Brown Publishing Company
Brown Publishing was a publishing company that operated numerous small newspapers, circulars, commercial print services and related products through several print facilities.
Business Description
Brown Publishing was a publishing company that operated numerous small newspapers, circulars, commercial print services and related products through several print facilities. The company’s markets consisted, primarily, of rural and suburban geographies. In addition to serving as the paper of record for most of the counties in which it operated, the company also published total market coverage products that are distributed free to each household in many of its markets. In total, Brown Publishing’s products reached over 1.6 million people and 680,000 households in 24 counties in Ohio.
Background
The investment in Brown Publishing provided growth capital for the acquisition of other newspaper operations in contiguous geographic markets.
Outcome
Nicolet Capital’s President was actively involved with Brown Publishing’s board of directors for several years. Shortly thereafter, in 2006, a recapitalization transaction was consummated resulting in a successful full realization of the investment in the company
