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Hispanic Yellow Pages Network Announces Initial Acquisitions
Boston (April 7,
2004) - Hispanic Yellow Pages Network LLC, led by yellow page industry
veterans Patrice Listfield and Luis Bermudez, has recently closed on
its acquisitions of the leading independent Hispanic yellow pages
directory businesses in Dallas and Houston, TX and Orlando and Tampa,
FL.
HYP Network is an investment venture formed by ABRY Partners,
Listfield and Bermudez in order to become the leading independent
provider of yellow page directories targeted to Hispanic communities
throughout the United States. The Company intends to expand its
operations to other leading Hispanic markets.
ABRY Partners,
based in Boston, is one of the oldest and largest private equity funds
in North America investing exclusively in media and communications
companies. ABRY has over $2.0 billion of capital under management and
since 1989 has completed over $7.0 billion of leveraged transactions in
the media and communications industries.