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ImpreMedia Enters Florida Market With Purchase of ‘La Prensa,’ Central Florida’s Leading Spanish Language Newspaper

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“ImpreMedia, LLC, the nation’s leading publisher of Spanish language newspapers, announced today the acquisition of “La Prensa,” Central Florida’s leading Spanish language newspaper. The acquisition was made with proceeds of an $82.5 million credit facility with Goldman Sachs Specialty Lending Group, L.P. This is the fifth company acquired by ImpreMedia, following only one month after its acquisition of “El Mensajero” in the San Francisco Bay area. Unmatched U.S. advertising footprint. “We are pleased to add “La Prensa” to our company,” stated John Paton, Chairman and CEO of ImpreMedia. “By adding the Orlando and Tampa reach of “La Prensa,” we now offer seven first-class publications in six vibrant markets. We can continue to provide national advertisers with an unmatched Spanish language newspaper footprint in top U.S. markets that are home to over 16 million Hispanics — 37% of the U.S. Hispanic population.”…”

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Posted on: January 31st, 2006
Curation from Tomás
Filed Under: 1. Hispanic News, Media, Press Releases
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