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Town Square Publications LLC acquires rival Village Profile

Paddock’s Town Square Publications acquires rival Village Profile

Town Square Publications

Paddock’s Town Square Publications LLC  acquired one of its primary competitors, Elgin IL based Village Profile, in a deal that was announced shortly after the closing Friday to the staff of Paddock Publications, which owns Town Square.

Paddock Publications, which also owns the Daily Herald, created its Town Square Publications subsidiary after entering the chamber of commerce specialty publications business four years ago. In those years, Village Profile had been Town Square’s chief competitor in publishing chamber community guides and other chamber print and digital publications.

“The Village Profile acquisition is in keeping with the strategic plan to grow Paddock’s business in new and different ways,” said Douglas K. Ray, chairman, CEO, president and publisher. “The decision to expand into the non-daily newspaper business has proved to be an excellent one, as the company’s niche divisions are contributing nicely to the overall revenue and profitability of Paddock Publications.”

Initially focused exclusively on the suburbs, Town Square Publications has expanded more recently into Chicago, Wisconsin, the upper Midwest and California. Currently, it has contracts with 50 chambers of commerce.

“The acquisition accelerates our growth in this area,” Ray said in a memo to Paddock’s staff, “and establishes a nationwide footprint.”

Village Profile provides more than 100 added relationships with chambers across the country, said Scott Stone, president of Town Square and Paddock’s chief operating officer.

“The synergies and Village Profile relationships will serve us well as we move into this nontraditional marketing area,” Stone said.

Paddock’s Town Square Publications acquires rival Village Profile

Town Square Publication’s commitment to you is this––we will listen, help craft the right advertising and marketing program for you, and deliver the highest-quality products on time as promised.

Again, our goal is to be a partner and a trusted source for your marketing needs. Town Square’s record is unblemished and our relationships are strong and lasting. A subsidiary of one of the largest family-owned newspaper media groups in the United States, Town Square is committed not only to meet your requirements, but to exceed them. Our current chamber partners are our best testimonials, and we can put you in contact with any of them.

While we have not met many of you personally, we hope to do that in the future. In the meantime, if you would like to discuss a current, past, or proposed project, please feel free to contact us on our website contact page.