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Pennysaver Group acquired by SV Investment Partners

Published on .

New York—Private equity firm SV Investments Partners said Tuesday it has acquired Pennysaver Group, which publishes ad-supported, direct mail shoppers in the Baltimore-Washington, D.C., metropolitan area. The deal was made in partnership with new management. Financial terms were not disclosed. Pennysaver publishers 66 weekly editions, delivered to 1.1 million households and businesses in Maryland, in addition to online offerings. Media investment bank Jordan, Edmiston handled the transaction.
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