“This combination plays to both our companies’ strengths,” said Keith Somers, President and CEO of ACI corporate. “It helps ACI to broaden our offerings and enhance services in the region, while it provides Viking with our state-of-the-art technology, systems and support.”
The new company will provide distribution services to major daily newspaper publishers in the region, including the Atlanta Journal-Constitution, The Palm Beach Post and the South Florida Sun-Sentinel. Somers added that the company plans to expand into other markets within the southeastern states.
“We are excited about the new company, our direction and our regional focus. Publishers today are looking for answers to their distribution challenges – we are equipped and ready to provide creative solutions,” said Barry Berg, Co-Owner and General Manager of ACI Southeast.
To complete the transaction, ACI enlisted Andrew Apfelberg, a highly regarded corporate and M&A attorney representing middle-market companies throughout the country, of the firm of Greenberg Glusker. Apfelberg also serves as ACI’s outside general counsel. Viking Distribution was represented by Gerald R. Pumphrey, PA, of Jupiter, Florida.
ACI, headquartered in Long Beach, CA, and founded in 1965, is the nation’s leading provider of multi-channel distribution services. ACI is the only company that offers publishers a full selection of delivery services, including paid home delivery, single-copy, TMC/niche distribution, Sunday Select targeted delivery and their trademarked “Do No Harm” launch strategy.