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GateHouse Media buys assets of SC Business Publications

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SC Business Publications LLC has sold its operating assets today to NWS Co. LLC, a wholly owned subsidiary of GateHouse Media Management Services Inc.

SC Business Publications operates under the brands SC Biz News, Charleston Regional Business Journal, Columbia Regional Business Journal, GSA Business Report, SCBIZ and other affiliated titles. NWS Co. LLC will operate under BridgeTower Media, the business-to-business division of GateHouse Media.

GateHouse is held by New Media Investment Group, a publicly traded company on the New York Stock Exchange under the ticker symbol NEWM.

BridgeTower serves more than 20 markets across the U.S. with publications and products in business, politics, construction and real estate, and law. BridgeTower also owns Best Companies Group, which administers the Best Places to Work programs across the nation. 

BridgeTower plans to leave all of the operating brands the same and has expressed no plans to change the employee base.

Grady Johnson will continue in his role as president and group publisher of S.C. operations.

“We look forward to being part of this growing organization and are excited about the opportunities to leverage the assets and products under the BridgeTower division to super-serve our statewide audience,” Johnson said.

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