Media Central Acquires Vancouver's The Georgia Straight

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.

BridgeTower Media Acquires Virginia Business

August 1, 2024

Media & Entertainment

BridgeTower Media, a Transom Capital Group portfolio company, has acquired Virginia Business, the state’s only comprehensive business publication. The acquisition expands BridgeTower’s B2B media footprint and aims to accelerate Virginia Business’s growth by leveraging BridgeTower’s digital, marketing and events platform to better serve readers and advertisers across the Commonwealth.

Flipp Acquires MEDIA Central Group to Create Global Leader in Drive-to-Store Marketing

September 19, 2024

Marketing & Advertising

Flipp Operations Inc. has completed a transaction to combine with MEDIA Central Group, creating a global leader in drive-to-store marketing that will serve thousands of retailers and brands across 27 markets and reach over 400 million households. The new ownership is led by Truelink Capital with Insight Ventures, Bregal Unternehmerkapital and Highland Europe as key partners; funds advised by Bregal Unternehmerkapital sold their majority stake in MEDIA Central.

Media Central Corporation Announces LOI to Acquire Lazarus Bleau Incorporated

December 10, 2020

Media & Entertainment

Media Central Corporation Inc. has entered into a letter of intent to acquire media and marketing services firm Lazarus Bleau Incorporated for total consideration of $2.0 million, paid via the issuance of 200 million Media Central common shares. The acquisition will add two publications (Horizon Travel & Lifestyle Magazine and On The GO), expand Media Central’s monthly audience to more than 7.2 million readers, and names Lazarus Bleau executive Larry Bleau as Media Central’s new CEO.

Smooth Media Acquires Energy Central

September 11, 2024

Media & Entertainment

Smooth Media, a niche business media company, has acquired Energy Central, a community platform and media publisher serving the electric power industry. Energy Central — founded in 1995 and with more than 200,000 community members — was represented by Grimes, McGovern & Associates in the transaction as Smooth Media expands its portfolio into the energy vertical.

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.