BridgeTower Media Acquires SC Biz News

7/5/17

CHARLESTON, S.C.--(BUSINESS WIRE)--BridgeTower Media, a leading provider of local and regional business information, events and marketing services, today announced the acquisition of South Carolina Business Publications, better known as SC Biz News. SC Biz is the primary source of business information for South Carolina, publishing titles in Charleston, Columbia and Greenville.

The transaction, which closed on June 30, is BridgeTower’s fourth acquisition over the past 14 months. “The purchase of SC Biz News strengthens our commitment to local business coverage while expanding our database of small and medium-sized business customers,” said Adam Reinebach, President & CEO of BridgeTower. “We’re excited to be in a region poised for continued economic growth, as evidenced by last week’s commitments from Samsung and BMW to add jobs in South Carolina.”

SC Biz News focuses on the three major metro areas of the state: the Lowcountry (Charleston Regional Business Journal), the Midlands (Columbia Regional Business Report) and the Upstate (GSA Business Report). SC Biz also publishes a quarterly magazine covering the entire state, hosts several events and runs a thriving custom publishing division.

“"We look forward to partnering with BridgeTower and are excited about the opportunities to leverage their resources and digital marketing platform to super-serve our audience,” said Grady Johnson, who will continue as President and Group Publisher of SC Biz News. Johnson will report to Executive Vice President Hal Cohen, who runs the Business Group for BridgeTower.

About BridgeTower Media

BridgeTower Media is a leading provider of business information, events and marketing services for the legal, financial, construction and government sectors in more than 25 local and regional markets across the United States. In addition to providing subscribers with content relevant to their daily professional activities, BridgeTower has a research unit focused on employee satisfaction, lead generation services and live events centered on awards and education. For more information regarding BridgeTower Media, please visit www.bridgetowermedia.com.

About GateHouse Media, LLC

GateHouse Media, headquartered in Pittsford, New York, is a wholly owned subsidiary of New Media Investment Group Inc., which is focused primarily on investing in a high quality, diversified portfolio of local media assets and on growing existing advertising and digital marketing and businesses services. GateHouse Media is one of the largest publishers of locally based print and online media in the United States as measured by our 130 daily publications. The Company operates in over 535 markets across 36 states. GateHouse Media’s portfolio of products include over 600 community publications and over 555 websites, serve more than 225,000 businesses, and reach over 23 million people on a weekly basis. For more information regarding GateHouse Media, please visit www.gatehousemedia.com.

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