Adams Publishing Group, LLC acquires Chronotype Publishing Company
Adams Publishing Group, LLC announced today that it has purchased the assets of Chronotype Publishing Company located in Rice Lake, Wisconsin. The acquisition includes The Chronotype, Northwestern Wisconsin’s largest weekly newspaper, and The Early Bird, a weekly shopper.
Julie Bergman, Grimes, McGovern & Associates, represented Chronotype Publishing Company in the transaction.
The expansion by family-‐owned Adams Publishing Group follows the July acquisition of Huckle Media located in Southern Minnesota with 10 community newspapers, 17 websites, shopping guides, magazines, a digital agency and commercial printing facilities. Prior to that, Adams acquired three divisions of American Consolidated Media located in northern Minnesota, Wisconsin, Ohio, and Maryland with 34 print publications and related media operations.
Local newspapers in Wisconsin include the Spooner Advocate, Sawyer County Record, Ashland Daily Press, Price County Review and all related shopping guides and websites.
“It has been an emotional decision to sell the newspaper that has been owned by our family for many years,” Warren Dorrance, publisher of Chronotype Publishing Co, said. “We believe that APG will provide new ideas and resources that will help keep the Chronotype a viable newspaper going forward. Our commitment to give our readers local news and information remains unchanged. We are excited about the new partnership with APG.”
Free Business Assessment
Find out what your business is worth
We offer an initial complimentary assessment for owners of media properties. Just click on the property type and complete the confidential form to get started. We’ll contact you within 24 hours to review.
Businesses for Sale
View our lists of publishing, global events, technology, digital media, and information services business currently for sale.
Free Publishing or Subscription, Events, Technology & Digital Media News
Stay abreast of the latest trends in the M&A industry. Read interesting case studies. Track deals throughout the country. Pick up hints from experts and much more.