WAV Group congratulates our friend Scott Dixon and his colleague Stewart Christian for purchasing The Real Estate Book and affiliated publications. Scott and WAV Group partner Victor Lund have been friends for years. Lund has always admired Dixon’s vision for the role that highly targeted and well produced print publications play in real estate. “Certainly, The Real Estate Book has done a great job working with their national footprint of publications. We are excited to see the next chapter of the company development under its new ownership,” says Lund. The new company name is NewPoint Media Group.
Here is the press release
NewPoint Media Group, LLC ™ Completes Purchase from Network Communications, Inc.
Two NCI Management Executives and Lion Equity Partners Form NewPoint Media Group And Purchase The Real Estate Book, Mature Living Choices, Senior Living Choices, New Home Finder, New Homes & Ideas, New Homes Journal Brands and publication printing division and facilities.
LAWRENCEVILLE, GA, June 29, 2012 –NewPoint Media Group, LLC has completed the purchase of business assets from Network Communications, Inc. (NCI), including all print and digital assets; and trademarks of long standing real estate brands, The Real Estate Book, Mature Living Choices, Senior Living Choices, New Home Finder, New Homes & Ideas, New Homes Journal brands along with NCI’s publication printing division and facilities. Scott Dixon and Stuart Christian, both longtime management executives of NCI partnered with Lion Equity Partners to form NewPoint Media Group, to complete the purchase.
NCI retains the assets associated with Apartment Finder, Unique Homes, ByDesign Publishing, along with home design titles and Digital Sherpa division. NCI and NewPoint will continue to have an ongoing business relationship. NCI will provide distribution services to NewPoint while NewPoint provides printing services to NCI.
“We are all pleased with the outcome of this transaction,” NewPoint Chief Executive Officer, Scott Dixon said. “Our President and Chief Operations Officer, Stuart Christian and I have both been associated with these brands and this business for years and are excited about the opportunity to continue to grow. Our visions of future opportunities aligned well with Lion Equity’s vision so our direction and path for NewPoint Media Group is clearly defined. It’s an exciting time for all of us.”
In addition to the aforementioned titles, NewPoint purchased NCI’s state of the art printing facility and publications print division. “Through the years, this division has become experts in niche publication printing and in providing the associated digital assets, such as mobile apps and digital magazines,” Christian added. “We specialize in producing quality publications consistently with quick turnaround. We provide these services for a variety of industries now and will continue to expand that business.”
NewPoint Media Group added David Brazeal to serve as Chief Financial Officer and retained top management associated with the brands and facility purchased. David has served as the Chief Financial Officer of investor backed companies in a variety of industries including distribution, manufacturing and business services. He began his career at KPMG and is a Certified Public Accountant. Susan Quinn Deese will service as Senior Vice President and General Counsel.
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About NewPoint Media Group
NewPoint Media Group, LLC ™ specializes in targeted media solutions that include both print and digital distribution to create integrated advertising and marketing services that amplify overall effectiveness and results. Leading brands include The Real Estate Book, Mature Living Choices, Senior Living Choices, New Home Finder, New Homes & Ideas, and New Homes Journal. In addition, the Company’s Publications Print Division provides these services to a variety of industries. The Company specializes in integrating print and digital media to effectively reach and engage a targeted consumer audience through local print distribution, web, mobile, direct mail, and social outlets. For more information, visit NewPointMediaGroup.com.
Contacts:
Scott Dixon, CEO
NewPoint Media Group, 770-962-7220 ext. 24214, sdixon@NewPointMediaGroup.com
Rebecca Chandler, VP, Marketing
NewPointMedia Group , 770-962-7220 ext. 24672,rchandler@NewPointMediaGroup.com
