Lion Equity Partners has sold NewPoint Media Group, LLC to Pez Gallo Holdings, LLC
NewPoint Media Group, LLC, a portfolio company of Lion Equity Partners, has been sold to Pez Gallo Holdings, LLC, a capital services company. Financial details have not been disclosed.
NewPoint Media is a real estate information and marketing services provider operating throughout the US and parts of Canada. The company is one of the largest publishers of localized real estate and home shelter magazines in the US. NewPoint Media’s properties include the leading real estate brands Homes & Land, The Real Estate Book, Estates & Homes, New Home Guide, and Senior Living Choices. Each delivers targeted print media products complemented by a range of digital tools which reach and engage local consumer audiences across North America. Collectively, the brands address the entire homes-for-sale market, from new construction, to mid-priced homes as well as high-end, luxury listings.The company’s nationwide distribution and exclusive focus on real estate listings attracts millions of monthly readers that are engaged and ready to transact, creating a highly targeted environment to deliver cost-effective brand visibility and marketing solutions for real estate brokers, agents and other businesses tied to the local real estate community.
One of Oaklins' TMT specialists in New York acted as the exclusive financial advisor to the seller in this transaction.
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