Holland & Knight Represents Street Media in Acquisition of Media and Marketing Operations in Texas and North Carolina
ORANGE COUNTY, CA (July 15, 2022) – Holland & Knight advised Street Media LLC in its acquisition of the media and marketing operations of McElvy Partners. Terms of the transaction were not disclosed.
McElvy's media and marketing divisions include community newspapers, shoppers, digital services, commercial printing and events with operations in Houston and Dallas, as well as Charlotte, North Carolina.
The acquired operations include The Greensheet, a free shopper distributed across Houston and Dallas; two community newspapers outside of Houston, The Leader and the Fort Bend Star; and The Weekly, a group of community weeklies serving upscale neighborhoods south of Charlotte. The Texas group also publishes the monthly Fort Bend Business Journal magazine.
In addition, the company operates Core Digital Brands, a digital service division; Texas Printers, a commercial printing division; and McElvy Partner Events, which produces annual events that include Senior Expos, Women at Work Luncheons, Best Of Award Ceremonies, Top 50 Women Galas and Small Business Expos.
Street Media is the parent company of the Village Voice, LA Weekly, Irvine Weekly and the Bay Area Marina Times.
Holland & Knight Partners Bryan Gadol and Wendy Kottmeier led the firm's representation of Street Media. They were assisted by Associate Jose Manalo Jr.