Dirks, Van Essen & April, a media merger and acquisition firm based in Santa Fe, New Mexico, represented CNHI in the transaction. Terms were not disclosed.
The Transylvania Times is the latest addition to Montgomery, Alabama-based CNHI, which operates community newspapers, websites and niche publications in 22 Midwest, Southeast, Southwest and Northeast states.
The Transylvania Times’ history dates to July 1, 1887. It has been owned by the Anderson and Trapp families since 1941 and publishes twice a week. Co-publishers Sean and Leigh Trapp are the third generation to run the paper. Their mother, Stella Anderson Trapp, published and edited the paper for more than 30 years before her death in December of 2020.