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Article: HM Capital's Bolt-On Buy.(News)
- Article from:
- Mergers & Acquisitions Report
- Article date:
- August 17, 2009
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Avram Davis
Canpages Inc., a Vancouver, Canada-headquartered platform company of HM Capital Partners, acquired PhoneGuide, a print and online directories unit of Stafford, Texas-based ypOne Publishing.
The PhoneGuide unit of ypOne Publishing focuses on businesses and companies based in Ontario, Canada. The company hopes the transaction will strengthen search capabilities in specialized and local markets.
The bolt-on acquisition follows on the back of a series of previous investments that HM Capital - formerly known as Hicks, Muse, Tate & Furst - made into the publishing space. Earlier this year, the firm acquired two other local ...
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