Telluride Daily Planet to Join Family-Owned Media Portfolio; Closing Anticipated September 2025

FORT MYERS (Aug. 18, 2025) – Hoffmann Family of Companies and Hoffmann Media Group are pleased to announce a pending agreement to acquire the Telluride Daily Planet, its sister publication The Norwood Post, and lifestyle titles Telluride Style and Shelter Magazine. The transaction is expected to close on September 12, 2025. Terms of the agreement have not been disclosed.

Originally founded in 1898 as the Telluride Times, the Telluride Daily Planet has long been the trusted source of local news for residents and visitors of Telluride, Colorado, and the surrounding San Miguel County. Renowned for its in-depth community reporting, coverage of local government, and dedication to preserving the unique voice and culture of the mountain town, the publication holds a special place in the region’s media landscape.

“We are honored to carry forward the legacy of the Telluride Daily Planet and support the talented team of journalists who bring Telluride’s stories to life,” said J. Pason Gaddis, CEO of Hoffmann Media Group. “Telluride is a vibrant, world-class community, and we believe strong local journalism is essential to keeping it informed, connected, and resilient.”

“This acquisition reflects our continued commitment to the newspaper industry and our belief in the vital role of independent journalism in communities across the country,” added David Hoffmann, Chairman of Hoffmann Family of Companies.

Following the closing, the Telluride Daily Planet will return to its historic name, Telluride Times, and will continue to operate under its existing local leadership. Hoffmann Media Group plans to invest in enhanced digital capabilities and expanded local coverage, ensuring the publication remains a trusted source of news for generations to come.

This announcement follows Hoffmann Media Group’s June acquisition of Missourian Publishing Co., owner of The Missourian Media Group, a respected family-owned media organization based in Washington, Missouri.

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About Hoffmann Media Group: Hoffmann Media Group—part of Hoffmann Family of Companies—is a dynamic and innovative media company committed to delivering high-quality journalism and content. With a strong focus on community engagement, the group operates a diverse portfolio of publications and media platforms, connecting audiences through trusted reporting and meaningful storytelling. Hoffmann Media Group publishes variety of publications, including The Napa Valley Register, St. Helena Star, Florida Weekly, Babcock Ranch Telegraph, Ave Maria Sun, Town Chronicle, St. Ignace News, Mackinac Island Town Crier, Florida Health Care News, and iFoundMyDoctor.com. These publications span over 30 markets and focus on delivering high-quality local news and content.

About Hoffmann Family of Companies: Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 120 global brands and employs 17,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Agriculture, Aviation & Transportation, Financial & Professional Services, Hospitality & Entertainment, Manufacturing, Marine, Media & Marketing and Real Estate. For more information, visit HFCompanies.com.

For More Information: [email protected]

Strategic Partnership Aims to Expand Elmer’s Year-Round Offerings, Accelerate Growth

NEW ORLEANS (Aug. 5, 2025) – Hoffmann Family of Companies (“HF Companies”), a U.S.-based family equity firm with a long-term investment philosophy, has acquired Elmer Chocolate (“Elmer”), one of the nation’s leading seasonal chocolatiers and the largest manufacturer of small heart-shaped chocolate boxes in the United States.

“We’re honored to partner with the Nelson family and build on Elmer Chocolate’s remarkable legacy,” said Geoff Hoffmann, Co-CEO of HF Companies. “Rob and Michael [Nelson] are exceptional leaders, and their commitment to quality and tradition aligns perfectly with our values. Elmer is a storied brand with tremendous potential, and we’re excited to help shape its next chapter of growth and innovation.”

Terms of the deal were not disclosed, but Elmer will continue under the leadership of third-generation family members Rob and Michael Nelson, who will retain partial ownership and remain actively involved in the company’s future and leadership.

“This partnership marks a pivotal milestone for Elmer Chocolate as we embark on an exciting new chapter of growth and innovation,” said Rob Nelson, President & CEO. “By expanding operations and broadening our portfolio beyond seasonal confections, we’re positioning the company for year-round customer engagement—while remaining true to the heritage and craftsmanship that have defined our brand for 170 years. Most importantly, our current product line will remain unchanged, continuing to deliver the quality and flavor our consumers know and love.”

“At Elmer, our culture has always been rooted in people—our employees, our customers, and our community,” said Michael Nelson, President & Chief Operating Officer. “That shared focus was a key driver in choosing a partner with a long-term vision and genuine respect for family-owned businesses. We’re confident this collaboration will empower our team and help us advance our mission in meaningful ways. To our loyal customers: your Elmer teams aren’t going anywhere—we’ll continue to work closely with you on the exciting opportunities ahead.”

Elmer Chocolate’s story began in 1855 with New Orleans pastry chef Christopher Henry Miller. The business later evolved into Elmer Candy Corporation when Miller’s son-in-law, Augustus Elmer, and his descendants joined the enterprise. In the 1960s, Roy Nelson acquired the company’s confectionery arm, steering it toward seasonal chocolates. By 1970, he and his son Allan had consolidated manufacturing in Ponchatoula, Louisiana—laying the groundwork for Elmer’s rise as a national confectionery leader.

In 2016, Elmer further solidified its market presence by expanding its production facility by 70,000 square feet, bringing the total footprint to more than 400,000 square feet. The expansion positioned Elmer Chocolate as the most technologically advanced assorted chocolate manufacturer and packer in the industry.

With a rich legacy and iconic product lineup, Elmer has become a staple in American celebrations. Elmer has earned national recognition for their Celebrate with Chocolate Valentine’s Day assorted chocolate hearts with more than 40 million sold annually across North America. Gold Brick Eggs and Heavenly Hash Eggs are the iconic Easter candy brands in the New Orleans market that have been present at Easter celebrations for over a century. 

The deal team was led by Clayton Jones, EVP of Business Development and advised by Berger Cohen & Brandt (Legal) and FORVIS (Diligence). Elmer was advised by NextGen Capital Markets (M&A).

To learn more about Elmer Chocolate’s timeless treats and future innovations, visit www.elmerchocolate.com. For updates from Hoffmann Family of Companies, visit www.hfcompanies.com.

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About Hoffmann Family of Companies

Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 120 global brands and employs 17,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Agriculture, Aviation & Transportation, Financial & Professional Services, Hospitality & Entertainment, Manufacturing, Marine, Media & Marketing and Real Estate. For more information, visit HFCompanies.com.

For More Information: Rachel Berkowitz | [email protected]

Strategic acquisition strengthens Hoffmann’s event services portfolio and expands presence in the Southeast

ATLANTA (July 29, 2025) – Hoffmann Family of Companies (“HF Companies”), a U.S.-based family equity firm, is proud to announce the acquisition of Atlanta Party Rentals, a respected, family-run business renowned for its premium event rental services—from elegant seating and tents to staging and décor.

Founded in 2018, Atlanta Party Rentals has built a strong reputation for delivering high-quality rental solutions for events of all sizes. Whether it’s a wedding, corporate function, private celebration, or large-scale production, the company offers a comprehensive inventory and exceptional customer service that makes it a trusted partner in the event industry.

“I couldn’t be more thrilled about the future of Atlanta Party Rentals now that we’ve joined forces with the Hoffmanns,” said Tim Dodd, President of Atlanta Party Rentals. “Their portfolio includes some of our dream collaborators in the DMC space, and I’m eager to explore how we can grow and innovate together. From our very first meeting, it was clear we shared a deep commitment to excellence and to our respective families. I’m genuinely excited for what lies ahead.”

“We’re thrilled to welcome Tim and his exceptional team to our growing family of companies,” said Geoff Hoffmann, CEO of HF Companies. “Our Hospitality & Entertainment vertical is home to some of the most innovative and respected names in the industry, and Atlanta Party Rentals is a perfect addition. Tim has built an outstanding business, and I’m excited about the opportunities ahead as we work together to expand and elevate their already impressive offerings.”

The deal team was led by Clayton Jones, EVP of Business Development and advised by McDonald Hopkins (Legal) and FORVIS (Diligence). Atlanta Party Rentals was advised by VRA Partners (M&A).

For more information about Hoffmann Family of Companies and its Hospitality & Entertainment vertical, please visit www.hfcompanies.com.

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About Hoffmann Family of Companies

Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 120 global brands and employs 17,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Agriculture, Aviation & Transportation, Financial & Professional Services, Hospitality & Entertainment, Manufacturing, Marine, Media & Marketing and Real Estate. For more information, visit HFCompanies.com.

For More Information: Hoffmann Family of Companies | Rachel Berkowitz | [email protected]

Multi-Year Acquisition Plan Sees Comprehensive, Turn-Key Services Model Enter NTX and WTX Markets

DALLAS/FORT WORTH (June 3, 2025) – Today, CAVIS Energy (“CAVIS”) officially launched in the U.S. market, bringing industry-leading, relationship-driven energy services to key regions. With an established client base in Dallas-Fort Worth, Odessa/Midland, and Carlsbad, New Mexico, CAVIS (kay-vis) is powered by 135 skilled tradespeople, unified by a shared mission and vision for growth.

The company’s launch follows a series of strategic expansions, beginning with Hoffmann Family of Companies’ (“HF Companies”) March 2024 acquisition of CDN Controls—Western Canada’s leading provider of electrical and instrumentation, automation, renewable energy, and major construction services. This acquisition laid the foundation for expanding into new global markets, starting with the U.S.

In December 2024, CDN and HF Companies acquired Superior Optimization, a proven energy services operation with a well-established presence in Texas and New Mexico. This acquisition enabled a seamless market entry, and over the past seven months, business processes have been aligned, growth strategies developed, and CDN’s global brand has been introduced as CAVIS Energy.

CAVIS will provide solutions to the upstream (Production), midstream and renewables/solar energy segments as well as utilities & infrastructure, materials manufacturing, water and wastewater, and the industrial construction & engineering sectors. CAVIS will deliver nine (9) core services to the market:

“The launch of CAVIS Energy today marks a defining moment in our journey to build the industry leader in energy services—a distinction achievable in the U.S. market—and beyond,” shared Dean Fraser, CEO, CDN & CAVIS Energy. “What will unfold for CAVIS is the replication of CDN’s proven client-focused, high-performing, and values-driven approach in action. We are ready to deliver exceptional value across a dynamic energy landscape. Today’s announcement is more than an entry into the U.S. market—it’s the beginning of a long-term commitment to bold vision, partnership and sustainable growth that extends beyond borders.”

Geoff Hoffmann, Co-CEO at HF Companies, said: “From the outset, we knew CDN’s success model could be replicated in the U.S. market—it was never a question of ‘if’ but ‘when.’ At Hoffmann Family of Companies, we are intentional about investing in businesses with proven excellence and scaling them to new heights. This is what we do. Strong companies don’t just survive, they thrive—and we help them grow by providing resources, strategy, and leadership to accelerate their impact.”

He continued: “Now is the perfect time to enter the U.S. energy sector, and the momentum we’ve built through strategic acquisitions puts us in a position to drive industry-leading solutions. We are energized by the opportunities ahead and excited for what CAVIS Energy will accomplish in the coming years.”

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About Hoffmann Family of Companies

Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 120 global brands and employs 16,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Agriculture, Aviation & Transportation, Financial & Professional Services, Hospitality & Entertainment, Manufacturing, Marine, Media & Marketing and Real Estate. For more information, visit HFCompanies.com.

About CAVIS

CAVIS’ US Operations, fueled by 135 skilled tradespeople ready to deliver our suite of services, offer services in electrical maintenance, major construction, automation, automation engineering, communications and fibre optics, panel fabrication, measurement, combustion & emissions reduction and renewable/solar service. With our headquarters in Houston and operations in Odessa/Midland, Dallas/Fort Worth, New Mexico and beyond, we combine the resources and expertise of a large enterprise with the agility and responsiveness of a small, flexible organization. For more information, visit: www.cavisenergy.com.

For More Information:
Jennifer Chatman | CDN & CAVIS PR | [email protected]

Rachel Berkowitz | Hoffmann Family of Companies PR | [email protected]

Story Highlights Expansion Plans, How New Leadership Sparked a Rapid Rebound

CHICAGO (May 29, 2025) – Geoff Hoffmann, Co-CEO of HF Companies, and Adam Kraber, President & CEO of Oberweis Dairy, recently spoke with Crain’s Chicago Business to reflect on their first year of partnership following the company’s 2024 acquisition.

During the conversation, the two leaders outlined ambitious plans to expand, with 15 to 17 new store openings expected over the next two years, bringing the total to 54 locations. The growth strategy centers on Chicago, St. Louis, and Southwest Florida, tapping into strong brand recognition among Midwest transplants in those areas.

Crain’s also highlighted a $15 million investment in store upgrades and a $6 million enhancement to Oberweis’ North Aurora production facility. These efforts aim to strengthen operations, elevate the customer experience, and maximize brand loyalty in key markets.

“Joining the Hoffmann Family of Companies has allowed us to return to the core values that make Oberweis special: quality, joy, and integrity,” said Kraber.

Hoffmann echoed the sentiment, adding, “We’re far from finished with our investment and repositioning, but we couldn’t be more excited about the progress we’ve made.”

Subscribers can read the full story here.

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About Hoffmann Family of Companies:

Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 120 global brands and employs 16,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Agriculture, Aviation & Transportation, Financial & Professional Services, Hospitality & Entertainment, Manufacturing, Marine, Media & Marketing and Real Estate. For more information, visit HFCompanies.com.

For More Information:

Rachel Berkowitz | [email protected]

Mackinac Island’s Premier Luxury Private Dock

Mackinac Island, MI (Jan. 3rd, 2025) – The Hoffmann Family of Companies (HF Companies), a family-owned private equity firm based in the United States, proudly announces the acquisition of the East Dock, Mackinac Island’s premier luxury private dock. This strategic acquisition enhances Hoffmann Marine’s portfolio to 46 vessels across seven states, including 15 docks.

The East Dock offers an array of premium amenities, including a crew lounge, laundry facilities, modern grilling stations and more. The facility has also undergone significant renovations, including the installation of a state-of-the-art electrical system with service of up to 100 amps, water access at every pedestal, high-speed Wi-Fi and convenient garbage disposal services, ensuring a superior experience for its guests.

“We are thrilled to add the East Dock as our newest acquisition in Michigan. We look forward to continuing the dock’s legacy of providing first-class service and facilities to guests for years to come,” said Jenny Gezella, President of Hoffmann Marine. “Adding the East Dock to our portfolio continues to show the Hoffmann Family’s investment in Mackinac Island.” The East Dock will continue to be managed by Veronica Dobrowolski.

Veronica Dobrowolski, CEO of Arnold Transit Company & Sip n’ Sail Cruises, expressed her enthusiasm, stating, “I’m thrilled to support the Hoffmanns in expanding their marine presence on Mackinac and look forward to continuing to welcome guests to this stunning island.”

To learn more about the East Dock, visit eastdockllc.com or call 906.430.0095.

About Hoffmann Family of Companies:
Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 120 global brands, and employs 16,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Aviation, Agriculture, Financial Services, Hospitality, Business & Professional Services, Industrial, Manufacturing, Marine, Media & Marketing, Real Estate and Transportation.

With Two Additional Winnetka Properties Under Contract, HCRE Continues to Solidify Its Role as the Largest Landlord in the Region

Winnetka, IL (Dec. 23, 2024) — ​​Hoffmann Commercial Real Estate (HCRE), part of the Hoffmann Family of Companies, is proud to announce the acquisition of 10 new properties and one new property under contract. Nine of the newly acquired properties are current Oberweis Ice Cream & Dairy Store locations being purchased from the Oberweis family, with the tenth — 510 Winnetka Avenue — set to become a new store location.

These strategic acquisitions reinforce HCRE’s ongoing commitment to Oberweis, securing these properties as long-term assets and supporting the brand’s expansion across the country with new store locations.

“We are thrilled to announce our latest acquisitions and the new Oberweis ice cream store location in Winnetka,” said Greg Hoffmann, Principal & CEO of HCRE. “This milestone further enhances the national expansion of Oberweis Ice Cream and supports the growth of this iconic brand. It also represents a positive step forward for the communities involved.”

The newly acquired locations are:

  • 510 Winnetka Ave, Winnetka, IL 60093 (new Oberweis Ice Cream & Dairy Store location coming soon!)
  • 925 S Route 59, Bartlett, IL 60103
  • 338 W. Army Trail Road, Bloomingdale, IL 60108
  • 2105 N. Veterans Parkway, Bloomington, IL 61704
  • 4568 & 4590 Telegraph Road, Oakville, MO 63129
  • 1816 Highway K, O’Fallon, MO 63366
  • 7202 W. 159th Street, Orland Park, IL 60462
  • 1735 Algonquin Road, Rolling Meadows, IL 60008
  • 30 S. Roselle Road, Schaumburg, IL 60193
  • 1790 West Main Street, St. Charles, IL 60174

In addition, HCRE is under contract to acquire 530 Winnetka Avenue, further expanding its presence in the area. These acquisitions strengthen Hoffmann’s position as the largest landlord in Winnetka and underscore its continued investment in the community.

Greg Hoffmann added, “With our contract to acquire 530 Winnetka Avenue, we are excited to further enhance the area and continue supporting the businesses and residents that make Winnetka such a remarkable area.”

HCRE’s diverse portfolio features retail, commercial and office spaces, multi-family housing, industrial properties and land under development. Dedicated to upgrading each property to a Class “A+” standard, HCRE’s portfolio is valued at over $1 billion.

HCRE is experiencing rapid growth, building a portfolio that includes both stabilized and value-added assets in prime locations across the country. Currently, HCRE’s portfolio includes properties in California, Canada, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Pennsylvania, Tennessee, Texas and Wisconsin.

About Hoffmann Commercial Real Estate
Hoffmann Commercial Real Estate (HCRE), a subsidiary of the Hoffmann Family of Companies, is a premier real estate investment and development firm specializing in the acquisition, management and redevelopment of commercial properties. With a diverse portfolio that spans stabilized and value-added assets, HCRE is committed to enhancing the communities in which it operates through thoughtful development and superior property management. HCRE’s strategic investments are focused both within the United States and internationally, reinforcing its position as a leader in the commercial real estate industry. For more information, visit Hoffmanncre.com.

About Hoffmann Family of Companies
Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 120 global brands, and employs 16,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Aviation, Agriculture, Financial Services, Hospitality, Business & Professional Services, Industrial, Manufacturing, Marine, Media & Marketing, Real Estate, and Transportation.

Western Canadian Energy Services Leader Acquires the Dallas and Odessa-Based Business to Expand Services Into the United States

Calgary, CA (DEC. 9, 2024) – CDN Controls ULC, part of the Hoffmann Family of Companies (HF Companies), Western Canada’s leading provider in electrical and instrumentation, automation, renewable/solar services, and major construction services, announced today that it has acquired Dallas and Odessa-based Superior Optimization.

As part of the acquisition, a transition process will be undertaken to align business processes, which will include the relocation of the head office to Houston, TX, while maintaining all services in the current branch locations in Fort Worth, Odessa, and New Mexico. Additionally, the business will undergo a brand transition to the name CAVIS (kay-vis) Energy.

The acquisition is the result of an intentional, strategic pivot for CDN that began in March 2024, when CDN was acquired by the Hoffmann Family of Companies, a US-based, family-owned, private equity group. A central driver of the Hoffmann-CDN acquisition was to provide capacity and capital for CDN to seize new opportunities in new markets. Today’s acquisition is the realization of this vision—and the first of several planned expansions.

“There is an opportunity for CDN to be a global player and industry dominator,” said Dean Fraser, CEO and Co-Founder, CDN. “The market-driven focus and strong foundational core values of Superior Optimization are similar to CDN, and we are excited to work alongside their leadership and talented industry professionals to provide energy services in this dynamic US market.”

“CDN understands that there are significant opportunities in the energy services space, and the market is ready for a provider that understands the improvements and innovations ahead for the global energy infrastructure,” said Geoff Hoffmann, Co-CEO, Hoffmann Family of Companies. “As the demand grows for large-scale players to undertake this work, we are pleased to see CDN’s entrance into the United States to seize these opportunities. We welcome Superior Optimization to the family and look forward to its transition to CAVIS Energy.”

About CDN Controls
CDN is Western Canada’s leader in electrical and instrumentation maintenance, automation, communication, and renewable/solar services. United by a vision to become a globally recognized business celebrated for our tenacious full-service approach in relentless pursuit of industry dominance, CDN’s collective team of more than 750 employees and contractors are committed to the highest standards in performance, measurement, and safety — and, above all, pride in a job well done. With 11 branches, six formal Indigenous partnerships, and a history of building impactful relationships, CDN delivers systems that perform. For more information, visit: www.cdncontrols.ca.

About Superior Optimization
As an Energy & Industrial Service provider, Superior Optimization leverages strong internal synergies to deliver turn-key solutions across a wide array of industries throughout Texas, New Mexico, and the Southwest US. Their capabilities include embedded technicians, design, Electrical and Instrumentation construction and project management, panel manufacturing, installation/commissioning, system integration, maintenance, repair, and capital project support. As the world becomes increasingly automated, Superior Optimization helps customers connect with their field assets to obtain better visibility and analytics. For more information, visit: supopt.com.

Naples, FL (Nov. 1, 2024) — The Hoffmann Family of Companies (HF Companies) proudly announces the acquisition of Dolphin Transportation Specialists, a leading transportation provider with a fleet of over 165 vehicles, including sedans, SUVs, vans, Mercedes Sprinters, minibusses, and motor coaches.

Dolphin Transportation, founded by Francis Papps and Tim Rose, operates out of Naples, Florida, with additional locations in Miami, Tampa/Sarasota, Fort Myers and Marco Island. Tim Rose, a respected industry veteran, will continue to lead Dolphin as President and will also assume the role of President of Hoffmann Transportation Enterprises. In his expanded role, Tim will collaborate with Tamir Rankow and Randy Smith, Directors of the Hoffmann Family of Companies, to drive future acquisitions and enhance customer service offerings across the transportation portfolio.

(From Left) Tamir Rankow, Tim Rose, David Hoffmann, Randy Smith

“Dolphin Transportation began in 1994 on Nantucket Island, Massachusetts, and has grown into one of the largest operators in the country,” said Tim Rose. “Joining forces with the Hoffmann Family of Companies represents an exciting chapter for our team. We look forward to leveraging their expertise and resources to elevate the luxury transportation experience for our valued clients.”  

Tim Rose currently serves on the National Limousine Association, Florida Limousine Association and the Chauffeured Transportation Association of New Jersey Boards, and previously served as President of the Chauffeured Transportation Association of New Jersey for many years.

Dolphin Transportation specializes in premium transportation and coordination services for large events, groups and corporate clients nationwide. The company has expanded its reach through strategic acquisitions, including SRQ Transportation in Sarasota in 2020 and Key Transportation in Miami in 2021.

“We are thrilled to welcome Dolphin Transportation Specialists into the Hoffmann family,” said Randy Smith, Director of the Hoffmann Family of Companies. “Their reputation for excellence aligns perfectly with our commitment to delivering exceptional service across all our business ventures.”

With this acquisition, the Hoffmann Family of Companies solidifies its position as the largest private owner-operator of a Black Car vehicle fleet in the United States, offering comprehensive services across major cities, including Dallas, Miami, Tampa, Naples, Fort Myers, Sarasota, Marco Island, Napa and Sonoma Valley, San Francisco, St. Louis, Augusta, Missouri, and Aspen, Colorado.

Media Contact
Jessica Carruth
Director, Communications & PR
[email protected]
239.396.7474

Fort Myers, FL (Oct 29, 2024) — ​Hoffmann Family of Companies (HF Companies) announced today that it has increased its share ownership in Lee Enterprises Inc. In conjunction with the Securities and Exchange Commission rules and regulations, the company has filed a 13D amendment.

HF Companies believes the current investment places their ownership position behind Quint Digital, the largest shareholder. The company has plans to further invest in Lee Enterprises as market conditions present themselves. JPMorgan Chase is advising HF Companies on its strategy.

According to Bloomberg, the Jerrilyn M. Hoffmann Revocable Trust reported a 6.7% holding in Lee Enterprises Inc., equivalent to $6.85 million. A previous 13D filed on October 17, 2024, showed a 5.22% stake. Shares of Lee Enterprises have gained 21% since October 17, 2024, compared with the 0.6% drop in the Standard & Poor’s 500 Index.

Lee Enterprises Inc., the fourth-largest newspaper company in the U.S., operates in 26 states and owns 77 newspapers nationwide, including the St. Louis Post-Dispatch, which attracted the interest of founder David Hoffmann.

About Hoffmann Media Group
Hoffmann Media Group, a privately held media company based in Southwest Florida, publishes a variety of print, online, mobile, and email publications. Over the past 15 years, our writers, designers and ad builders have earned over 200 awards from the Florida Press Association, Society of Professional Journalists and Florida Newspaper Advertising and Marketing Executives Association. The Florida Press Association has recognized us as the best in the state for content, consumer experiences and advertising services. Our flagship brands serve over 30 markets, offering premier digital advertising services, newspapers, and magazines across Florida, California, Michigan and beyond. For more information, visit www.hoffmannmediagroup.com.

About Hoffmann Family of Companies 
Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 110 global brands, and employs 11,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Aviation, Agriculture, Financial Services, Hospitality, Business & Professional Services, Industrial, Manufacturing, Marine, Media & Marketing, Real Estate, and Transportation. For more information, visit www.hfcompanies.com.

Media Contact
Jessica Carruth
Director, Communications & PR
[email protected]
239.396.7474