Nashville-based Southcomm Communications, a portfolio company of venture-capital firm Solidus Co., is in talks with Sam Hatcher's Main Street Media LLC, based in Lebanon, Tenn. While Southcomm CEO Chris Ferrell did not respond to a VentureNashville.com query in the matter, Hatcher's attorney, Charles Bone, told VNC this morning "there have been a lot of conversations and those conversations continue as late as last week..." Bone said Hatcher is continuing to explore what might make sense in a relationship with Southcomm. Main Street owns six newspapers and three magazines in Middle Tennessee, as well as several monthly publications in Florida. Southcomm owns The City Paper, Nashville Scene, NashvillePost.com, Music Row, nFocus, Her, LEO (Louisville), Medical News (several regions), and sponsored-media publisher Southcomm Publishing and closely allied Target Marketing.
Monday, March 22, 2010
Southcomm in M&A talks
Nashville-based Southcomm Communications, a portfolio company of venture-capital firm Solidus Co., is in talks with Sam Hatcher's Main Street Media LLC, based in Lebanon, Tenn. While Southcomm CEO Chris Ferrell did not respond to a VentureNashville.com query in the matter, Hatcher's attorney, Charles Bone, told VNC this morning "there have been a lot of conversations and those conversations continue as late as last week..." Bone said Hatcher is continuing to explore what might make sense in a relationship with Southcomm. Main Street owns six newspapers and three magazines in Middle Tennessee, as well as several monthly publications in Florida. Southcomm owns The City Paper, Nashville Scene, NashvillePost.com, Music Row, nFocus, Her, LEO (Louisville), Medical News (several regions), and sponsored-media publisher Southcomm Publishing and closely allied Target Marketing.
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