Acquisitions

One Equity Partners (OEP) and

Cox Media Group (CMG) have announced that they have entered into a definitive agreement for OEP to purchase Coxreps and Gamut.

OEP is a middle-market private equity firm with approximately $10 billion in assets under management, focused on building market-leading companies through transformative combinations within the industrial, healthcare, technology and media sectors in North America and Europe.

Cox Enterprises has acquired Axios Media Inc. and is committed to scaling and expanding Axios into more cities, covering more national topics and more premium niches for professionals. This acquisition follows a previous investment by Cox Enterprises in the fall of 2021 and is part of Cox’s ongoing goal to grow and diversify the company. Cox Enterprises Chairman and CEO

Alex Taylor is joining the Axios board. Axios co-founders Jim Vandehei, Mike Allen and Roy Schwartz will continue to hold substantial stakes in the company and will lead editorial and day-to-day business decisions. Cox Enterprises’ current media companies — The Atlanta Journalconstitution, Dayton Daily News and other Ohio newspapers — are not impacted by the deal and each will continue to operate independently.

Newly formed Sunshine Communications, a division of the Sunshine Initiative Public Benefit Corporation, owned and operated by Jay Lucas has acquired the Eagle Times (Claremont, New Hampshire) from Sample News Group. “I am very excited to return ownership of the Eagle Times back to New Hampshire,” said Lucas. In addition to the acquisition of the Eagle Times, Sunshine Communications also has taken ownership of the Newport-argus Champion and the Newport Times.