Accelerate360, LLC (ACC) today announced that it has completed an agreement for National Publication, Services, LLC, an affiliate of Hudson News to sell its interests in Comag Marketing Group, LLC (CMG) and Genera Solutions, LLC to Accelerate360 effective immediately. With this transaction, Accelerate360 Distribution, LLC becomes the sole owner of CMG & Genera. In addition, Comag and Hudson strengthened their long-standing relationship by extending the magazine distribution agreements between the companies.
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“Today’s announcement underscores our commitment to investing in this channel and ensures we are well-positioned to navigate the challenges and opportunities of the ever-changing marketplace as Jay Felts (President – CMG) and his team continue to work with our publishing partners and build on the outstanding service they have come to expect,” said Accelerate360 President and CEO David Parry. “I also want to thank James Cohen and his team for their great effort to complete this transaction and look forward to our continued partnership with Hudson News.”
