portfolio company of Audax Private Equity, has acquired Prime360, a Schaumburg, Illinois-based provider of pallet management and brokerage services. The add-on expands 48forty’s national pallet management and logistics capabilities, combining Prime360’s retail-focused services and brokerage relationships with 48forty’s existing network to grow their service offering and footprint.

Velocity Acquires Impax Media, Inc.

October 15, 2020

Media & Entertainment

Velocity, a managed services company based in Holland, Ohio, has acquired Impax Media, Inc., a provider of in-store digital signage advertising that operates a checkout-area network across 49 grocery stores in the New York City area. The acquisition expands Velocity’s media solutions portfolio into the grocery/retail media market and positions it to sell Impax’s ad inventory through a partnership with Screenvision Media.