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South Florida Newspaper Network

South Florida Newspaper Network was incorporated into the Tribune Company. At the time of its exit, it was Florida's largest publisher of weekly community papers, serving over 32 towns and cities in Broward, Dade, Palm Beach, Martin and St. Lucie counties.

Exit Summary: 3.8x gross cash-on-cash; 57% gross IRR

Acquired:
October 1995
Exited:
September 1998
Industry:
,
Region:
North America
Location:
Deerfield Beach, Florida
Fund:
Riverside Capital Appreciation Fund ( 95 )
Add-on Acquisitions:

Community News & Printing of Broward Cty, Florida (November 1995)

Gulfshore Communications of Naples, Florida (March 1996)

AAA Today of Greenfield, Ohio (November 1996)