American Hometown Publishing expands to North Carolina, acquires Lake Norman Publications
Oct 2, 2017
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NASHVILLE, Tenn., Oct. 2, 2017 /PRNewswire/ -- American Hometown Publishing Inc., a growing local media company, announced today it has acquired Lake Norman Publications in North Carolina from Newsman LLC. Based in Davidson, N.C., Lake Norman Publications consists of three weekly newspapers, two monthly publications, and a website covering the region. The acquisition marks AHP's expansion into its fifth state with media ownership. "Lake Norman is surrounded by some of the fastest-growing communities in North Carolina," said Brad Dennison, CEO of AHP. "Residents there are passionate about where they live and we look forward to matching that passion in our news coverage and service to advertisers." In addition to North Carolina, AHP owns and operates community newspapers, websites and magazines in Virginia, Tennessee, Florida and Oklahoma. AHP also operates its proprietary digital marketing services platform, Hometown Digital Solutions, which launched in 2016. "AHP is a forward-thinking company with a clear commitment to journalism, community and employees," said Newsman CEO Craig Moon. "It's the ideal new home for our media group." Lake Norman Publications is AHP's first acquisition since it was acquired by West End Holdings LLC in July 2017. About American Hometown Publishing Inc. Formed in 2005, AHP is an independent media company that operates newspapers, websites and magazines in Florida, North Carolina, Tennessee, Virginia and Oklahoma. For more information, please visit www.americanhometownpublishing.com
About West End Holdings LLC
West End Holdings LLC is a special-situation private equity firm focused on acquiring non-strategic assets that are under-nourished from either a capital or leadership perspective. WEH solves problems for business owners by acquiring their under-performing assets, enabling them to re-focus their limited management attention and financial resources on their more profitable businesses. For more information, please visit www.westendholdings.com . View original content with multimedia: http://www.prnewswire.com/news-releases/american-hometown-publishing-expands-to-north-carolina-acquires-lake-norman-publications-300528399.html
SOURCE American Hometown Publishing Inc.