Ripon (WI) Commonwealth Press sold to Delta Media Group
After 57 years the Ripon Commonwealth Press and Express in Ripon, Wisconsin, has new owners at the helm. Effective Jan. 1 the Lyke family sold the award-winning newspaper and shopper to Delta Media Group based in Kiel. The company owns a digital marketing agency and several newspapers.
“The Ripon area will be well served by Delta’s belief in quality journalism, as evidenced by its stellar publications and cutting-edge approach to digital strategy and media solutions,” said Tim Lyke, publisher.
Julie Bergman of Grimes, McGovern & Associates represented the Lyke family in the transaction.
Delta Media Group is an affiliate of the O’Rourke Media Group, a family-owned, Chicago-based company that currently owns and operates community newspapers, associated digital products and a marketing agency in northwestern Vermont.
Joe Mathes, currently general manager and a partner at Delta Media Group, will assume added responsibility for managing the Ripon business.
The Lyke family also owned Ripon Printers, which was acquired in a separate transaction by Walsworth, an 82-year-old, family-owned commercial printer and major publisher of yearbooks based in Marceline, Mo.
Between the two acquisitions, nearly all existing employees are expected to be retained, meeting one of the goals set by the Lyke family.
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.